PYMNTS

JUNE 12, 2019

To bring their merchandise in front of millions of shoppers through eCommerce, several Goodwill regions are teaming with mobile marketplace OfferUp. With the tie-up, the items are listed under handles for regional Goodwill locations. People who shop at Goodwill triple their impact.

Regional 145

Regional San Antonio San Francisco New York 145

PYMNTS

APRIL 2, 2019

MOXY bank , preparing to be one of the first new community banks to launch in the U.S. Last year, MOXY said its focus will be “to create financial equality throughout the communities serviced by combining the latest technological advancements with community banking.”

Community Bank 117

Community Bank Community FDIC Washington 117

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

Banking Exchange

JUNE 14, 2021

Bank of America ranks highest in banking mobile app satisfaction, reports JD Power Retail Banking Feature Lines of Business Technology Mobile Online Tech Management Feature3 Community Banking Consumer Compliance Customers.

Mobile 88

Mobile Regional Survey Community Bank 88

South State Correspondent

MARCH 5, 2024

In this article, we will consider how and why loan size is one of the most significant drivers of profitability for community banks and what community banks can do to improve performance. However, a community bank’s average commercial loan size is between $250k and $500k. Some of the results are shown in the table below.

Community Bank 195

Community Bank Community National Lending 195

South State Correspondent

MARCH 5, 2024

In this article, we will consider how and why loan size is one of the most significant drivers of profitability for community banks and what community banks can do to improve performance. However, a community bank’s average commercial loan size is between $250k and $500k. Some of the results are shown in the table below.

Community Bank 195

Community Bank Community National Lending 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

Abrigo

OCTOBER 27, 2014

With the fourth quarter of 2014 well underway, both banks and credit unions are in the midst of reporting their results from the previous three months. As American Banker reported last week, nearly a dozen regional banks saw scattered growth in their loan portfolios as part of the Q3 filings. As the U.S.

Lending 248

Lending Report Trends Community 248

American Banker

NOVEMBER 10, 2023

In its biannual report on supervision and regulation, the Federal Reserve Board noted an uptick in governance issues with large banks. Regional and community banks, meanwhile, were plagued by IT problems and risk management struggles.

Risk Management 90

Risk Management Community Bank Regional Community 90

The Banker

SEPTEMBER 14, 2022

Jane Monahan reports. While aware of the challenges ahead, the country’s huge network of small and mid-sized banks believe they are in a strong position and remain optimistic about the long-term outlook.

Community Bank 36

Community Bank Regional Community Report 36

Abrigo

MARCH 8, 2024

In 2023, reported fraud losses surged to over $10 billion, a 14% increase from 2022, despite a similar number of cases being reported at 2.6 billion in losses reported. The total loss attributable to wire transactions was $344 million, as described in 42,729 reports to the FTC. Investment scams were #1, with over $4.6

Fraud 195

Fraud Technology Trends Training 195

South State Correspondent

OCTOBER 10, 2022

All domestic systemically important banking organizations and most large regional banks engage in some form of FTP practices and building blocks. However, over the years, there has been considerable debate at community banks on how to implement the principles of FTP to various balance sheet accounts like loans and deposits.

Community Bank 195

Community Bank Community Examples Management 195

PYMNTS

DECEMBER 10, 2018

The scope of late payments in the United Kingdom continues to be illuminated across government reports. Among the latest is a report from the Business, Energy and Industrial Strategy Committee, or BEIS for short, that shows continued impact on smaller firms. Travel agency Thomas Cook took an average of 88 days to get suppliers paid.

Report 159

Report Retail Payments Survey 159

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. . Amazon is also going to give cash to food banks in the region, which will use the money to provide necessities for families and persons in need.

Arlington 214

Arlington Seattle Washington Virginia 214

PopularBank

OCTOBER 28, 2020

Popular is committed to meeting the needs of our customers and communities, guided by our 127-year legacy. We are confident that this repositioning will improve the performance of Popular Bank as we continue to meet the growing and diverse needs of our customers, employees and communities throughout our markets.”.

