Independent Banker

OCTOBER 31, 2021

The CARES Act extended the CECL implementation deadline for many larger community banks until the end of the COVID-19 pandemic. Community bankers tell us that while the extension is welcome, they’re already down the road to implementation. ICBA tells FASB CECL isn’t feasible for community banks. October 2013. April 2011.

Community Bank 91

Community Bank Community Software New York City 91

Abrigo

MAY 5, 2022

Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. Main Street Banking: A Podcast for Community Bankers 8. Breaking Banks Breaking Banks , billed as the #1 global fintech podcast and radio show, began in 2013 and is hosted by media firm Provoke.fm.

Community 195

Community Lending Maine Resources 195

Jeff For Banks

DECEMBER 7, 2016

On November 30th, American Banker named three Community Bankers of the Year. HOPE) Kevin's story isn't punctuated by his bank's total return since he became CEO in March 2013, although it did mirror the index. Financial performance is similar to when Kim assumed the reigns in March 2013. Not that they need my endorsement.

Community 60

Community Security Strategy Capital 60

Abrigo

OCTOBER 2, 2014

Following the recent financial crisis, the Basel Committee of Banking Supervision (BCBS) set out to “strengthen global capital and liquidity rules with the goal of promoting a more resilient banking sector.” The three pillars include maintaining minimum capital requirements, a supervisory review process and market discipline.

How To 236

How To Capital Community Bank Maine 236

Abrigo

FEBRUARY 16, 2016

According to the Urban Institute’s “ Nonprofit Sector in Brief 2015 ,” the number of nonprofits registered with the Internal Revenue Service increased by about 3,000 a year between 2003 and 2013. economy in 2013, or roughly 5 percent of GDP. economy in 2013, or roughly 5 percent of GDP. Revenues increased 3 percent to $2.26

Analysis 150

Analysis Lending Community Bank Community 150

PYMNTS

AUGUST 9, 2019

New York aviation startup Wheels Up has notched a $128 million Class D equity capital raise co-led by new investor Franklin Templeton, the company said in a press release on Friday (Aug. JetSmarter launched in 2013 with the aim of improving the outdated luxury private jet industry, said CEO and Founder Sergey Petrossov. billion. .

New York 139

New York Capital Operations Community 139

PYMNTS

JANUARY 28, 2020

“He was one of the greatest athletes of his generation and has had an immeasurable impact on the world of sports and the community of basketball. He launched the venture capital firm Bryant Stibel in 2013 with Web.com Founder Jeff Stibel. He was a beloved member of the Nike family. We will miss him greatly. Mamba forever.”

Los Angeles 130

Los Angeles Online Community Retail 130

CB Insights

AUGUST 1, 2017

This teardown features annotations & commentary by four Social Capital partners. Thanks to the Social Capital team for updating/confirming their portfolio data on the CB Insights Editor. Social Capital is a VC fund with a focus on healthcare and education. CB Insights Note. Investment syndicates. BEST OF DISRUPTION REPORT.

Capital 34

Capital Software Google Company 34

PYMNTS

APRIL 6, 2020

“This is also a recognition of the significant role that the Philippines financial technology industry can play in providing meaningful digital solutions to many of the crucial and very human challenges that the Philippines community faces today.”.

Payments 136

Payments Innovation Branding Fintech 136

PYMNTS

MAY 18, 2017

Appear Here’s Series B round was led by Octopus Ventures and saw participation from Simon Venture group as well as existing investors Balderton, MMC, Meyer Bergman and Playfair Capital. All told, the company has raised $21.4 million to date in three rounds of funding according to Crunchbase. The pop-up store is nothing new in concept.

New York City 100

New York City New York Retail Online 100

American Banker

MAY 6, 2020

Seneca-Cayuga Bancorp's capital levels have fallen steadily since peaking in 2013.

New York 41

New York Capital Community Bank Community 41

Jeff For Banks

APRIL 25, 2014

In 2013 there were 246 bank and thrift merger and acquisition deals announced, the highest number since 2007 when there were 318 deals. will provide greater capital resources and operational scale that will allow us to grow as part of a larger community bank." - Loralee Hutchinson, President of Alarion Financial Services, Inc.

