Abrigo

MAY 5, 2022

or largely focused on the domestic banking market. If you have an interesting podcast to share, please send it to marketing@abrigo.com. 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. Check them all out in our Knowledge Center.

Community 195

Community Lending Maine Resources 195

PYMNTS

MARCH 18, 2019

According to the Federal Deposit Insurance Corporation (FDIC), the percentage of unbanked Americans fell to its lowest level since the 2007-2009 financial crisis. The bank stopped offering the banking account to new customers in 2013, but maintained it for those who already had it. In 2017, 6.5 percent of 129.3 million U.S.

America 175

America Survey FDIC System 175

Jeff For Banks

AUGUST 2, 2021

1/ @Schornack At the end of July 2013, we invested $1.8MM to buy 49% of Flagship Financial Group, Inc. 2/ @Schornack The primary asset of the organization was Flagship Bank Minnesota, a Member FDIC and Equal Housing Lender with two locations in the Twin Cities Metro Area. Jackie Herman, our COO 2013. million in assets and $233.7

Community Bank 78

Community Bank Community Minnesota Metro 78

Celent Banking

JUNE 22, 2017

A more surgical analysis considering market-specific shopping trends tells a different story – and justifies the build. Celent published a report on the topic in 2013 that predicted a steep decline in branch density – something that is now underway. Source: FDIC, Celent analysis.

Study 125

Study Community Bank Trends Analysis 125

CFPB Monitor

DECEMBER 6, 2021

Two earlier reports were issued in June 2013 and July 2014 , also under former Director Cordray. Years ago, the FDIC and OCC made it impracticable for banks to offer deposit advances, a development we roundly criticized, but the OCC, at least, subsequently realized that deposit advances can actually serve consumer needs.

Regulation 78

Regulation Policies FDIC Leadership 78

CFPB Monitor

JULY 7, 2022

The white paper concludes as follows: The CFPB’s action has tremendous implications for consumers, banks, and for financial markets at large. A member of Congress can request a GAO opinion on whether the CFPB’s actions are a rule, which can trigger CRA review.

Groups 145

Groups West Virginia Policies Virginia 145

PYMNTS

JULY 15, 2016

When Amazon, the largest retailer by market cap, says that it had its best day ever , it’s hard not to call that a sizzle – and then some. Even Amazon competitors like Macys, Target and even Best Buy reported that their sales rose that day by 13 percent or more – as they rode the Prime Day draft and put their own offers in market.

Retail 100

Retail FDIC Bitcoin Lending 100

Abrigo

AUGUST 8, 2021

This article is substantially updated from a 2013 blog post. Financial institutions with strong, independent loan review and, more broadly, credit risk review, can react more quickly to changes in the market, according to Ancin Cooley , principal of Synergy Bank Consulting and Synergy Credit Union Consulting.

System 195

System Lending Policies Regulation 195

Fintech Labs Insights

NOVEMBER 10, 2023

The legacy players held their market share by providing digital services deemed “good enough” to retain customers loath to switch banks. 197,000 $1,700 2 Robinhood 6080 2013 SF 17,190,000 $6,200 3 SoFi 4017 2011 SF 13,080,000 4.6 124 $66 27 Axos 220 2013 1,110,000 $0 28 Majority 126 2019 Stockholm 168,000 4.6

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

Jeff For Banks

MAY 20, 2017

To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. They need a marketing person to title their reports. The OCC did an excellent analysis of the impact of this guidance in 2013. What is the trend in your market?

Lending 60

Lending Regulation Community Community Bank 60

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding. Attorney Alex Tse. “We The Response.

Lending 135

Lending Fraud Management San Francisco 135

Jeff For Banks

FEBRUARY 3, 2018

In 2013, there were 6,812 FDIC-insured financial institutions. Source for all charts: S&P Global Market Intelligence. Where are we and where have we been? Trends are telling. At September 30, 2017 there were 5,737, a 16% decline. There were 166 mergers, and four new charters in the first three quarters of 2017.

Taxes 60

Taxes Regional Industry Trends 60

Jeff For Banks

AUGUST 22, 2014

At the end of 2013, US registered investment companies managed $17.1 trillion in assets , while bank assets in all FDIC insured financial institutions was $14.7 Pluck them from your ranks of junior professionals such as branch managers, credit analysts, marketing analysts, and perhaps, directly out of college.

Retail 86

Retail Tools Management Taxes 86

Fintech Labs Insights

JULY 19, 2016

Calling the technology a “one-of-a-kind front-end system,” VP of Marketing and Sales for Laser App Robert Powell said the partnership was a “great opportunity for us to learn from leading innovators.” Founded in 2013 and headquartered in New York, MaxMyInterest demonstrated its technology at FinovateFall 2014.

FDIC 12

FDIC New York System Software 12

Gonzobanker

AUGUST 22, 2014

Between the end of 2010 and 2013, one new bank opened in the United States. . Mid-size banks are in the proverbial catbird seat – they can offer most of the products and sophistication of the top national banks combined with the service culture, community involvement, and local market knowledge of a smaller community bank.

Strategy 87

Strategy United States Community New York City 87

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). We believe we can effectively compete as a community bank in our market area and the niche markets we serve.

Strategy 101

Strategy Texas San Antonio Fort Worth 101

Independent Banker

MARCH 15, 2015

Jack Hartings and Mindy Kremer, marketing director for Mercer Health Hospital in Coldwater, talk in a patient care unit. With few underwater credits on its books, the bank continued to lend as others left the market—though it still faced the challenge of distressed sales depressing market values. “It Membership-Marketing.

Ohio 70

Ohio Community Bank Community Lending 70

Jeff For Banks

APRIL 14, 2022

Guardians of Prosperity: Why America Needs Big Banks 2013 John F. Inside the FDIC: Thirty Years of Bank Failures, Bailouts, and Regulatory Battles 2015 Louis D. The Panic of 1907: Lessons Learned from the Market's Perfect Storm 2009 Lowell L. Blinder Blinder, Alan S. Bonadio Bonadio, Felice A. Bove Bove, Richard X.

America 78

America National Denver United States 78

PYMNTS

OCTOBER 11, 2017

Both noted the regulations seem to have been written with the express purpose of banning payday lending without actually banning it — and that such a move would push consumers into some very shady corners of the market. Driving payday lenders from the market without an alternative puts them at risk.

Lending 109

Lending Regulation Guidelines FDIC 109