PYMNTS

MARCH 8, 2019

Alternative small business lending firm Funding Circle has announced plans to launch in Canada. ” In its announcement, Funding Circle highlighted data released by the Canadian government that found small and medium-sized businesses employ an estimated 90 percent of the nation’s private sector workforce.

Lending 149

Lending Operations National Strategy 149

Chris Skinner

MARCH 20, 2017

The article notes that the big American banks control 70% of all US assets, and that this figure has increased 40% since 2008. In the lead up to 2008, parallel to increasing debt levels, the size of banks rose sharply, especially relative to the size of certain economies.

System 236

System US Capital Lending 236

PYMNTS

MARCH 18, 2016

The alternative small business lending market took home the biggest slice of cake this week with about $33.5 That may not have been surprising this time last year, but today, considering talk of lackluster performance by these innovators — plus recent warnings over a total market collapse — that funding is pretty impressive.

Lending 100

Lending Capital Google Security 100

PYMNTS

MARCH 10, 2020

In markets like Southeast Asia, high rates of credit-invisible, underbanked small businesses make filling the small business credit gap an even more difficult challenge. Traditional banks will require credit histories and collateral to underwrite a small business loan, both of which many SMBs in Southeast Asian nations lack.

Data 193

Data Lending Capital social media 193

Abrigo

DECEMBER 14, 2014

Many would point to imprudent lending standards as a leading cause of the financial crisis of 2008, and in turn, financial institution regulators have since bolstered lending standards and capital thresholds as a preventive measure against a similar crisis. Blog Bank Credit Union'

Guidelines 223

Guidelines Payments Lending Capital 223

Jeff For Banks

NOVEMBER 24, 2019

The bank, First National Bank of Keystone, was $1.1 The government guarantee allowed for a secondary market in these loans. And so went the birth of First National Bank of Keystone's meteoric rise. Nationwide lending! Keystone expanded its lending to include high loan-to-value mortgages and home equity loans.

National 78

National West Virginia Virginia Pennsylvania 78

PYMNTS

AUGUST 18, 2016

While Asian Americans surveyed plan to retire more than a year earlier compared to the national average, 69 percent [of] respondents view themselves as not well-prepared to make financial decisions, and very few actually consult financial professionals,” Prudential said in the press release announcing the upcoming survey. households owed $12.25

Survey 100

Survey Trends Lending National 100

PYMNTS

SEPTEMBER 24, 2020

There is growing talk, too, of FIs pulling back from small business loans as they did in the wake of the 2008 financial crisis. As such, a regionally focused financial institution could be best-positioned to address those fluctuating market needs. Surviving Low Interest Rates.

Community 193

Community Community Bank Regional Lending 193

PYMNTS

JUNE 18, 2018

Biz2Credit’s latest Small Business Lending Index found that loan approval rates at alternative lenders stagnated – and at credit unions, they actually fell. Thirty-four years have passed since SMB optimism was this high , according to the National Federation of Independent Business (NFIB). SMBs since the 2008 financial recession.

Lending 112

Lending Community Bank Regional Community 112

Abrigo

AUGUST 5, 2020

Key Takeaways This recession is significantly different than the 2008 financial crisis, creating a unique credit environment for financial institutions. is officially in a recession, according to the National Bureau of Economic Research. The national effects remain opaque and will continue to change – do not get complacent.

Management 195

Management Risk Management Trends Industry 195

BankUnderground

APRIL 3, 2024

Net lending represents the overall surplus or deficit, and it is theoretically the same whether you look at it from the income or financial account viewpoint. Evolution of the net lending positions of households and corporates The pre-GFC era was a period of strong growth and low inflation , which coincided with a large expansion of credit.

Lending 67

Lending Analysis Policies Trends 67

CFPB Monitor

MARCH 30, 2020

This section further extends to the National Credit Union Administration (NCUA) the authority to increase to unlimited the share insurance coverage it provides on any noninterest-bearing transaction accounts to federally insured credit unions. Section 4010 – Temporary Hiring Flexibility.

