Abrigo

SEPTEMBER 15, 2015

Last week the NCUA reported that the total number of credit union members had surpassed the 101 million mark, and overall lending was up as of the close of Q2. This is a significant jump of more than three million members since the same period in 2014. Total lending at federally-insured credit unions reached $745.2

Lending 150

Lending Alaska Idaho Columbus 150

PYMNTS

SEPTEMBER 12, 2018

In its monthly Small Business Lending Index, released Tuesday (Sept. When you combine a strong economy, healthy retail demand and the willingness of small business owners to reinvest their savings from tax cuts, it creates a positive atmosphere for small business lending ,” said Rohit Arora, Biz2Credit CEO, in a statement.

Lending 102

Lending Community Bank Taxes Community 102

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

PYMNTS

FEBRUARY 8, 2018

Small business hiring may have petered out in January, but lending to SMBs certainly didn’t. The latest Biz2Credit Small Business Lending Index found SMB lending among large financial institutions (FIs) continued to climb, reaching a 25.3 percent approval rate in January.

Lending 108

Lending Taxes Regional Analysis 108

Abrigo

FEBRUARY 17, 2015

As of the third quarter of 2014, the total value of portfolios was $7.4 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. Following the recent recession, U.S.

St. Louis 150

St. Louis Lending Community Bank Regional 150

CFPB Monitor

NOVEMBER 3, 2014

Klein The Federal Reserve Board indicated it is scrutinizing mortgage loan pricing models that comply with Regulation Z but nonetheless, in the view of the Board, significantly increase fair lending risk. We wrote about the case, Texas Department of Housing and Community Affairs v. The Inclusive Communities Project, Inc.

Lending 90

Lending Community Regulation Texas 90

Jeff For Banks

DECEMBER 18, 2014

They are built as a relationship bank serving the Korean community in LA and surrounding areas. through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 14 locations. Well done! #3. BNCCORP, Inc. OTCQX: BNCC) BNCCORP, Inc.,

North Dakota 93

North Dakota Arizona Minnesota Los Angeles 93

Abrigo

JANUARY 15, 2015

With mortgage rates down in the US , many homebuyers are looking locally to their community banks to finance their new, potentially life-changing purchase. In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending.

Cleveland 150

Cleveland Detroit Michigan Community Bank 150

Independent Banker

OCTOBER 1, 2021

Ponce Bank has brought banking services to minority neighborhoods in the Bronx and greater New York City for more than six decades with a clear focus on community investment. They named the community bank after the Spanish explorer and governor of Puerto Rico, Juan Ponce de León, to honor its founders’ roots. “If Focused on community.

Puerto Rico 113

Puerto Rico New York City Community New York 113

PYMNTS

SEPTEMBER 30, 2020

Co-signed by the American Bankers Association, Bank Policy Institute, Independent Community Bankers of America and The Clearing House, the letter argues that banks and non-bank technology firms are both already embracing innovation in customer service offerings. FDIC), the states and the courts.

Regulation 349

Regulation National System Industry 349

Gonzobanker

MAY 8, 2015

The annual LendIt conference was held last month at Times Square in New York City and GonzoLender descended boldly on the scene to evaluate the mysterious underbelly of digital lending. The lending attack on community banks and credit unions has been waged. I’ll repeat that: one credit union and one community bank.

Conference 60

Conference Lending Community Bank Community 60

Jeff For Banks

DECEMBER 10, 2023

Communities First Financial Corporation (Now FFB Bancorp) (OTCQX: FFBB) #2. Treasury as a Community Development Financial Institution (CDFI). Treasury to be used to help underserved communities bounce back from the Covid-19 pandemic. Coastal Financial Corporation (Nasdaq: CCB) #3. OFG Bancorp (NYSE: OFG) #4. The Bancorp, Inc.

Fresno 107

Fresno North Carolina Raleigh FDIC 107

PYMNTS

JANUARY 16, 2018

In its announcement , Sorodo said it will be expanding its small business lending platform that first launched in 2014 to address the gap in small business funding left in the wake of the global financial crisis. This will determine which lender offers a suitable funding product based on the information provided by the business owner.

Lending 100

Lending Community Regional National 100

PYMNTS

MAY 29, 2020

Since its founding in 2014, the company has raised more than $443 million. In early May, Boden told the Treasury Select Committee Starling was “very, very keen to start lending as soon as possible,” pending authorization. We hope our customers and the wider community will understand this.”. Finance reported.

Digital Banking 131

Digital Banking Lending Community Groups 131

Abrigo

DECEMBER 26, 2014

At best, 2014 has been an uneven year for home buyers. Utilizing the Bank Information platform, Sageworks recently released a ranking of the top mortgage lending credit unions in the U.S. In a lending segment once cornered by banks, credit unions are making an impact for those looking to purchase their own home.

Regional 186

Regional Milwaukee Lending Washington 186

Abrigo

MARCH 17, 2015

According to the latest FDIC Quarterly Banking Profile, community banks continue to thrive and lead the industry. percent achieved that threshold in the fourth quarter of 2014 – they aren’t just competing with large, national banks; their community bank counterparts also account for much of their competition.

How To 150

How To Community Bank Community FDIC 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. By Stephanie Vozza. April 2011.

Community Bank 91

Community Bank Community Software New York City 91

Independent Banker

FEBRUARY 24, 2016

Just about every community bank makes commercial real estate loans. A whopping 95 percent of ICBA members are active commercial real estate (CRE) lenders, according to the latest ICBA Community Bank Lending Survey. Responsible lending. Regulators warn once again about rising CRE concentrations and risks.

