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Banks Keep SMB Lending Gains Rolling

PYMNTS

Small businesses’ access to traditional loans continues to grow as loan applications at big banks reached new heights last month, the latest Biz2Credit data showed. In its monthly Small Business Lending Index, released Tuesday (Sept. 11), Biz2Credit found that big banks in August approved 26.5 percent from July.

Lending 102
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Which loan types are fueling bank growth?

Abrigo

commercial bank loan portfolios have continued to expand. Which areas of lending and what banks are driving the expansion? A recent issue of Banking Insights , published by the Federal Reserve Bank of St. commercial banks. ” In fact, C&I lending grew first following the recession.

St. Louis 150
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Bankers: Is your strategy the same as your competitor?

Jeff For Banks

(OTCQB: TBNC) "The Bank is a full-service commercial bank offering a broad range of commercial and consumer banking services to small- to medium-sized businesses, single-family residential and commercial contractors and consumers. The Company’s market consists of the communities served by its banking centers.

Strategy 101
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Dynamic Duo

Independent Banker

Sherrod Brown (D-Ohio), two lawmakers tapped to lead the Senate Banking Committee for their respective parties, are both independent-minded senators who hold positive views on several priority community banking issues. Richard Shelby (R-Ala.) So I would say he’s open to things we are concerned about.”.

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Flagstar's Profit Improves on Drop in Value of Legal Settlement Liability

American Banker

Flagstar Bancorp's quarterly profit increased after a decline in the value of a 2012 legal settlement liability tied to its mortgage lending practices.

Lending 28
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FI Highlight: First GREEN Bank

NCR

In recognition of the bank’s values-based business model dedicated to the wellbeing of its ecosystem, community, shareholders and employees, First Green Bank was granted membership to the Global Alliance for Banking on Values (GABV) in May of 2012, and it is a founding member of the North American Chapter of the GABV.

Florida 40
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37 Corporate Innovation Labs In Finance

CB Insights

Founded: 2012. Its also expanding its regional focus too, with a recent announcement that the labs will invest more into R&D in India. Notable projects: A blockchain mortgage lending application looks to harness the power of blockchain technology and apply it to the mortgage industry. Bank OZK — OZK Labs.