Community 93

Community New York Indiana Connecticut 93

Abrigo

AUGUST 19, 2016

Being viewed positively by their communities and clients is nothing new for accountants. Over the years, accountants have been named as the most trusted business advisor in several industry surveys, including one in 2012 by Sage and another in 2013 by CCH. But are you capitalizing on your respected and trusted status?

How To 150

How To eBook Survey Industry 150

Independent Banker

AUGUST 31, 2021

This year’s winners: Left: Central Valley Community Bank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional Community Bank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional Community Bank Service Award. Instead, we give those dollars to the community.”. Asset size: $1.36

Community Bank 196

Community Bank Community National Fresno 196

Abrigo

OCTOBER 9, 2019

Charge offs were close to zero for most banks since 2013, according to call report data from S&P Market Intelligence. Stress testing gives an institution a serious look into their capital and reserves, and if they possess enough of each to remain viable, should a recession hit.

Data 150

Data Exercises Software Tools 150

PYMNTS

AUGUST 26, 2016

That couldn’t ring truer for the state’s capital, which many consider to have a tech scene bursting with potential and growth. Last year, 147 companies in Austin’s digital tech ecosystem raised more than $966 million in new capital, with more than $3.9 Austin’s startup community has seen a big transformation over the years.

Austin 100

Austin Fintech New York City Community 100

Abrigo

APRIL 1, 2015

While the larger banks are receiving the bulk of attention, boards at smaller, community banks are realizing that they’re not immune to this heightened attention. These smaller banks have also seen new, and more frequent, attention from regulators. One important consideration is the use of a formal risk appetite statement or document.

Risk Management 150

Risk Management Community Bank Regulation Boston 150

PYMNTS

MARCH 14, 2018

Bite is far from alone in its quest to capitalize on the demand for kiosks. And, between 2013 and 2016, the size of the U.S. At DaVincian Healthcare, for example, the company conducted a pilot with 100 community service centers in 2016. Overall, the kiosk market is booming and is projected to reach $1 billion by 2021.

Industry 120

Industry Examples Community Marketing 120

PYMNTS

FEBRUARY 6, 2018

And so with his friend, former Capital One executive and former South African Air Force member Mickey Konson, he founded StreetShares , Inc. “We Between its founding in 2013 and 2016, StreetShares had previously raised $8.3 We were a very boot-strappy start-up,” he recalled. What’s Next. million in three equity rounds.

Lending 119

Lending Virginia United States Capital 119

PYMNTS

OCTOBER 8, 2018

In 2006, he installed an inflatable version of a Guantanamo Bay prisoner near the Big Thunder Mountain Railroad ride in Disneyland, and in 2013 he set up a pop-up shop in New York and sold original canvases of his work for $60 apiece. They check everything,” he said. “I But it doesn’t feel authentic.”. million price tag.

Video 116

Video New York Capital United States 116

Independent Banker

SEPTEMBER 22, 2015

Community banks are vital providers of small-business credit because of their extensive local market knowledge and deep customer relationships. In Illinois, a loan participation plan by a community bank “insourced” jobs to the local area from overseas. Community banks are the most active participants in the SSBCI program.

Oregon 70

Oregon Illinois Community Bank Lending 70

Jack Henry

SEPTEMBER 19, 2014

At community financial institutions, the “80/20 Rule” is actually a “200/20 Rule.” At the opposite end of the spectrum, over 60 percent of community bank customers lose money for their institutions. For many (if not most) community financial institutions, the mark-ups on small versus large loans are disproportionate.

Strategy 112

Strategy Community Bank Community Capital 112

PYMNTS

APRIL 17, 2017

Solutions such as Square Capital, Caviar (the food ordering and delivery service it acquired) and Instant Deposit (which puts money into merchant accounts immediately) not only helps its existing SMB customers navigate the changing retail world in which they were operating but also recruits larger merchants to the portfolio. What’s Next.

Apple 110

Apple Capital Cards Payments 110

South State Correspondent

MARCH 23, 2022

Thus, where most banks would focus on a referral program, Nubank ranked the quality of the referee and allocated more capital into acquiring the customer they referred. They take the bank and focus on underserved communities by overserving them. However, the above is the same strategy they have had since their founding in 2013.

Branding 221

Branding social media Strategy Data 221

Jeff For Banks

DECEMBER 13, 2018

Total return includes two components: capital appreciation and dividends. This is clearly a turnaround situation, as the bank lost over $12 million in 2010, over 20% of its capital (ouch). is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon. Welcome to the list! #2. And to them I say.

