PYMNTS

JUNE 18, 2018

SMBs since the 2008 financial recession. percent increase in shares at mid-cap regional banks and a 12.1 percent share increase for community banks, suggest that large FIs are losing out to smaller competitors, per CNBC reports last week. percent, while community banks ‘ portfolios grew 14.7 percent a month prior.

Lending 112

Lending Community Bank Regional Community 112

American Banker

JUNE 1, 2016

Community banks are doing very well, thank you very much, Mr. Dimon. But it's not necessarily a return to the salad days of pre-2008. The Wall Street Journal's ongoing series on the banking industry looks at the state of community banking, and pronounces the sector healthy, but facing serious issues. … Return to Form?:

Community Bank 28

Community Bank Community Industry Regional 28

Abrigo

MARCH 20, 2015

For the largest of American financial institutions – those that much of the public banks with for checking, mortgages and auto loans – stress testing regulations have been passed and executed to avoid a repeat of 2008. The list highlights the top 20 banks within each region of the U.S. with the lowest Texas Ratios.

Texas 150

Texas Regional California Community Bank 150

Abrigo

DECEMBER 19, 2019

In 2008, there were 7,061 FDIC-insured commercial banks in the U.S. For many community and regional banks looking to compete with larger financial institutions and grow their bank, the answer has been mergers and acquisitions. In 2018, the number of banks declined by almost a third to 4,708 institutions.

Lending 195

Lending Fraud Community FDIC 195

PYMNTS

MARCH 25, 2020

The Federal Reserve is looking toward a time-worn source to help with bailing out many smaller businesses and individuals as they enlist smaller regional and local banks for the job. One such bank is New Jersey-based OceansFirst, with its 118-year-old history and assets numbering $10.2 billion in the small town of Toms River.

Kansas City 115

Kansas City Wyoming New Jersey Kansas 115

PYMNTS

SEPTEMBER 2, 2016

Facebook Chief Executive Mark Zuckerberg applauded the entrepreneurial spirit in Africa in his first visit to sub-Saharan Africa, saying the future will be built in the region. It’s inspiring to see how engineers here are using mobile money to build businesses and help their community,” Zuckerberg said, according to a report by Forbes.

social media 113

social media Mobile Regional System 113

PYMNTS

AUGUST 25, 2016

Though small businesses have suffered from a gap in financing availability post-2008, the demographic continues to shape the financial markets. One of these lenders, Clearinghouse Community Development Financial Institution , better known as Clearinghouse CDFI, offers an interesting view into the state of SME finance. A Regional Reach.

Regulation 100

Regulation Lending Community California 100

PYMNTS

MARCH 15, 2018

The bill provides regulatory relief for small, regional banks that have been struggling under the new rules and raises the amount before a lender is deemed too big to fail. lost their jobs, homes and retirement savings in the 2008 Great Recession. Moderate Democrats supported the bill, noted the report.

Idaho 133

Idaho Regulation Massachusetts Washington 133

PYMNTS

JULY 18, 2018

A volcanic eruption on the archipelago’s Big Island in early May sent lava flowing down from Mount Kilauea into nearby communities, causing severe damage to homes and properties and forcing nearly 2,000 residents to evacuate the area. Kilauea’s eruption has damaged more than just homes in the region, though. Popping up to Help Members.

Hawaii 101

Hawaii Community Regional Resources 101

PYMNTS

FEBRUARY 13, 2017

Things went off the rails, not surprisingly, in 2008 — courtesy of the financial crisis. More businesses opened than closed — until 2008. In the aftermath of 2008, only 20 counties — most of them rimming major cities and tech hubs — drove 50 percent of small business formation. The mix of these businesses is also very different.

Retail 134

Retail Innovation Maine Community 134

Gonzobanker

DECEMBER 19, 2022

2008 called and wants its headlines back. Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. All of this while knocking out a stellar 1.35% ROA and leading industry, community, and philanthropic efforts everywhere. Goes to Sen.

Community 216

Community Fintech Industry Innovation 216

Jeff For Banks

FEBRUARY 26, 2023

Suncrest started in 2008 with a $19 million capital raise, and did three small follow-ons of $5, $8, and $7 million to support growth. for $234 million for 162% of tangible book when regional targets were selling for 146% of tangible book. They'll be asked in the community about the bank and its prospects. and global companies.

Conference 78

Conference CA Arizona Case Study 78

PYMNTS

MAY 29, 2020

Open banking and application programming interfaces (APIs) are an important priority for the European Union, with the revised Payment Services Directive (PSD2) requiring the initiatives for the banks in the region. How Faster Disbursements Can Help Solve Patients’ Payment Pain Points. How To Make It Safe To Fly The Friendly Skies Again.

Maine 130

Maine ATM Innovation Millennials 130

Jeff For Banks

DECEMBER 12, 2016

It is a turnaround story because the bank was hammered with credit problems between 2008-11, when it lost over $200 million. through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 16 locations. It's size today, at $2.5 Today that number is 3.6%.

