Abrigo

FEBRUARY 2, 2015

For most consumers who have a checking account, savings account and maybe a mortgage, the regulations placed on their community bank isn’t given a second thought. Two recent surveys addressing the community banking landscape have pointed to increasing regulations as the primary cause of stress for these institutions.

Community Bank 150

Community Bank Community Regulation Survey 150

Abrigo

OCTOBER 1, 2014

Today’s youth and others across all age groups are placing a significant importance on consuming local food, developing local relationships and improving local communities. This is great news for community banks. A recent American Banker article discussed why the local food movement is good for community banking.

Community Bank 170

Community Bank Community Capital Lending 170

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

Independent Banker

JANUARY 31, 2022

Southern Bancorp partners with other community banks to increase loan accessibility and financial literacy to low-income customers. As CEO of Southern Bancorp, Darrin Williams wants to promote relationships between community banks and CDFIs to create more prosperous communities. Better serving its communities.

Community Bank 172

Community Bank Community Leadership Arkansas 172

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

PYMNTS

JULY 1, 2016

bank branch closures has forced financial institutions in the market to halve their small business lending operations over the last three years, according to reports. Move Your Money found that local small business lending was reduced by up to 63 percent in some towns affected by a branch closure. The spread of U.K. “The U.K.’s

Data 101

Data Lending Community Analysis 101

PYMNTS

FEBRUARY 6, 2018

That rate, he noted, is based on more than mutual soldier loyalty, as StreetShares has other lending requirements. Between its founding in 2013 and 2016, StreetShares had previously raised $8.3 How low, we don’t know: Rockefeller declined to disclose, beyond noting that it is well below industry standard. What’s Next.

Lending 119

Lending Virginia United States Capital 119

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

NOVEMBER 11, 2019

Community financial institutions are familiar with utilizing their asset/liability management solutions to limit the risk of rising interest rates. FDIC FIL-46-2013 October 8, 2013. However, back when the FDIC sent that 2013 letter mentioned above to financial institutions, the effective federal funds rate was 0.09%.

Management 150

Management FDIC Community Risk Management 150

Abrigo

FEBRUARY 17, 2015

Which areas of lending and what banks are driving the expansion? Community banks (under $10 billion in assets) and regional banks (between $10 and $50 billion) represent 21 percent and nine percent, respectively. Agricultural lending represents two percent, and all other loan types represent the remaining 12 percent.

St. Louis 150

St. Louis Lending Community Bank Regional 150

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

CFPB Monitor

SEPTEMBER 11, 2020

On September 4, 2020, the Department of Housing and Urban Development (“HUD”) issued a final rule revising its 2013 Fair Housing Act (“FHA”) disparate impact standards (“2013 Rule”) to reflect the U.S. Supreme Court’s 2015 decision in Texas Department of Housing and Community Affairs v. Inclusive Communities Project, Inc.,

Community 78

Community Policies Examples Groups 78

CFPB Monitor

JANUARY 30, 2020

Before joining the Bureau, she served as Director of Procurement Services for the Corporation for National and Community Service. Ward will serve as Assistant Director of Enforcement in the Supervision, Enforcement & Fair Lending Division. Department of Justice. David Wernecke will serve as Chief Experience Officer.

Regulation 78

Regulation Policies Lending Community 78

CFPB Monitor

OCTOBER 27, 2020

On October 25, a Massachusetts federal district court entered a preliminary injunction staying and postponing the effective date of the final rule issued by HUD last month (“2020 Rule”) revising its 2013 Fair Housing Act disparate impact standards (“2013 Rule”). In Inclusive Communities , the U.

Massachusetts 78

Massachusetts Policies Community Connecticut 78

PYMNTS

MARCH 15, 2019

The move, which is seen as a setback for Maduro ’s government, makes the IADB the first financial lender to recognize Guaido, and would allow for the freeing up of development lending if and when Maduro leaves. Maduro took over as president of Venezuela in 2013 and was re-elected in 2018 in an election that is widely viewed as fraudulent.

America 108

America Lending Community Meeting 108

PYMNTS

NOVEMBER 15, 2017

Department of Treasury, Wells Fargo failed to do so — or to do it in a timely manner — on 50 or more occasions between March 2012 and June 2013. . Wells Fargo revealed earlier in November that it is facing lawsuits over scandals in its auto lending and mortgage units. According to a MarketWatch report published Tuesday (Nov.

Report 155

Report Policies Training Fraud 155

CFPB Monitor

APRIL 14, 2016

The announcement included the news that the CFPB has filled the position of Assistant Director for the Office of Small Business Lending Markets. The leadership additions announced by the CFPB were the following: Grady Hedgespeth will serve as the Assistant Director for the Office of Small Business Lending Markets.

Leadership 60

Leadership Lending Marketing Regional 60

Independent Banker

MARCH 15, 2015

The ICBA and community bank campaign to improve those rules has included a comprehensive study on their impact that was released before the CFPB announcement of its proposed changes, which are expected to be formally adopted. Of course, this community bank victory is not the result of just one survey. By Elizabeth Eurgubian.

