In December 2016, Cornerstone Advisors surveyed 301 executives from community banks and credit unions about their outlook, concerns, priorities, and technology plans for 2017.

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Key Findings:

• CEO optimism about the upcoming year is at its highest point in the past five years.

• Changes in community-based FIs’ concerns between 2016 and 2017 reflect a re-focusing from external concerns.

• Community-based FI CEOs are going back to the basics of their business.

FIs’ technology priorities could portend a tough year for vendors.

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