North Dakota 60

North Dakota Minnesota West Virginia Arizona 60

Jeff For Banks

DECEMBER 12, 2017

It is a turnaround story because the bank was hammered with credit problems between 2008-11, when it lost over $200 million. In 2008, the Bank had $216 million of Construction & Land Development (CLD) loans, 12% of them were either past due or on non-accrual. Its size today, at $2.8 Today that number is 2.6%. Then, kaboom!

Minnesota 60

Minnesota West Virginia Virginia Iowa 60

Independent Banker

NOVEMBER 25, 2015

Even with technology’s increasing influence on retail banking, it’s not typical for a community bank to have one of its most senior and trusted executives concentrate primarily on leading consumer product and payments innovation. billion-asset, 85-branch community bank based in Rockland, Mass., Photo by Ken Richardson. is not typical.

Innovation 70

Innovation Community Bank social media Community 70

Jeff For Banks

MARCH 21, 2024

ISMs and regional Fed surveys have been mostly negative for months on end. It sounds like 2007 all over again, when people got tired of looking at LEI and then in 2008, all hell broke loose. Dorothy recently retired from Penn Community Bank where she worked since 2004. GDP shows up as weak every other quarter. Oh, brother!

Marketing 145

Marketing Policies Report Atlanta 145

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. By Ed Avis.

Community Bank 70

Community Bank Alabama Ohio Community 70

Jeff For Banks

NOVEMBER 16, 2020

Our regional economy, covered by the Philadelphia Federal Reserve’s Third District, is doing well into the fourth quarter. Remember, it took the Fed seven years to raise rates from the zero bound after the Great Recession of 2008. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. respectively.

Marketing 78

Marketing National New York City Taxes 78

Gonzobanker

FEBRUARY 16, 2016

In the early days of debit cards these networks were considered regional, and FIs with locations in various geographic areas typically belonged to many different networks in an effort to give their cardholders greater reach of coverage at the ATM. Accel, Jeanie, NYCE, Pulse, Shazam, Star). household has 2.9

Management 60

Management Payments Cards Regional 60

PYMNTS

MARCH 12, 2016

This week opened with Hector Barreto — the current Chair of the Latino Coalition and a former SBA Administrator from 2001-2008 – wondering what on Earth had happened to the economic message during this particular election season. million businesses that line the main streets and side streets of the local communities across the U.S.

Taxes 50

Taxes South Carolina New Hampshire Maine 50

ZootBlog

NOVEMBER 4, 2016

Ever since the financial crisis in 2008, the topic of banking is most always at the forefront of political conversations – and the presidential election is no exception. Voting changes communities. There are many ways a new president can affect the banking sector but there are two biggies. But one thing is for sure.

New Hampshire 60

New Hampshire US DC Iowa 60

CB Insights

FEBRUARY 13, 2020

Stripe’s early success in acquiring customers was largely due to its mass appeal to the developer community. Early customer acquisition came in large part from the buy-in of online developer communities like Github and Stack Exchange. This is particularly useful for businesses operating in regions outside of the US.

Online 98

Online Company Retail Payments 98

Fintech Labs Insights

APRIL 6, 2016

Zopa – FinovateSpring 2008. ’s broader access to funding, as well as the region’s local talent, and “favourable regulatory environment.” ” Lake and Cotter also praised other emerging European fintech communities in Amsterdam, Berlin, and Stockholm. Currency Cloud – FinovateSpring 2015.

San Francisco 12

San Francisco Fintech blockchain Regional 12

CB Insights

AUGUST 22, 2018

Microsoft introduced the Windows Azure platform in February 2010, while Google released a number of products starting in 2008 before releasing Google Compute Engine — Google Cloud’s core component — in late 2013. While Azure doesn’t necessarily have the most data centers, it has a presence in more regions than AWS or GCP.

Google 60

Google Strategy Tools Resources 60

CB Insights

SEPTEMBER 26, 2018

Founded: 2008. Notable projects: The Mayo Clinic OB Nest explores ways for women with low-risk pregnancies to reduce the number of their in-person doctor visits through a combination of dedicated nurses, a special online community, and in-home monitoring. McKesson and the Mayo Clinic — Center for Innovation (CFI).

Innovation 73

Innovation Cleveland New York New York City 73

CB Insights

NOVEMBER 16, 2017

By 2008, The Point was struggling. Over the course of 6 years, from 2008 to 2014, Alibaba built a relationship with UCWeb by strategically investing hundreds of millions of dollars and ultimately accumulating a 66% stake in the company. In 2008, Jack Ma and Yu Yongfu met for the first time.

Lending 78

Lending Capital Company Google 78

CB Insights

OCTOBER 31, 2017

more than we, Kamil Kurmakaev and I, spent since the company’s inception in 2008 till August 2014. Fresco’s head of community marketing, Johnathan Hamiter, began sending employees private Slack messages saying funding seemed “pretty bleak” and encouraging them to look for other jobs. They have spent (in rubles) twice (!) Around 4 p.m.,

Company 78

Company US San Francisco Capital 78

CB Insights

OCTOBER 26, 2020

Dream Exchange, which describes itself as the first minority-owned exchange in the world, intends to launch in 2021 and aims to create a more inclusive trading environment for smaller companies and empower minority communities. INITIAL COIN OFFERINGS. During the same time period, a new generation of asset management firms was ascendant.

Management 78

Management Capital Company Marketing 78