Puerto Rico 52

Puerto Rico New York Metro Community 52

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

MAY 12, 2020

Local and regional banks may have once been more insulated from these trends than other businesses since they are often trusted names within their communities and maintain long-standing relationships with their customers. percent of local and regional FI cardholders that report the availability of this feature.

Regional 241

Regional National Cards Mobile 241

PYMNTS

MAY 4, 2017

In his prepared remarks, CEO Mark Zuckerberg called out two main areas of focus: connecting communities and combating the fake news and violence that has taken center stage of late. “In Now, with that foundation, our next focus will be on building community. Payments revenue declined — coming in at $175 million, a 3.3 In the U.S.

Community 100

Community Video Tools Maine 100

BankInovation

NOVEMBER 2, 2023

In recent years, community and regional banks have been under increasing obligation to discover and report money laundering and tamp down on fraud losses. And this trend shows no sign of slowing down.

Fraud 64

Fraud Regional Community Trends 64

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

CFPB Monitor

AUGUST 25, 2016

The CFPB has issued a new elder financial abuse report, “ Report and Recommendations: Fighting Elder Financial Exploitation through Community Networks ,” and a related resource guide, “ A Resource Guide for Elder Financial Exploitation Prevention and Response Networks.” Culhane, Jr. and Peter D.

Resources 60

Resources Community Report Regional 60

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

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

PYMNTS

OCTOBER 26, 2020

With COVID-19 cases rising in Illinois, operators of small- to medium-sized businesses (SMBs) in heavily populated areas face new shutdowns — measures likely to be all the more painful economically because of looming winter weather that will make options such as outdoor dining unattractive, The Wall Street Journal (WSJ) reported.

Illinois 171

Illinois Chicago Community Regional 171

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

PYMNTS

SEPTEMBER 13, 2017

New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners. In Europe, for instance, the region is preparing for the rollout of a new directive which could challenge how medical providers process invoices.

Strategy 190

Strategy Report Lending Fintech 190

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

TheGuardian

AUGUST 12, 2020

The headwaters of the Amazon in Ecuador and Peru are home to more than 500,000 indigenous people, including some who choose to live in voluntary isolation.

Regional 113

Regional Community Report America 113

PYMNTS

APRIL 6, 2020

Lenders faced loan requests in the thousands, as they encountered difficulties with tech access and changing paperwork, Reuters reported. The Independent Community Bankers of America (ICBA) told the Small Business Administration (SBA) and the Treasury about the “massive delays” and “failed technology” that members were facing.

social media 130

social media America Community Regional 130

PYMNTS

JUNE 24, 2020

The quarantine will go into effect at midnight and will cover all visitors from a range of states “with significant community spread of COVID,” the governors wrote in a statement posted on Twitter. Ned Lamont announced the travel advisory on Wednesday (June 24) at a joint press conference.

New York 227

New York New Jersey Connecticut South Carolina 227

PYMNTS

FEBRUARY 28, 2020

In a report titled “The Dark Side of Latin America,” IntSights, which monitors cyberthreats, said Latin America is among the top regions for money laundering, done at least in part through cryptocurrency, and that such tactics are favored by organized crime. IntSights reported that there were 453.7 The tailwinds for cybercrime?

America 217

America cryptocurrency Regional ATM 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

ABA Community Banking

AUGUST 27, 2015

SNL Report: Overall, banks in Western region generate strongest loan growth Bank Performance Management Financial Trends Community Banking.

Community Bank 40

Community Bank Community Lending Regional 40

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

JULY 31, 2017

A new report from FIS finds small businesses continue to feel fed-up with their big banks, despite a rebound in large bank loan approval rates for SME borrowers. The 2017 report from FIS surveyed nearly 500 SMEs in the U.S. That’s bad news for some of the largest FIs, despite a recent uptick in small business lending activity.

Survey 112

Survey Community Bank Community Regional 112

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

PYMNTS

DECEMBER 14, 2020

The new tool is available to Dashers in select regions across the East Coast. The rollout of this new tool is part of DoorDash’s Main Street Strong Pledge , which is designed to give Dashers financial empowerment while also empowering local communities. A nationwide launch is planned for early next year. .

Tools 238

Tools Washington New York Maine 238