Abrigo

JANUARY 22, 2015

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. Small regional and community banks had a much higher approval rate (90 percent) for those firms classified as “Growers.”

Community Bank 150

Community Bank Community Regional Cleveland 150

South State Correspondent

FEBRUARY 27, 2024

Community bankers need to practice realistic loan pricing discipline. However, we need to understand the meaning of pricing discipline and its effect on community bank performance. This is strong evidence that community banks are pricing to an arbitrary minimum credit spread in this set of loans.

How To 195

How To Community Bank Community Management 195

PYMNTS

JANUARY 9, 2018

Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index. Here, again, lies another opportunity for community banks to fill the void. INTRUST Bank recently announced it is also taking part in the trend of collaborating with FinTechs.

Community Bank 131

Community Bank Community Fintech Lending 131

PYMNTS

MARCH 18, 2020

JPMorgan said it will to donate $50 million to groups and organizations that provide support and supplies to people affected by the coronavirus all over the world, according to a report by Reuters. . The bank plans to donate $2 million to the COVID-19 Solidarity Response Fund run by the United Nations and the World Health Organization (WHO).

Arlington 214

Arlington Seattle Washington Virginia 214

PYMNTS

JANUARY 15, 2021

EedenBull , which works with payment and spend technology, has a new agreement with National Australia Bank (NAB) in which the bank will let its small- to medium-sized business (SMB) users access EedenBull’s payment and spend platform, according to a report from Finacial IT.

Management 172

Management National Regional Analysis 172

Independent Banker

MARCH 31, 2022

This Community Banking Month, I invite you to try something new to spread your story. Share a new development, community project or initiative. As community bankers, we know relationships matter. I’m headed to Memphis to meet with our state and regional partners, and then I’ll be engaging with the team at CRA Partners.

Oklahoma City 161

Oklahoma City social media Memphis Community 161

PYMNTS

JULY 1, 2016

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Startups are estimated to employ nearly 300,000 on the island nation. Singapore is poised to become the world’s first country to make the notion of a “Smart Nation” an actual reality.

National 133

National Training Bitcoin Samsung 133

PYMNTS

MARCH 12, 2019

Federal Reserve Governor Lael Brainard said on Tuesday (March 12) that a more flexible look at banks through the lens of the Community Reinvestment Act (CRA) could potentially make capital available for regions outside the usual areas financial institutions cater to.

US 108

US Community Regional Lending 108

South State Correspondent

APRIL 10, 2023

Nonetheless, with the recent collapse of sizeable regional banks, regulators, investors, analysts, accountants, and bankers are now scrutinizing the fair value of banks’ securities and loan portfolios. This development should strongly motivate community banks to consider the benefits of loan-level hedging.

Community Bank 195

Community Bank Community Security Capital 195

Abrigo

AUGUST 31, 2023

Naming conventions One benefit of customer-centric KYC is that it differentiates community financial institutions from larger, more impersonal banks by allowing clients to retain their individuality and build personal relationships. Members of Amish or sovereign citizen communities often have fewer government-issued IDs.

Compliance 195

Compliance Community Training System 195

PYMNTS

APRIL 16, 2019

Among the most recent headlines, in Asia this past week, the Monetary Authority of Singapore (MAS) and the National Bank of Cambodia have signed a memorandum of understanding (MOU), that Business Times said will boost partnerships on FinTech and financial services innovation. The banks have also agreed to share data on emerging markets.

Fintech 211

Fintech San Francisco National Innovation 211

PYMNTS

NOVEMBER 19, 2019

These steps would allow much more rapid liquidation of an insurance policy, including a ‘disaster dividend,’ or a ‘harm’s way’ claim, which could be used to pay for evacuation-related expenses,” the agency stated in its latest National Advisory Draft Report to the FEMA Administrator.

blockchain 217

blockchain Puerto Rico Virgin Islands United States 217

PYMNTS

OCTOBER 5, 2016

percent in the previous quarter, according to a report from real estate research firm Reis Inc. Higher end regional malls are helping to fuel the resurgence, as smaller retail space in community centers continue to decline. Retail mall vacancies fell to 7.8 percent in the third quarter, down from 7.9

Community 166

Community Retail Regional National 166

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

Fintech 195

Fintech Community Regional Technology 195

Jeff For Banks

APRIL 4, 2010

Community banks tout themselves as better than national and regional banks because of how close they are to their communities. A case in point: the First National Bank of Hallstead… now Peoples National Bank (see photo). When the bank opened in 1905, Hallstead was already a thriving community.

Community Bank 60

Community Bank Pennsylvania National Community 60

PYMNTS

JULY 2, 2020

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. The tech company, which has 271 retail shops in the United States, has recently closed 47 stores again, CNBC reported.

Apple 131

Apple Los Angeles South Carolina North Carolina 131

PYMNTS

APRIL 2, 2019

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. On the regional front, Reis said the vacancy rate at regional malls increased 0.3 reached 10.2

Metro 125

Metro Regional Retail Community 125

Abrigo

NOVEMBER 21, 2014

Now that banks have filed their third quarter financial reports , what did the lending picture look like last quarter? Nationally, the picture is a fine one. A recent data report culled from Sageworks Bank Information , a web-based data platform that includes financial and regulatory information on every U.S.

Lending 186

Lending South Carolina Miami Community Bank 186

South State Correspondent

AUGUST 22, 2023

The opportunity for the product is that for an average community bank, 83% of their commercial, non-profit, and municipal customers are NOT using treasury management services. For $6, a community bank can garner a lead that has an average of 9% probability of converting with over $33k per year in value.

