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Spotlight on lending: Preparing for Q3 bank reports

Abrigo

While Q3 reports will trickle in over the coming days to meet the end of October deadline, a crucial piece of the puzzle the financial community and economists will be looking at is loan growth rates. As American Banker reported last week, nearly a dozen regional banks saw scattered growth in their loan portfolios as part of the Q3 filings.

Lending 247
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Which loan types are fueling bank growth?

Abrigo

trillion at the end of the third quarter of 2011. Community banks (under $10 billion in assets) and regional banks (between $10 and $50 billion) represent 21 percent and nine percent, respectively. In fact, community banks accounted for 44 percent of all CRE lending, and 78 percent of all agricultural lending.

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A gift that will keep on giving

Independent Banker

But instead of touting its own accomplishments during its 150th anniversary, FNB turned the spotlight onto another cherished community institution: the Fort Smith Boys & Girls Club. The clubhouse at the Jeffrey location, a community gathering place since 1978, was in dire need of improvements. Putting community first.

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Chip-Enabled Merchants Reach 2.9M In U.S.

PYMNTS

payments industry to begin the shift to EMV chip cards in 2011,” the company wrote in a press release. The most recent transaction volume data indicates that we are moving toward EMV chip technology becoming the foundation for contact and contactless card-present payments worldwide,” said Jack Pan, EMVCo executive community chair.

Fraud 133
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Competition Heats Up Between Large FIs, Small Banks, Alt Lenders ? And SMBs Win

PYMNTS

Both represent post-recession highs for traditional bank lending to small businesses, the report found, noting that big bank approval rates in 2011 were just 8.9 percent increase in shares at mid-cap regional banks and a 12.1 percent, while community banks ‘ portfolios grew 14.7 percent in May, down from 40.2

Lending 112
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Mastercard Continues B2B Focus In Middle East

PYMNTS

This week, reports said the company is introducing another B2B tool in the region in partnership with Doha Bank. “Innovation plays a key role in driving inclusion in the market, and access to convenient solutions such as payroll cards will give more communities access to the formal financial sector.”

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CFPB announces senior leadership changes

CFPB Monitor

Laura Fiene will serve as West Regional Director. Fiene joined the CFPB in 2011. Hand joined the Bureau in 2012 and has 17 years of experience, having worked in consumer advocacy, community development, and on Capitol Hill. Delicia Reynolds Hand will serve as Deputy Associate Director for External Affairs.