Remove Community Remove Lending Remove New Jersey Remove Taxes
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Widening Borrower Protection’s Scope To SMBs

PYMNTS

As online lending platforms proliferate among the SMB borrowing community, however, experts warn that a lack of regulation means these companies rarely publicly reveal interest rates and fees. “We have seen small businesses destroyed by online lending.” ” Knowing Their Options. . ” Knowing Their Options.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

//Jeff Marsico remarks to the 2023 New Jersey Bankers' Association Annual Convention: May 19, 2023// Four decades ago, the prolonged savings-and-loan crisis devastated the industry. The old borrow short, lend long strategy. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate?

FDIC 78
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The social responsibility of banks is to increase profits.

Jeff For Banks

Banks typically lend businesses money, and shy away from early stage businesses with no operating history (and no real estate as collateral for that matter) because of the risk of not being paid back. Franklin recognizes that new business generation is critical to the success of the communities in which they operate.

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The social responsibility of banks is to increase profits.

Jeff For Banks

Banks typically lend businesses money, and shy away from early stage businesses with no operating history (and no real estate as collateral for that matter) because of the risk of not being paid back. Franklin recognizes that new business generation is critical to the success of the communities in which they operate.

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The 2018 GonzoBanker Awards

Gonzobanker

CVB Financial acquires Community Bank. With active investment and community engagement, Hispanic membership growth at ICCU is now more than twice the rate of other household segments. Another example of sincerity and innovation making an impact on local communities. Write articles about helping people with taxes or something.”

Fintech 105