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

Jeff For Banks

MAY 20, 2017

and New York Community Bancorp called off their planned merger. Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending.

Lending 60

Lending Regulation Community Community Bank 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

Independent Banker

SEPTEMBER 22, 2015

Treasury program that’s the well-kept secret in small-business lending. 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.

Oregon 70

Oregon Illinois Community Bank Lending 70

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

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 94

Community New York Indiana Connecticut 94

PYMNTS

APRIL 30, 2018

Marketplace lending. The blockchain can even end world poverty and transform society by making it safer for total strangers to lend each other money — without any third-party intermediary — and without any risk. Marketplace Lending. Blockchain. Digital banks. Blockchain. Take the blockchain.

Fintech 183

Fintech blockchain Lending Digital Banking 183

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. Portfolio Risk & CECL. Learn More. Credit Risk.

Data 150

Data Exercises Software Tools 150

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

South State Correspondent

MARCH 23, 2022

Nubank started with a credit card offering, followed by deposit accounts, then lending, and then payments, investing, and insurance. 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.

Branding 221

Branding social media Strategy Data 221

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

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

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

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

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Stripe’s early success in acquiring customers was largely due to its mass appeal to the developer community. Business lending and corporate cards.

Online 98

Online Company Retail Payments 98

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 92

North Dakota Arizona Minnesota Los Angeles 92

Fintech Labs Insights

APRIL 28, 2016

This week alternative lending company BlueVine received an undisclosed amount of funding from Citi Ventures, Citibank’s investing arm. ” This strategic partnership follows a recent trend of financial institutions experimenting with alternative lending partnerships.

Lending 12

Lending Operations Online Community 12

Gonzobanker

SEPTEMBER 10, 2019

For Kony clients, the Temenos deal eliminates the distraction that could have been associated with an IPO and provides a strong, well-capitalized parent. And, if we’ve seen anything over the years in mashups, it’s the cultural willingness to integrate that is more important than the technical ability to integrate.

United States 89

United States Texas Austin Kansas City 89

Fintech Labs Insights

MAY 17, 2017

The San Francisco-based company has built on its joint venture partnership with Beneficial State Bank to quadruple the availability of the L Card, a credit card for the underbanked community that is designed to help members establish their credit files and grow their scores.

San Francisco 16

San Francisco Cards Lending Community 16

South State Correspondent

MAY 1, 2024

With financial hardship, competition from dominant players, and a startup budget, Gentle Monster faced many of the same challenges as a community bank. How Banks Can Leverage: Niche markets abound in banking, and community banks are in the perfect position to create a following on a national level should they desire.

Innovation 195

Innovation social media Branding Marketing 195

Jeff For Banks

MARCH 29, 2014

It is annual report season, meaning publicly traded financial institutions are finalizing their 2013 numbers and submitting their 10k''s to the Securities and Exchange Commission (SEC). Lending services include commercial loans to small to medium-sized businesses and professional concerns as well as consumers.

Strategy 101

Strategy Texas San Antonio Fort Worth 101

Jeff For Banks

OCTOBER 19, 2012

If I said it once, I said it one thousand times: “My biggest fear is that the Fed is sowing the seeds of the next crisis with their flatter yield curve tricks, leaving many investors holding these low yielding long bonds when rates rise in future years, unable to get out without substantial capital losses.” So stay tuned! Thanks for reading.

National 81

National Security US Massachusetts 81

Tefkin

MAY 6, 2015

From a Venture Capital perspective it is an expensive proposition with an important part of capital required for regulatory requirement but taking a longer term view, these balance sheet companies may turn more attractive in a regularised rate environment. Oscar’s partnership with Misfit.

Industry 50

Industry Examples Google Big Data 50

Independent Banker

NOVEMBER 24, 2014

“I love being around people, and people are what community banking is all about.” Overcoming various long odds over the years, Shirley Nelson launched and then grew a thriving California community bank. Shirley Nelson has built a nearly 50-year career doing two things she loves—community banking and giving back to her community.