Regulation 122

Regulation United States Community Bank National 122

PYMNTS

APRIL 10, 2017

Those two subsets of lending hit their own respective $1 trillion levels over the past few years. As quoted in the WSJ , Nobel Prize–winning economist Robert Schiller stated that “we don’t have the flexibility to do the kind of stimulus we did in 2008-’09. And we’ve raised the national debt to a much higher level.”.

Cards 120

Cards US Lending National 120

Jeff For Banks

OCTOBER 15, 2021

You've been conservative, preferring the stability and security of bank deposits versus the gyrations of the market. Then, boom, the 2008 financial crisis. Sure, your home value declined, but what does that mean to someone with little to no mortgage and isn't in the market to sell? If this were 2006, things would be good.

Taxes 78

Taxes FDIC Guidelines Policies 78

FICO

AUGUST 10, 2022

The removal of the mortgage market affordability test in the UK could pose challenges at a time when affordability is an important lending issue. Last year saw the highest level of mortgage lending the UK has seen since before the global financial crisis. Affordability Assessments and Unrestrained Lending. by Matt Cox.

Lending 52

Lending Fraud Meeting Data 52

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. The company takes a more narrow focus to small business lending than some other FIs by targeting the western U.S. A Regional Reach. Bystry said that, when it comes to the western U.S.,

Regulation 100

Regulation Lending Community California 100

Independent Banker

FEBRUARY 24, 2016

Greg Steverson (left) successfully manages a $100 million institutional investment portfolio for Ledyard National Bank in Norwich, Vt. It could arguably be deemed a feat of investing prowess and market prescience to not only manage well in this market, but thrive in it. Greg Steverson, Ledyard National Bank.

Community Bank 70

Community Bank Community Texas Management 70

Lex Sokolin

JANUARY 14, 2021

But regardless of all that, $1 trillion of value has indeed materialized and grown on blockchain-based financial networks since 2008. They have not been distributed by fiduciaries to the mass market. Selling a diversified, cheap asset allocation as your core investment is a stable market equilibrium. Here it is. It is logic.

America 52

America Wyoming National Capital 52

Lex Sokolin

JANUARY 14, 2021

But regardless of all that, $1 trillion of value has indeed materialized and grown on blockchain-based financial networks since 2008. They have not been distributed by fiduciaries to the mass market. Selling a diversified, cheap asset allocation as your core investment is a stable market equilibrium. Here it is. It is logic.

America 52

America Wyoming National Capital 52

South State Correspondent

APRIL 10, 2023

While the market focuses on deposits and liquidity, media pundits and analysts are waiting for credit problems to appear. CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). touched off a wave of bankruptcies.

Community Bank 195

Community Bank Community Los Angeles Regional 195

Jeff For Banks

DECEMBER 18, 2014

through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 14 locations. BNC suffered significant credit woes during 2008-09 which led to material losses in ''09-10, and the decline in their tangible book value to $5.09/share (OTCQX: BNCC) BNCCORP, Inc.,

North Dakota 91

North Dakota Arizona Minnesota Los Angeles 91

CFPB Monitor

JANUARY 12, 2021

The focus of consumer protection policy should be avoiding harms to consumers rather than attempting to specify how providers should design and market their products. The Bureau should reorganize its internal structure so that it is primarily organized around markets instead of tools (i.e. Bureau reorganization. Credit reporting.

Report 78

Report Regulation Policies Compliance 78

Lex Sokolin

DECEMBER 25, 2019

Ethereum’s decentralized lending and trading are floating around 2,500 daily users. The lending product above is a bit more complicated. Other things like Compound are essentially a securities lending marketplace?—?you Nothing like some good old financial engineering to lever up a small market!

blockchain 52

blockchain Bitcoin Software Lending 52

Jeff For Banks

DECEMBER 19, 2015

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. Between 2008-11, the bank lost over $200 million, and its equity base was cut in half. But I digress.

