Remove 2015 Remove Community Bank Remove National Remove Taxes
article thumbnail

The Biggest Banking, Regulatory Challenges For Today’s Entrepreneur

PYMNTS

National Small Business Week is this week in the U.S., and finance experts are celebrating with new data on the state of the entrepreneurial community. But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too.

Taxes 144
article thumbnail

3 Ways Credit Union Are Driving Growth

Abrigo

According to the Credit Union National Association (CUNA) , credit unions had a record year in 2015, with 3.7 Creating top-rated apps Banking is becoming increasingly mobile, as checks are now frequently deposited and money can be transferred via the convenience of an application on a smart phone. According to a U.S.

Michigan 150
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lending to nonprofits: Considerations for credit analysis

Abrigo

According to the Urban Institute’s “ Nonprofit Sector in Brief 2015 ,” the number of nonprofits registered with the Internal Revenue Service increased by about 3,000 a year between 2003 and 2013. Finances related to U.S. Revenues increased 3 percent to $2.26 trillion; assets rose 5.2 percent to $5.17 trillion, and expenses grew 1.7

Analysis 150
article thumbnail

What Goes Up …

Independent Banker

Coping just fine, community banks in energy-producing regions manage the oil-price plunge. Yet community bankers serving the oil industry say they’ve been expecting a drop in the notoriously cyclical price of crude. Pat Hickman, chairman and CEO of Happy State Bank, a $2.6 By Howard Schneider. percent expansion last year.

article thumbnail

Wading Through the Waters

Independent Banker

Both of these laws pointedly changed the National Flood Insurance Program requirements over which of the banking agencies have jurisdiction. There is an exception that will be key for many community banks to understand. Biggert-Waters) the bank was not required under federal or state law to escrow taxes or insurance.

article thumbnail

The Thinker

Independent Banker

It was a prescient move for Hartings and the $450 million-asset community bank, which comfortably weathered the downturn even though residential mortgages are its biggest business line—but not everyone appreciated Hartings’ common-sense approach at the time. Executive Committee, member, from 2010-2015. ICBA service.

Ohio 70
article thumbnail

Advocacy: Election Returns

Independent Banker

Around the Table—Wisconsin community bankers work with legislative staff members on Capitol Hill during ICBA’s Washington Policy Summit. Keeping community banking interests front and center. Four provisions in the plan were signed into law in 2015. 812) and the Community Bank Access to Capital Act (H.R.