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Scottsdale Community Bank: Making microloans

Independent Banker

Inspired by the entrepreneurship of lemonade stands, Scottsdale Community Bank created a microloan program. Photo by Brandon Sullivan De novo Scottsdale Community Bank set out to provide microloans to small and mid-size businesses, family organizations and nonprofits—a project that was inspired by the humble lemonade stand.

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Patriot National Hits Regulatory Snag In SBA Platform Plans

PYMNTS

Community bank Patriot National has hit a regulatory roadblock in its plans to launch a Small Business Administrative platform, but reports in American Banker on Thursday (March 13) said the financial institution remains undeterred by the challenge. Hana is one of the largest SBA lenders, facilitating $96.6

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Rebeca Romero Rainey: Community service is at our industry’s heart

Independent Banker

Community service is a timeless tradition that’s core to every community bank.”. As I work on this column, I’m in Santa Fe, preparing to speak at the Independent Community Bankers Association of New Mexico’s annual convention. Community service is a timeless tradition that’s core to every community bank.

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DOJ announces settlement of redlining lawsuit

CFPB Monitor

The key allegations in the DOJ’s complaint are the following: During the relevant time period (2015-2021), the Newark, New Jersey-Pennsylvania Metro Division (Newark MD) as delineated in 2015 included Essex, Somerset, Union, Sussex, and Morris counties in New Jersey (Newark Lending Area).

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Uber, Lime Pause Some Ridesharing Services

PYMNTS

Uber’s Senior VP of Rides and Platform Andrew Macdonald said in a statement, “Our goal is to help flatten the curve on community spread in the cities we serve.”. That option has now been deactivated in users’ apps in the two nations. North America is responsible for the lion’s share of the ridesharing company’s revenue. “We

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Vacancy Rate At Shopping Centers Hit 10.2 Percent In First Quarter

PYMNTS

The vacancy rate of community shopping centers in the U.S. Reuters , citing Reis, the real estate research firm, reported the vacancy rate in 28 of the 77 metro areas increased during the first three months of 2019. For community shopping centers, the net absorption, which is the available space sold during the quarter, declined 7.4

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Apple Pay’s Latitudinal Reach

PYMNTS

Apple Pay is now supported by 22 banks after adding The Co-operative Bank and Metro Bank earlier this month, and Apple Pay is now available in the U.K. City National Bank of Colorado City. First Community National Bank. First National Bank (IA). First National Bank (MN). First National Bank (SD).

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