Management 195

Management Community Bank Survey Community 195

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. But that might not be the best move for your financial institution or your community. Certainly, one asset class, the regional mall, is quite dead,” Kirby said.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

FEBRUARY 20, 2020

Financial Stability Board (FSB) Chair Randal Quarles has warned global financial regulators that they must accelerate the creation of a framework for cryptocurrency and other forms of digital money, Reuters reported on Wednesday (Feb. Pressures that can lead to market fragmentation exist. Federal Reserve governor — in the letter.

cryptocurrency 194

cryptocurrency Meeting Conference Regional 194

PYMNTS

JULY 16, 2019

Regional banking firm KeyCorp disclosed a massive instance of fraud on Tuesday (July 16) that could potentially cost $90 million, according to a report by CNBC. The bank also recently announced an initiative to help local communities. Shares fell on the news. The event occurred in the beginning of Q3. KeyBank’s five-year, $16.5

Fraud 142

Fraud Cleveland Indiana Community 142

PYMNTS

OCTOBER 10, 2017

Federation of Small Businesses (FSB) is facing increased criticism from some of its early supporters, a problem compounded by the complications and uncertainty of Brexit as well as declining membership, according to news reports from the Financial Times on Monday (Oct. That modernization initiative first began in 2014, reports said.

Regional 100

Regional Meeting National Maine 100

PYMNTS

OCTOBER 6, 2020

In addition, the report says, services that were once available only at branches, such as loan or credit card applications, are being moved to mobile apps and ATMs.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

PYMNTS

JULY 17, 2020

He said that while small banks, credit unions (CUs) and regional players deeply fear being swept aside by the great digitalization wave that the pandemic has set off, their concerns aren’t actually unique to the financial industry’s smaller end. Instead, FIs must go digital in the ways consumers are seeking.

Regional 198

Regional Cards National Trends 198

CFPB Monitor

AUGUST 30, 2022

The key findings discussed in the blog are: Nonprofit hospitals are prohibited by the ACA from reporting medical debts as collections to credit reporting companies, or from selling the debt to another party, without first trying to determine whether the patient would be eligible for their financial assistance policies.

Policies 78

Policies Regional Report Taxes 78

Abrigo

SEPTEMBER 10, 2021

financial system enhanced the criticality of detecting and reporting financial crime, including the financing of terrorist acts against our country. . The 9/11 Commission Report mandated by Congress after the attacks exposed this misconception, proving that the financing of the terrorists did flow through the U.S. Before 9/11.

Training 195

Training Risk Management Pennsylvania Resources 195

Alex Jimenez

APRIL 7, 2024

Some reported that they were de-prioritizing digital transformation in favor of cost-cutting. In my estimation, digital leaders consist of the national banks, particularly Chase and Bank of America, a small number of regionals and community banks, and a few credit unions.

Innovation 87

Innovation Management Strategy America 87

PYMNTS

DECEMBER 17, 2018

Smaller banks around the country are feeling the pinch as rising interest rates keep earnings static on loans and customers want more interest on their deposits, according to a report from The Wall Street Journal. The Southern National Bancorp of Virginia is now shelling out 2.25

Virginia 144

Virginia Lending New York National 144

Gonzobanker

MAY 17, 2022

For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. As one executive lamented regarding a vendor, “These guys don’t even have the manners to get back to us with reports on our issues.”. In 2021, the Standish Group reported that 83% of I.T.

Technology 145

Technology Regional Community Bank Community 145

PYMNTS

OCTOBER 5, 2016

The announcement revolves around its Series A funding with participation and support from CincyTech Fund IV and other sources within the CincyTech local, regional and national investor community. Eccrine Systems, Inc. just raised $5.5 million for its noninvasive wearable system that focuses on sensing — yes — sweat.

System 138

System United States Community Apple 138

PYMNTS

JUNE 18, 2018

Interestingly, while the report found that big traditional banks continue to increase their SMB lending activity, separate analysis suggests that these FIs are losing ground to their smaller competitors in the small business finance race. percent increase in shares at mid-cap regional banks and a 12.1 percent in May, down from 40.2

Lending 112

Lending Community Bank Regional Community 112

PYMNTS

OCTOBER 24, 2016

92% of South African SMEs are planning for growth next year , found a new report by the National Small Business Chamber (NSBC). Its 2016 National Small Business Survey signals widespread optimism across the nation’s small business community, despite economic challenges. 85% of the $2.6 debt recovery firm.

Payments 100

Payments National Regional Survey 100

South State Correspondent

DECEMBER 8, 2023

We asked ten banks how they define small business and where it reports and got different answers. Where there is no correct answer, the takeaway was that the most successful banks have a clearly communicated definition and often meet with their retail, commercial, and specialty counterparts to manage issues and conflicts.

Conference 195

Conference Retail Community Bank Technology 195

PYMNTS

JULY 20, 2018

Sydney was the natural choice as a base for Stake as a key financial hub in the Asia Pacific region,” Stake Co-founder and COO Dan Silver told PYMNTS.com in an interview. As such, startups such as Stake , which offers a way for investors to trade U.S. stocks, call the city home.

Fintech 101

Fintech social media Regional Customer Experience 101

PYMNTS

JANUARY 30, 2018

Reports in The Times on Monday (Jan. 29) said only 17 businesses in Scotland have complied with requirements under the payment practices and performance reporting rules, which require larger companies and LLPs to submit reports every six months on their B2B payment practices.

Payments 100

Payments Regulation Regional Analysis 100

Independent Banker

APRIL 28, 2016

My typical mailer includes the previous months’ report and the questions they should answer to help me with my next report. Rasmussen: My monthly reports are threefold. I also focus on budgets, loan and deposit growth, net interest margins, quarterly comparison reports, and the banker’s view of his or her local economy.

Dallas 131

Dallas Texas Houston Community 131