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Using digital lending helps to reach small businesses

Independent Banker

Digital lending capabilities are quickly becoming table stakes, particularly when it comes to small business lending. It’s critical for community banks to have online loan applications, process automation staff skilled in digitization and more. Benefits of digital lending. Ensure a more consistent lending process.

Lending 91
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NY DFS announces multistate investigation of payroll advance industry

CFPB Monitor

In its press release, the DFS claims that the investigation will look into “allegations of unlawful online lending” and “will help determine whether these payroll advance practices are usurious and harming consumers.” Illinois Department of Financial Professional Regulation.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.

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Springboard to Excellence

Independent Banker

ICBA’s in-depth certification programs vault compliance officers to the highest standards. imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. By Ed Avis.

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2021’s Best Community Banks to Work For

Independent Banker

Within that tightly knit group, there’s the bank’s leadership team, comprising president and CEO Greg Dennis, chief lending officer Jon Girard, vice president of operations and compliance Kristine Hendrickson, and executive vice president and chief financial officer Michele Boeder. William Atkinson is a writer in Illinois.

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PYMNTS Payday Lending Primer

PYMNTS

Which brings us to payday lending and its proposed regulation – a subject that has turned out to be the Berserk Button for a shocking number of consumer right advocates, congressmen, regulators, Senators, preachers, industry representatives business people and consumers. So why all the fuss? The Typical Payday Lender.

Lending 100
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Major Medium of Exchange

Independent Banker

Debit and credit cards, direct deposits, paper checks, online and mobile bill payments and other technologies have changed the role of cash in our economy. We added mobile banking almost two years ago, and we’ve had online banking for five or 10 years, but not much has changed,” Hansen says. By Ed Avis. I have a pretty full plate.”.