Independent Banker

AUGUST 31, 2022

Daniel Galindo, pictured, and Doug Schaeffer of Woodforest National Bank helped involve the community bank in providing funding for and access to affordable housing. Name: Woodforest National Bank. Doug Schaeffer, Woodforest National Bank. Doug Schaeffer, Woodforest National Bank. By Aileen McDonough.

Austin 91

Austin Texas Community National 91

Independent Banker

SEPTEMBER 21, 2015

Greater uncertainty wins as the Supreme Court upholds statistical evidence in fair lending claims. Supreme Court, it is, and the high court’s recent ruling to that effect is likely to affect community banks, their regulatory examinations and their potential exposure to fair lending lawsuits. lending compliance.

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Lending Community Bank Policies Community 70

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.

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Community Bank Community Los Angeles Regional 195

Independent Banker

DECEMBER 13, 2015

New Military Lending Act regulations kick in next fall. Following a three-year study on predatory lending, the U.S. Department of Defense has now issued the final rule to implement the Military Lending Act. 1, 2015, and compliance with the rule is required by Oct. By Mary Thorson Wright. 3, 2016, compliance date.

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Lending Compliance Regulation Virginia 70

Abrigo

JUNE 25, 2015

During leaner years is often when the demand for ag loans increases , as it’s common for those full-time farmers to tap into their community bank to cover operating costs or invest is other lines of the agricultural business. The biggest name in ag lending is unlikely to be a surprise – John Deere Financial FSB.

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Community Bank Sacramento Lending Wisconsin 150

CFPB Monitor

OCTOBER 3, 2022

The reporting triggers of 25 covered closed-end loans and 100 covered open-end lines of credit originated in each of the prior two years were established by an October 2015 HMDA rule. The ruling is relevant for both single-family and multi-family mortgage lenders. . Additionally, a number of the new data reporting items are complex.

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DC Report District of Columbia Data 78

Gonzobanker

DECEMBER 22, 2015

Well, what do we say about 2015? And, give or take a stumble or two, we snuck through it and did a reasonable job on 2015 objectives, in our humble opinion. So, it seems we’re good with only one outstanding item—digest the 2015 GonzoBanker Awards! 2015 Executive Call-out. Community bank marketing resources.

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Community Bank Apple Community Technology 60

CFPB Monitor

SEPTEMBER 11, 2020

Supreme Court’s 2015 decision in Texas Department of Housing and Community Affairs v. Inclusive Communities Project, Inc., These elements are designed to harmonize the existing burden-shifting test with the safeguards against “abusive” disparate impact claims discussed in Inclusive Communities. To register, click here.

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Community Policies Examples Groups 78

Independent Banker

APRIL 28, 2016

Ruby Valley National Bank is not much different from other community banks, except our risk threshold is probably higher than most. Serving a marketplace with a population of 7,800, where cows outnumber people by five to one, our community bank has developed strong agricultural lending expertise. ROAA in 2015: 2.20

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Community Bank Community National Lending 70

PYMNTS

APRIL 30, 2018

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

Taxes America National Community 144

Jeff For Banks

DECEMBER 19, 2015

Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 16 locations. It's size today, at $2.4 What a ride! #3. BNCCORP, Inc.

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North Dakota Arizona Michigan Florida 60

Gonzobanker

DECEMBER 19, 2022

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. Acquisition of the Year: The No Time to Breathe Award. Provident Financial Services, Inc.

Community 216

Community Fintech Industry Innovation 216

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.

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Leadership Lending Marketing Regional 60

PYMNTS

JUNE 24, 2016

trillion in 2015. Online lending . But on the upside, with the various scandals, higher than expected default rates, and a loss of stock market investor confidence that neatly mirrors the diminishing confidence of platform investors, the various online lenders of the nation have likely gotten good at bracing themselves.

Lending 101

Lending Online South Dakota North Dakota 101

Independent Banker

FEBRUARY 25, 2015

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. billion-asset community bank based in Happy, Texas. By Howard Schneider. Pat Hickman, Happy State Bank.

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North Dakota Texas Louisiana Community Bank 70

Filene

AUGUST 18, 2016

Let’s cut to the chase—here are 3 different views on the impact of payday lending. Any way you slice or dice it, this dish leaves a bitter taste: If it were a country, the "Empire of Payday Lending" would be the 104th largest economy in the world.*. Payday Lending is the 104th Largest Economy in the World.

Lending 28

Lending Wisconsin Regulation Meeting 28

Abrigo

DECEMBER 20, 2021

Now is the time for community financial institutions to pay attention. The CBOT penalty is a solid reminder to all community financial institutions that a robust AML program is critical in guarding against money laundering and terrorist financing risks regardless of size and risk. The dates cited are between 2015 and 2019.

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Resources Texas Analysis System 195

PYMNTS

MAY 16, 2016

The alternative lending market is showing signs of defeat against traditional bank loans, and SMEs are strengthening their demands for more than the typical solutions currently offered by traditional FIs. Those services include bitcoin and peer-to-peer lending, analysts said. 65% of U.K. percent of borrower applications.

Fintech 108

Fintech Lending Fraud Cards 108

CFPB Monitor

SEPTEMBER 21, 2015

The CFPB announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council. New members to the Consumer Advisory Board will serve three-year terms and new members to the Community Bank and Credit Union Advisory Councils will serve two-year terms. Kathleen C.