Oakland 98

Oakland Community Bank Community Industry 98

Fintech Labs Insights

JANUARY 8, 2017

The company announced last month that it has signed a memorandum of understanding with fellow Finovate/FinDEVr veteran Fidor Bank ( F11; FD16 ) that will make Token’s software available within Fidor AG’s digital banking and open community middleware technology, Fidor OS. ” InsurTech. ” InsurTech.

Fintech 12

Fintech blockchain Technology Lending 12

CB Insights

AUGUST 23, 2018

Today, JPMorgan (JPM) is using its capital and scale to build an entirely digital bank. The signup bonus has since been cut in half to 50,000 points, but it demonstrates the power of JPM’s capital — and the importance of the Chase Sapphire program. First Name. What is Chase Sapphire?

Cards 76

Cards Mobile Strategy Branding 76

Gonzobanker

DECEMBER 22, 2015

In the age of Twitter, Apple Pay and Lending Club, it’s important to remember the shareholder performance delivered by Gleason and team when compared to the behemoths. To those community bankers claiming their growing Compliance departments say no to everything. Community bank marketing resources. Bravo OZRK! C’mon Man!’

Community Bank 60

Community Bank Apple Community Technology 60

Jeff For Banks

APRIL 14, 2022

Guardians of Prosperity: Why America Needs Big Banks 2013 John F. Oil Capital: The History of American Oil, Wildcatters, Independents and Their Bankers 2016 Dwight L. Blinder Blinder, Alan S. Bonadio Bonadio, Felice A. Giannini: Banker of America 1994 Richard X. Bove Bove, Richard X. Bovenzi Bovenzi, John F. Brandeis Brandeis, Louis D.

America 78

America National Denver United States 78

CB Insights

NOVEMBER 9, 2017

In this review of failure, we’ve looked in our venture capital database to find the most well-funded startup companies that ultimately failed or had an undesirable exit, such as an asset sale or an acquisition for less than the total funding raised by the company. The 101 Biggest Product Failures Of All Time. Total Funding: Over $100M.

Capital 78

Capital Company San Francisco Operations 78

CB Insights

MAY 15, 2019

Founded: 2013. Capital One — Capital One Labs. Key people: James Patterson, Managing VP & Head of Capital One Labs at Capital One. Capital One Labs aims to streamline the product creation process, with a focus on consumer-first design. Visa — One Market Center. Founded: 2012. Founded: 2009.

Innovation 78

Innovation blockchain Technology Groups 78

CB Insights

OCTOBER 10, 2017

A host of startups have emerged to capitalize on this trend. For three of the tools we looked at — Mint, Level Money, and Check — we studied how their product evolved all the way up to their acquisition (by Intuit, Capital One, and Intuit, respectively). In aggregate, they command $1.3 trillion in annual spending.

Tools 78

Tools Millennials US Maine 78

Jeff For Banks

FEBRUARY 3, 2017

Bank lending has not been the catalyst it used to be for improved growth in this recovery compared to prior ones; maybe we can point at regulation after regulation being forced onto banks and higher, more restrictive capital requirements. If bank regulations are lifted, lending and thus growth can improve.

Marketing 60

Marketing Taxes Regulation US 60

CB Insights

OCTOBER 31, 2017

Fresco’s head of community marketing, Johnathan Hamiter, began sending employees private Slack messages saying funding seemed “pretty bleak” and encouraging them to look for other jobs. Most surprising was the sudden shutdown of Sprig, a startup in the beleaguered food-delivery space that first received funding in 2013. Around 4 p.m.,

Company 78

Company US San Francisco Capital 78

CB Insights

NOVEMBER 16, 2017

In venture capital, returns follow the power law — 80% of the wins come from 20% of the deals. Get the 65-page report on teardowns for Union Square Ventures, Andreessen Horowitz, Sequoia Capital, and more. JD.com took a huge risk by stepping into a major market and investor Capital Today made a $2.4B

Lending 78

Lending Capital Company Google 78

PYMNTS

JULY 18, 2016

Lending Club continued to prove there is almost always more to the story, American Express announced a surprise collaboration with Airbnb and PayPal pushed harder into B2B payments. Lending Club’s Latest Bad News. The last several weeks of news for Lending Club suggest that there’s a little of both to be had here.

Lending 100

Lending Payments Metro Cards 100