Jeff For Banks

JUNE 2, 2023

Between 1980 and 1995, more than 2,900 banks and thrifts with collective assets of more than $2.2 More recently and by comparison, the mortgage meltdown and subsequent global financial crisis took down more than 500 banks between 2007 and 2014, with total assets of nearly $959 billion. trillion failed. What caused it?

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FDIC Community Bank Regulation Lending 78

Jeff For Banks

NOVEMBER 7, 2015

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? Banker: Because that's not community banking. I've been in this business over 20 years and still don't know the definition of community banking. In other words, be a General Bank.

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Community Bank Community Baltimore Lending 60

Jeff For Banks

APRIL 25, 2014

In 2013 there were 246 bank and thrift merger and acquisition deals announced, the highest number since 2007 when there were 318 deals. This all comes with fewer banks than there were in 2007. of Ocala, Florida on the bank''s sale to Heritage Financial Group, Inc. What is driving deal volume? Our combination.

Community 92

Community New York Indiana Connecticut 92

Independent Banker

FEBRUARY 16, 2015

From opposite political directions, Senators Shelby and Brown stand on point to greatly influence community banking’s agenda in the next Congress. The mix of contrasts and similarities of Shelby’s and Brown’s perspectives and policymaking portend an active session for community banking’s agenda in the new 114th Congress.

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Community Bank Alabama Ohio Community 70

Jeff For Banks

FEBRUARY 27, 2016

See the table from SNL Securities regarding various features of online accounts from FinTech and banks alike. Why do FinTech firms rush to banks? Followed by regulation. Banks have or are well-schooled in all three. The bank has done well as a community bank. I have my opinions.

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Fintech Kansas Community Bank Capital 60

South State Correspondent

JUNE 13, 2022

Instantly, the cash flow for those businesses that many community banks lent to is impacted. That is a significant change in risk for a material part of a large community bank’s balance sheet. Unfortunately, it takes about 60 days to sell a portfolio of loans, even for the most experienced bank.

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Risk Management Examples social media Management 195

Jeff For Banks

APRIL 12, 2018

Mortgage bankers and brokers own a significant share of market (although less than prior to the 2007-08 financial crisis). Are you ready to be Web Bank , part deux? Most community financial institution strategies has some sort of “community” focus. It’s implied whenever someone says “we’re a community bank”.

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Lending Resources Community Metro 60

Jeff For Banks

JUNE 8, 2013

Louis Fed recently performed a study to uncover the characteristics of community banks that thrived during the financial crisis. Thriving banks were defined as under $10 billion in assets, and maintained a composite CAMELS 1 rating in each exam cycle from 2006-11, an impressive accomplishment. Include Clawbacks in Bonus Pools.

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St. Louis Lending Study Strategy 107

Jeff For Banks

DECEMBER 12, 2017

Their non-performing loans (NPL)/total loans ratio peaked at 12.54% in 2010, and between 2009-12, the Bank charged off over 11% of its loan portfolio. That got regulator's attention in the form of a May 2011 Consent Order (CO). In 2007, the Bank had $1.1 Over the next four years the Bank lost $58 million.

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Minnesota West Virginia Virginia Iowa 60

Gonzobanker

DECEMBER 17, 2021

Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. Eric has always been a student of innovation, and now at Coastal, this fearless leader has spearheaded a number of high-profile banking-as-a-service partnerships. Famous for turning around a bank to create the foundation for powerful U.S. 82% to over 2.3%

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Fintech Strategy Leadership Lending 142

Jeff For Banks

AUGUST 12, 2018

In my career, I’ve lived through many years of the Fed raising interest rates and it’s my experience that they usually tighten too much and keep rates high for too long, just like in 2001 and 2006-2007. As well as the economy has been doing from the momentum of tax cuts and reduced regulation, there are always looming issues.

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Marketing Philadelphia Omaha US 60

Jeff For Banks

JULY 8, 2017

I believe that we are in this era of weak growth, now eight years old, for the long haul unless changes are made to regulation and we stop adding debt at break-neck speed. million at the end of December, 2007, before the crisis hit in 2008. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

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Marketing Community Bank Security Data 60

Fintech Labs Insights

OCTOBER 6, 2015

Fidor Bank introduced community banking more than five years ago and were early enablers of Bitcoin and Ripple. Now we are the first bank to offer open RESTful APIs secured with OAuth2.0, Fidor Bank is a fully licensed online bank with both a user-oriented and tech-driven mindset.

Digital Banking 12

Digital Banking social media Software Community Bank 12

Gonzobanker

NOVEMBER 18, 2014

Vaynerchuk delivered our second favorite Gonzo quote of the event (keep reading for the first favorite), “The adage ‘We’re regulated’ is a scapegoat from doing cool s**t.” To Chicago’s Ristorante Volare, which greeted a few thirsty GonzoBanker readers with a champagne bucket full of Bud. Harry Caray himself would have been proud.

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Chicago Retail Branch Design Training 97