Remove 2012 Remove FDIC Remove Management Remove Technology
article thumbnail

The Current State of Ag Lending: Challenges for Borrowers, Lenders, and How to Overcome Them

Abrigo

Key Takeaways The FDIC issued an advisory to FIs encouraging safe and sound lending practices in today's ag lending environment. Technology has been a key resource for both ag borrowers and ag lenders seeking efficiency, growth, and profitability. Leverage technology to mitigate risk and gain efficiency. Learn More.

Lending 195
article thumbnail

Reports of Small Business Lending’s Death are Greatly Exaggerated

Celent Banking

In the US, small business customers get bounced around like Goldilocks—they are too small to be of interest to commercial relationship managers and too complex to be easily understood by retail branch staff. Let’s take a look at data compiled by the FDIC starting in 2010. After all, in the United States small businesses comprise 99.7%

Report 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Five Challenges to Your Bank of the Future and Ideas to Overcome Them

Jeff For Banks

I recently spoke at a Financial Managers' Society (FMS) breakfast meeting on this subject and thought I would share my comments with you. I recently mentioned to a community bank management team that community financial institutions are slower to close branches because their decision making goes beyond the spreadsheet and market potential.

article thumbnail

LendingClub Settles With SEC, DOJ

PYMNTS

By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. As technology continues to provide more creative means for financial transactions, so, too, must financial technology companies be careful to abide by the rules that ensure stability and fairness in these emerging markets.”

Lending 135
article thumbnail

Seeking Banking Balance Between Physical And Digital

PYMNTS

Chase, Wells Fargo, Bank of America and Citi, to name a few, all scaled back their physical bank branch locations between 2012 and 2016, according to the Federal Deposit Insurance Corporation (FDIC). A separate survey from management consulting firm Bain & Co. Staying on Top of Customer Expectations.

article thumbnail

What’s in it for Me? Real Estate Investment Technology

Fintech Labs Insights

Today we’re taking a closer look at one of those categories, real estate investment technology, and 14 startups in that sector. Investor funds are held in an Investors Trust Account with City National Bank and in the event of default, the funds are FDIC insured up to $250,000. CK Mack ( FF 2012 demo ). CrediFi.

article thumbnail

Bankers: Is your strategy the same as your competitor?

Jeff For Banks

The Bank also offers wealth management and trust services. Since the fourth quarter, 2012, we have expanded to serve the small business community by offering loans guaranteed by the Small Business Administration as well as the U.S. Department of Agriculture. We anticipate that these loans will also be originated nationwide.

Strategy 100