North Dakota 60

North Dakota Arizona Michigan Florida 60

Jeff For Banks

JANUARY 27, 2011

Most recently Valley National Bancorp''s highly respected CEO, Gerald Lipkin stated: "The positive [fourth quarter] results are attributable to management''s common sense and highly focused approach to traditional banking — gathering deposits and making relatively low-risk loans." ? They mostly meant sub-prime residential mortgage lending.

Community Bank 71

Community Bank Community Apple National 71

TrustBank

DECEMBER 8, 2022

By the 1990’s, improvements in technology and further changes to securities regulations made it easier for corporate customers to access financial markets directly. This forced banks to renew their focus on middle market commercial banking and consumers. It expanded by 262% from 1990-2004 and by over 369% through 2008.

US 52

US Policies Taxes Washington 52

CB Insights

DECEMBER 4, 2019

In parallel, Amazon has made several fintech investments, mostly focused on international markets (India and Mexico, among others) where partners can help serve Amazon’s core strategic goal. Market strategy outside the US. Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending.

Cards 101

Cards Lending Strategy US 101

Jessica Ellerm

FEBRUARY 25, 2016

Raging long before the calamitous events of 2008, western economies have, and still struggle to rebalance the scales of regulation verses free market thinking in ways that will promote sustainable growth verses debt gluttony. Yet since 2008, the debate has edged closer and closer to home.

Fintech 40

Fintech Lending US Policies 40

Banking 2020

NOVEMBER 17, 2014

That refers to the perfect storm that drenched the entire system faced in 2008, and the occasional downpours specific institutions have faced since then. Their argument will clearly be that such draconian measures will hamper lending, which is turn will have a crippling effect on the larger economy.

System 70

System Taxes Course Regulation 70

Independent Banker

JANUARY 31, 2022

“There’s really not a lot we can’t do,” says Travis Edlund, senior vice president and regional manager of the San Antonio market for Amarillo National Bank. Amarillo National Bank (ANB) in Amarillo, Texas, plans to open its first full-service retail branch in the home of the Alamo this year, but the $7.6-billion

Texas 182

Texas San Antonio Community Bank Community 182

FICO

NOVEMBER 22, 2018

Many lenders in markets outside the US use FICO® Scores to assess the risk of consumers applying for loan, but don’t continue to monitor those consumers’ risk using the FICO Score. The FICO® Score has been available in the Russian market through the National Bureau of Credit Histories (NBKI) since 2008.

Management 45

Management Analysis Strategy Trends 45

Independent Banker

JUNE 30, 2022

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.

Community Bank 172

Community Bank Community National Philadelphia 172

Banking 2020

NOVEMBER 17, 2014

That refers to the perfect storm that drenched the entire system faced in 2008, and the occasional downpours specific institutions have faced since then. Their argument will clearly be that such draconian measures will hamper lending, which is turn will have a crippling effect on the larger economy.

System 40

System Taxes Course Regulation 40

PYMNTS

JULY 10, 2018

’s Open Banking regulation made waves in the financial services market, and those effects have been felt far beyond the U.K.’s Six months after the legislation took effect, the market is finally beginning to iron out the kinks and stretch its muscles to explore how the legislation can be applied in various ways.

Fintech 106

Fintech Regulation Innovation Data 106

PYMNTS

AUGUST 29, 2018

Speaking during a bank conference covered by The Financial Times , Sewing was quoted as saying: “The emergence of true European champions hinges on a unified regulation in Europe, a single financial market.”. The executive noted that the pressure for banks to consolidate via mergers and acquisitions is only going to increase.

Conference 100

Conference Leadership Regulation National 100

Independent Banker

NOVEMBER 30, 2021

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. Garlich, vice president and director of marketing.

Community Bank 164

Community Bank Community Texas Leadership 164

CB Insights

DECEMBER 7, 2017

The impact of tech on the mortgage market is still in the early innings. Banks have receded from mortgage lending for a host of reasons, principally because the cost of complying with strict regulation from the Consumer Financial Protection Bureau on loan qualification and capital requirements has made the business more expensive.

Millennials 69

Millennials Lending United States Technology 69