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Community banks most likely to approve small business loans

Abrigo

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia.

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ICBA Community Bankers of the Year

Independent Banker

ICBA inaugurated its Community Banker of the Year award program this year to recognize the exceptional work of the individual employees of ICBA member community banks. The association accepted nominations online throughout the month of September, allowing anyone to recommend a community banker for consideration.

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The 2014 GonzoBanker Awards

Gonzobanker

It’s time for the 2014 GonzoBanker Awards! It’s been a busy year integrating recent acquisitions, purchasing $1 billion+ in Banco Popular deposits, hiring former Los Angeles Mayor Antonio Villaraigosa to advise on community relations, and having former President Bill Clinton speak at a major financial literacy event.

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FI Highlight: National Police Credit Union

Banking 2020

In an industry where so many financial institutions are trying to provide the same services in order to stay competitive, it is important that they also stand out in their communities. In a few sentences could you please tell us a bit more about National Police Credit Union? If so, what are some examples?

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Widespread Corporate Hacking Lands Two Russians In Prison

PYMNTS

Two Russian nationals have been handed prison sentences for their roles in hacking corporates and financial institutions (FIs) in the U.S., The two were part of a larger group that stole online credentials, personal information and credit and debit card numbers between 2005 and 2012. Bloomberg reported this week. While the U.S.

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For Visa, She’s Next Is What’s Next

PYMNTS

The announcement comes as, since 2014, more than 163 million women have launched businesses across the globe, at a rate that outpaces that of businesses launched by men. 30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally. To that end, Visa said on Tuesday (Jan.

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How Can Banks Thrive in the Next Five Years?

Jeff For Banks

And products started migrating online. This is why online banks can pay higher interest rates. So banks, even community banks like [bank name] must take a sharp pencil to prune their branch network to compete with the higher interest rates of online banks, make investments in people and technology, and deliver to their shareholders.