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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

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BankUnited Nabs Capital One Execs to Lead Equipment Finance

American Banker

Bank United in Miami Lakes, Fla., has appointed two former Capital One Financial executives to lead its new equipment and franchise finance subsidiary.

Capital 34
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A digital-first bank for south Florida

Independent Banker

Serving Miami-Dade, Broward and Palm Beach counties, Locality Bank is focusing on serving small businesses and others in the restaurant and hospitality sectors. Featured offerings include commercial banking, commercial real estate lending for both owner-occupied and investment, SBA lending, and deposit and business treasury services.

Florida 91
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Impact Roadshow | Miami, FL

Filene

QCash - An omni-channel lending solution that offers relationship based underwriting (without credit check) to members in search for small, short-term unsecured loans. It was also a great forum for the Coast Capital team to engage with peers within the organization and across the industry. Filene Feedback | Linda Young.

Miami 28
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Nurturing New Businesses

Independent Banker

Of course, community banks are the primary economic engines behind small businesses on Main Street America, funding more than 60 percent of all small-business lending. However, capital isn’t the only or even primary need of startups, various business incubator experts agree. Some entrepreneurs have never raised capital.

Miami 70
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FI Highlight: TotalBank

NCR

Headquartered in Miami, TotalBank is a leading, full-service community bank offering personal and business banking, lending, and wealth management services. TotalBank has proudly served the Miami community for more than 40 years. First off, can you tell us a bit about TotalBank?

Miami 45
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Top 33 Digital Lenders to U.S. Small Businesses (SMB) in Nov 2021

Fintech Labs Insights

CAN Capital. Lighter Capital. Top 30 Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. CAN Capital. Kabbage (AmEx). Fundera (NerdWallet). Fundera (NerdWallet). Biz2Credit. Camino Financial. SmartBiz Loans. SnapCap (LendingTree). Channel Partners. Minneapolis. Rapid Finance.

Atlanta 15