Abrigo

SEPTEMBER 16, 2019

Community bankers are largely positive about the future, based on the first results of a new index gauging business sentiment among the financial professionals who serve a critical role in local economies. 70% of community bankers said that now is a good time to expand in their market. Grow your loan portfolio. Learn More. Credit Risk.

Community Bank 150

Community Bank Community Policies Survey 150

PYMNTS

JANUARY 6, 2020

Community banks are pushing for a stronger role with their small business (SMB) customers. However, through an embrace of FinTech collaboration and industry consolidation, community banks appear poised to further dispel assumptions of a lack of digitization. has dropped from 8,000 in 2004 to about 5,400 in 2018.

Community Bank 123

Community Bank Community Payments Fintech 123

Gonzobanker

MAY 31, 2019

Financial institutions that want to play in the small business lending sandbox need to bring their digital toys. article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.”

Lending 136

Lending Community Bank Community Data 136

PYMNTS

APRIL 19, 2019

Small business lending technology company Lenderfit has rolled out its services in beta, connecting financial institutions to solutions to facilitate small business lending. He told the publication that Lenderfit began as a way to address the small business lending challenges of nonprofit investment firm Access Ventures.

Lending 128

Lending Louisville Kentucky Survey 128

PYMNTS

FEBRUARY 7, 2019

However, the impact of the tax reform on the small business community is not clear, particularly so soon after the reform came into effect. 6) said an examination of the largest banks’ tax savings found that most met or exceeded their expectations, saving a combined $21 billion from their tax bills in 2018. Bank of America paid an 18.6

Taxes 122

Taxes Lending National New York 122

PYMNTS

APRIL 29, 2019

Plus, there is new evidence that the middle-market business community fared particularly well in the first quarter. Not only do the figures suggest ramped-up competition between alternative and traditional lenders, but also competition within the alternative and marketplace lending community itself. Beyond the U.S.,

Lending 168

Lending Michigan Community National 168

South State Correspondent

OCTOBER 23, 2022

This rapid change in interest rates requires careful planning, product selection, and new lending and deposit-gathering strategies. The most prolonged hiking duration is 36 months (December 2015 to December 2018), but that cycle was much less steep than the current hiking cycle. Dec 2015 – Dec 2018. Time Period.

Community Bank 221

Community Bank Community Meeting Lending 221

PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits. Necessity is the mother of invention.

Lending 148

Lending Innovation Fintech Cards 148

South State Correspondent

MARCH 5, 2022

Community banks face intense competition for profitable borrowers and relationships. With short-term interest rates rising and long-term rates still at historically low levels, all bankers should understand how swap spreads may provide a competitive lending advantage. The Impact on Bank Lending. Conclusion.

Community Bank 195

Community Bank Lending Community Regional 195

Insights on Business

FEBRUARY 7, 2018

Enter, IBM Think 2018 , the premier business and technology event of the year that underscores and emphasizes the bond between business and technology. If you look for a common theme among the financial and banking sessions, speakers, demos and client stories at Think 2018, it is disruption through agility. