PYMNTS
JANUARY 29, 2020
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.” “We have seen small businesses destroyed by online lending.”
Jeff For Banks
SEPTEMBER 10, 2017
On a recent Pennsylvania Institute of CPA podcast , Bob Kafafian from my firm was asked how to use management information. Lending is a risk business, and aside from the provision expense, and net-charge off rate, those loans require equity to support them. I'm sure at one point of the word's evolution it wasn't this way.
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Jeff For Banks
NOVEMBER 24, 2019
billion in assets, had 87 full-time equivalent employees, and accounted for two-thirds of the town's tax revenue. The Bank's Rise McConnell came to the bank in 1977 from McKeesport, Pennsylvania. Nationwide lending! Keystone expanded its lending to include high loan-to-value mortgages and home equity loans.
Jeff For Banks
JUNE 30, 2017
Professor of city and regional planning at the University of Pennsylvania. For example, the securitizing of the residential lending business moved most of that business away from banks to mortgage bankers and brokers, that far and away were the culprits behind preying on the underbanked. They pay no Federal income taxes.
Jeff For Banks
MARCH 13, 2010
Franklin Financial Services Corporation, parent company for F&M Trust Bank in Chambersburg, Pennsylvania, invests in the Franklin Future Fund, a non-bank investment company that makes venture capital investments in the Cumberland, Franklin, Fulton, and Southern Huntingdon counties. Has social responsibility worked for them?
Jeff For Banks
MARCH 13, 2010
Franklin Financial Services Corporation, parent company for F&M Trust Bank in Chambersburg, Pennsylvania, invests in the Franklin Future Fund, a non-bank investment company that makes venture capital investments in the Cumberland, Franklin, Fulton, and Southern Huntingdon counties. Has social responsibility worked for them?
PYMNTS
OCTOBER 22, 2018
22) that it will buy Pennsylvania-based JetPay , “a provider of end-to-end payment processing and human capital management solutions,” according to a statement. JetPay ’s services include card acceptance, processing, payroll, payroll tax filing, human capital management services and other financial transactions.
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