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Groups Los Angeles San Francisco Community Bank 60

CFPB Monitor

JULY 2, 2019

In May 2017, the CFPB issued a RFI and a white paper on small business lending in conjunction with a field hearing on small business lending. The RFI was intended to inform the CFPB’s Section 1071 rulemaking.

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California Resources Community Lending 60

Independent Banker

JULY 29, 2016

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. Rally more than 3,000 community bankers each year who support ICBPAC, ICBA’s federal political action committee for community banking.

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Community Bank Community Washington FDIC 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.” because of race, color, religion, sex, handicap, familial status, or national origin.”. because of race, color, religion, sex, handicap, familial status, or national origin.”.

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Rhode Island District of Columbia North Carolina Vermont 60

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.

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Groups Rhode Island District of Columbia North Carolina 68

Independent Banker

JULY 30, 2015

An interview with Paul McGuire, ICBA’s executive vice president, national solutions group. While all of ICBA’s members are FDIC-insured, the association represents Federal Reserve member banks, nationally chartered banks and state-chartered institutions. Community Bank Career Center. Community Bank Locator. Paul McGuire.

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Resources Tools Community Bank Community 70

PYMNTS

OCTOBER 13, 2017

If we’re going to build a safe community, we need to respond quickly,” CEO Marc Zuckerberg wrote in a post at the time. SMB Lending: Biz2Credit data shows that lending is still strong at SMBs. Approval rates are (slightly) up, according to the latest lending index numbers. percent, up 10 basis points in September.

Las Vegas 116

Las Vegas Lending cryptocurrency social media 116

Jeff For Banks

APRIL 14, 2022

The Courage to Act: A Memoir of a Crisis and Its Aftermath 2015 Peter L. A Primer on Money, Banking, and Gold 2008 Cordelia Frances Biddle Biddle, Cordelia Frances Biddle, Jackson, and a Nation in Turmoil: The Infamous Bank War 2021 Alan S. Inside the FDIC: Thirty Years of Bank Failures, Bailouts, and Regulatory Battles 2015 Louis D.

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America National Denver United States 78

PYMNTS

APRIL 2, 2019

Microlending programs and products have mostly been associated with consumers in developing nations – particularly in sub-Saharan Africa – over the last decade. But what has gotten less attention – largely because the practice is less common – is how microlending operations play out in developed nations like the U.S. A Long Journey.

Tools 126

Tools Study Los Angeles New Jersey 126

Independent Banker

APRIL 28, 2016

Finally, I focus on economic news in our markets, which include five communities south of Houston. The news will focus on capital spending and job creation with an emphasis on Galveston Island, which is where our community bank’s headquarters and largest market is. Our lending strongly supports our tourist economy.

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Dallas Texas Houston Community 131

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.

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Bitcoin Lending blockchain Fintech 100

PYMNTS

JULY 26, 2017

The federal banking system is, and should be, a source of strength for the nation and its economy. When it is running well, it powers tremendous growth and economic prosperity for consumers, businesses and communities across the country,” said Keith A. Shifts in Lending Practices.

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Compliance System Fintech Report 115

CFPB Monitor

OCTOBER 30, 2018

Supreme Court’s 2015 Inclusive Communities decision. The Rule is the subject of a lawsuit originally filed in June 2013 by the American Insurance Association and National Association of Mutual Insurance Companies in the D.C. Comments on the ANPR were due by August 20, 2018. federal district court.

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Community Groups Compliance National 68

PYMNTS

APRIL 17, 2018

Most service providers approach the SME segment as a homogeneous community, ignoring their diversity and unique needs,” said Adaptive Lab Principal Chris Moisan in a statement. “Is A third report , published by Bibby Financial Services this month, found small business confidence is the highest it’s been since 2015. Optimism Survives.

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Survey Data Report Community 109

Independent Banker

MARCH 15, 2015

Thoughtful lending and an open mind keep profits strong for incoming ICBA chairman Jack Hartings. in Coldwater, Ohio, and ICBA’s incoming chairman, held fast to his community bank’s conservative lending practices. Jack Hartings Photo by Michael Nemeth. By Kelly Pike. The Peoples Bank Co. Coldwater, Ohio. Assets: $450 million.

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Ohio Community Bank Community Lending 70

Filene

JULY 18, 2018

is contributing to steady growth of this vibrant community – a community of more than 43 million that continues to be overlooked by mainstream financial services. Learning as much as you can about the foreign-born community and their families in your area is an essential first step. immigrants.

Community 28

Community Study Resources Lending 28

Gonzobanker

JUNE 22, 2016

The following are Facts: September 2015 – During the last D+H Connections client conference, D+H executives including President Bill Neville (a bank tech and core veteran), head product marketer Lindsay Sanchez (tech veteran new to banking), and Senior Vice President David McConney presented the company’s future direction including core banking.

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Conference Management Marketing Operations 60

PYMNTS

AUGUST 10, 2017

To address the need to standardize APIs, the National Automated Clearing House Association (NACHA) formed the API Standardization Industry Group in May. Since 2015, Silicon Valley Bank has been using APIs to help players from the banking and FinTech industries communicate more effectively and deliver faster, more efficient banking solutions.

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Fintech System Industry Google 202

Gonzobanker

DECEMBER 22, 2014

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. Nice community bank culture fit between the two as well.

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Los Angeles Apple Risk Management California 101