Washington 70

Washington Community Bank Community Survey 70

Independent Banker

FEBRUARY 24, 2015

The ICBA and community bank campaign to improve those rules has included a comprehensive study on their impact that was released before the CFPB announcement of its proposed changes, which are expected to be formally adopted. Of course, this community bank victory is not the result of just one survey. By Elizabeth Eurgubian.

Washington 70

Washington Community Bank Community Survey 70

CFPB Monitor

SEPTEMBER 13, 2018

57, disapproving of the CFPB’s Bulletin 2013-2 regarding “Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act.” As the Supreme Court aptly recognized in Inclusive Communities , limitations on disparate impact liability are necessary to protect potential defendants from abusive disparate impact claims.

Rhode Island 60

Rhode Island District of Columbia North Carolina Vermont 60

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

Independent Banker

MAY 24, 2016

However, the farm community already is being forced to defend even this scaled-back safety net. million farms and the community banks that lend to them each growing season, Scanlan points out. million farms and the community banks that lend to them each growing season, Scanlan points out. Ongoing concerns.

Community Bank 70

Community Bank Kansas City Community Iowa 70

CFPB Monitor

AUGUST 19, 2019

Originally adopted in 2013, the rule sets forth the requirements for HUD or a private plaintiff to establish liability under the Fair Housing Act for discriminatory practices based on disparate impact even if there is no discriminatory intent. HUD’s proposed revisions to its disparate impact rule were published in today’s Federal Register.

Policies 68

Policies Texas Community Groups 68

Independent Banker

OCTOBER 14, 2014

Robust online mortgage websites embrace today’s lending challenges as well as consumer needs. When Community Bank of Bergen County unveiled its online mortgage hub this summer, the bank put “ease of use” at the top of its goals for the site, says President and CEO Peter Michelotti. “I Evans between July 2013 and July 2014.

Community Bank 70

Community Bank Lending Community Oklahoma City 70

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 102

Strategy Texas San Antonio Fort Worth 102

Abrigo

OCTOBER 2, 2014

• Leverage ratio – Includes off-balance sheet exposures and will serve as a “backstop to the risk-based capital requirement,” but could lead to reduced lending. minimum common equity capital ratio, took effect on January 1, 2013. Some requirements, like a 4.5% minimum tier 1 capital ratio and a 3.5%

How To 236

How To Capital Community Bank Maine 236

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

Jeff For Banks

DECEMBER 15, 2013

During the second quarter 2013, bank branches generated a relatively low 2.04% total revenue as a percent of average deposits. If you are consolidating a branch into another in the next town over, select your best people to run the consolidated branch, ideally with residents from each community. Lend, lend, lend! -

How To 91

How To Community New Jersey social media 91

Jeff For Banks

MAY 9, 2019

And easier is what me and my colleagues hunt for when we do process improvement projects at community financial institutions. The ability to deliver community banking services in the manner desired by your customers. In 2013, when the median branch deposit size in our profitability outsourcing service peer group was $47.9

Survey 60

Survey Community Community Bank Resources 60

CFPB Monitor

OCTOBER 30, 2018

In June 2018, HUD issued an advance notice of proposed rulemaking (ANPR) seeking comment on whether its 2013 Fair Housing Act disparate impact rule (Rule) should be revised in light of the U.S. Supreme Court’s 2015 Inclusive Communities decision. Comments on the ANPR were due by August 20, 2018. federal district court.

Community 68

Community Groups Compliance National 68

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 95

Community New York Indiana Connecticut 95

CFPB Monitor

AUGUST 30, 2018

Department of Housing and Urban Development (HUD) to make significant changes to its 2013 Disparate Impact Rule (Rule) in light of the 2015 U.S. Supreme Court ruling in Texas Department of Housing and Community Affairs v. Inclusive Communities Project, Inc. The ANPR’s comment period ended on August 20.

Groups 68

Groups Rhode Island District of Columbia North Carolina 68

PYMNTS

APRIL 7, 2016

In his annual letter to shareholders, Dimon went on, at some length, to say that the “mission-critical” services that big banks can supply are the types of things “regional and community banks simply cannot do.”. “In The concept of breaking up the bank was shot down both in 2013 and 2015.

Washington 100

Washington Regulation Leadership Community Bank 100

PYMNTS

JUNE 17, 2016

A few days later, one of the founding fathers of FinTech, Renaud Laplanche , was forced out of Lending Club, the peer-to-peer lender he founded in 2006, following scandals over loan disclosures and conflicts of interest. The really interesting, though less juicy, story is what got Lending Club into trouble.

Bitcoin 100

Bitcoin Lending blockchain Fintech 100

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. 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

CFPB Monitor

APRIL 28, 2016

Supreme Court decision last June in Texas Department of Housing and Community Affairs v. The Inclusive Communities Project, Inc. Department of Housing and Urban Development in June 2013. Circuit, at the request of HUD, agreed to hold the case in abeyance pending the Supreme Court decision in Inclusive Communities.

Industry 60

Industry Groups Community Texas 60

PYMNTS

NOVEMBER 16, 2017

Mary’s has since occupied the same site, constructing a new building in 1970 and replacing that structure with its current headquarters in 2013. Economic troubles also hit the Manchester community in the late 20th century, as several local banks closed during the recession of the early 1990s. PYMNTS recently spoke with St.

Millennials 101

Millennials US New Hampshire Resources 101