Oregon 101

Oregon Ohio California Community Bank 101

PYMNTS

NOVEMBER 16, 2017

Membership could be obtained by spending five dollars on a share of capital stock. Mary’s has since occupied the same site, constructing a new building in 1970 and replacing that structure with its current headquarters in 2013. Mary’s is still available for the purchase of a $5 capital stock share. . Membership to St.

Millennials 101

Millennials US New Hampshire Resources 101

Jeff For Banks

DECEMBER 7, 2019

Total return includes two components: capital appreciation and dividends. I also filtered for anomalies such as recent merger announcements, turnaround situations (losses suffered from 2013 forward), mutual-to-stock conversions, stock dividends/splits without price adjustments, and penny stocks. First Capital, Inc.

Indiana 78

Indiana Oregon South Dakota Community Bank 78

CB Insights

SEPTEMBER 12, 2017

Both deals and funding to eSports startups have generally trended upward since 2013, though deals did see a small 1.2% Last quarter, Q2’17, eSports startups saw a quarterly deals record of 35 investments worth $873M in disclosed equity funding, the second-highest quarterly funding amount since 2013. dip (from 84 to 83 deals) in 2016.

Trends 40

Trends Phoenix Video Capital 40

Jeff For Banks

MAY 20, 2017

and New York Community Bancorp called off their planned merger. Construction concentration criteria : Loans for construction, land, and land development (CLD) represent 100% or more of a banking institution's total risk-based capital. The OCC did an excellent analysis of the impact of this guidance in 2013.

Lending 60

Lending Regulation Community Community Bank 60

Fintech Labs Insights

NOVEMBER 30, 2015

Lighter Capital made a two-fold funding announcement last week. Investors include: Voyager Capital. Summit Capital. Individual investors, including Lighter Capital’s Chairman, Jeff Seely. Lighter Capital plans to use the funds to advance its platform and double its 23-person team.

Capital 12

Capital Lending Seattle Community 12

Abrigo

MAY 14, 2015

But the review-based community extends far beyond ravioli and cannoli. According to Nielsen data from 2013, about 82 percent of users visit Yelp with the intent to make a purchase from a local business, and about 89 percent of those make said purchase within a week of their search. Word of mouth has moved online.

Online 150

Online social media San Francisco Taxes 150

PYMNTS

JULY 1, 2016

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Earlier this year, PYMNTS reported that Singapore’s mobile payments landscape has become a prime target for players looking to capitalize on the mobile penetration and adoption throughout the country.

National 133

National Training Bitcoin Samsung 133

PYMNTS

JANUARY 10, 2018

The company started in 2013 as a platform for users to list services — such as house cleaning or car washing — and eventually expanded to allow users to rent items they had around the house — like lawnmowers, power drills or steam vacuums. That’s the beauty of capitalism,” he said. “I Disbursing rental payments. You made $200.”.

Tools 139

Tools Community Trends Examples 139

South State Correspondent

APRIL 10, 2023

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). The risk here is that community banks continue to take on an above-average amount of CRE credit exposure. This article explores the risk and what to do about it.

Community Bank 195

Community Bank Community Los Angeles Regional 195

Jeff For Banks

DECEMBER 18, 2014

capital appreciation and dividends. For comparison purposes, here are last year''s top five , as measured as of December, 2013: #1. They are built as a relationship bank serving the Korean community in LA and surrounding areas. This, naturally, eliminated many of the smaller, illiquid FIs. BofI Holdings, Inc. #2. Well done! #3.

North Dakota 91

North Dakota Arizona Minnesota Los Angeles 91

Tech and Finance

DECEMBER 14, 2015

Pendo Systems (Pendo) was widely recognized by industry leaders and publications including ACQ5 Global Awards which named it Capital Markets Technology Provider of the Year and SWIFT’s InnoTribe Showcase, which awarded Pendo the title of Top Innovator. Yet now we have a bubble.

System 28

System Charlotte Capital Data 28

Gonzobanker

AUGUST 22, 2014

Between the end of 2010 and 2013, one new bank opened in the United States. . While we may see an uptick in the number of new bank charters from the near zero we have today, too many other industries with less regulation will attract capital. At the same time, the pace of new bank charters has dwindled to near non-existence.

Strategy 87

Strategy United States Community New York City 87