Community Bank 70

Community Bank Lending Community Regulation 70

Independent Banker

FEBRUARY 24, 2016

As in past years, community bankers will continue to contend with a dynamic, highly competitive lending environment in 2016. Several trends have arisen that are likely to continue shaping the commercial lending market. Here are five commercial lending trends from some of the industry’s top commercial lenders.

Trends 79

Trends Community Bank Lending Community 79

PYMNTS

DECEMBER 6, 2019

that are lending their attire for a monthly rate, Reuters reported. COS Managing Director Marie Honda said in a statement, according to the report, “It is important for us to try new approaches — testing and collaborating to achieve the best outcome for our customer and community — as well as the future of our business.”

Branding 101

Branding Groups US Lending 101

Celent Banking

MARCH 6, 2015

Next week I will be moderating a panel discussion at American Banker´s Retail Banking Conference in Austin about the competitive pressures of community institutions. It’s an important topic that Celent discussed in a report published last year: And Then There Were None: The Disappearance of Community Banks.

Conference 100

Conference Retail Community Austin 100

Jeff For Banks

DECEMBER 16, 2022

Communities First Financial Corporation (OTCQX: CFST) Communities First Financial Corporation is the bank holding company for Fresno First Bank , which opened in December 2005 dedicated to meeting the banking needs of businesses, professionals, and successful individuals in Central California. Triumph Bancorp, Inc. Nasdaq: TBK) #4.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Independent Banker

SEPTEMBER 21, 2015

Under the right circumstances, providing residential mortgages that fall outside of the new federal Qualified Mortgage definition could help a community bank grow its lending, some community bankers say. a $613 million-asset community bank serving central and northern Wisconsin that engages in non-QM lending.

Community Bank 70

Community Bank Lending Community Survey 70

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

CFPB Monitor

FEBRUARY 13, 2017

However, like the FTC’s letters on its 2014 and 2015 ECOA activities, the letter on 2016 activities does not describe any 2016 FTC ECOA enforcement activity and only contains information about the FTC’s research and policy development efforts and educational initiatives. Report on fraud in African American and Latino communities.

Report 68

Report Big Data Lending Survey 68

CFPB Monitor

NOVEMBER 18, 2021

It is clear from the title of the CFPB’s press release announcing the assessment, “ CFPB Seeks Input on Detecting Discrimination in Mortgage Lending ,” that the CFPB is treating this assessment as an initiative addressing fair lending. The specific data points reported under the HMDA Rule that help meet the objectives of the Rule.

Compliance 78

Compliance Data Lending Operations 78

PYMNTS

SEPTEMBER 28, 2016

Investors have cooled off to alternative lending in the U.S. Just look at the near-immediate struggle faced by Lending Club and OnDeck after their IPOs in 2014, or more recently, the knock-on effect Lending Club’s less-than-noble lending practices have had on investor confidence in other marketplace lenders.

Lending 100

Lending Regulation Capital Industry 100

Independent Banker

MAY 2, 2016

At The Bank of Tioga, we preserve the local touch and serve our clients and communities well. We ignite prosperity in all the communities we serve through community reinvestment, lending to local businesses, and providing educational opportunities for the community and our employees. The Bank of Tioga. Tioga, N.D.

North Dakota 70

North Dakota Community Bank Community Risk Management 70

Ublocal

DECEMBER 22, 2021

In celebration of our new Shelburne Village branch recently opening, we have collected input and insights from the wonderful community of people working and living in Shelburne, Vermont. My wife also works in Shelburne, managing The Terraces, a retirement community. Shelburne is a unique community.

Vermont 52

Vermont Community Charlotte Leadership 52

PYMNTS

JUNE 21, 2016

ModCloth’s anti-Photoshop stance has always been something of a cause célèbre for the online retailer, who in 2014 was the first to sign a pledge to not make any post-production changes to any of its models or images. It demonstrates to young women that measurements are a fact, not a judgment.

Retail 102

Retail Guidelines Survey Lending 102

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. Additionally, LendingClub’s stock has lost 88 percent of its value since its 2014 IPO.

Fintech 183

Fintech blockchain Lending Digital Banking 183

Gonzobanker

AUGUST 29, 2017

Anyone following the banking vendor space over the past few years knows that the standalone loan origination system providers – across all lending verticals of mortgage, consumer and commercial – are clearly taking the core vendors to the cleaners. A case in point is the acquisition of CMSI/Origenate by FIS in 2014. Functionality.

Strategy 78

Strategy Lending System Community 78

CFPB Monitor

AUGUST 22, 2016

The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Community Bank Advisory Council Members. Sarah Marshall, Chief Executive Officer, North Side Community Federal Credit Union, Chicago, IL.

San Antonio 60

San Antonio Kansas City Groups CA 60

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. It is also important to note that disclosure starts January 1, 2015, which is also considered the compliance deadline for community banks.

How To 236

How To Capital Community Bank Maine 236

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

Independent Banker

SEPTEMBER 25, 2014

Anticipating what’s new for your community bank’s next field examination. This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. As Barr points out, most community banks—close to 75 percent—are now growing their loan portfolios. By Karen Hoffman.

Compliance 101

Compliance Regulation Community Bank Community 101

Jeff For Banks

DECEMBER 15, 2013

Fellow blogger Jim Marous asked me what I thought were hot stove issues for banking in 2014. 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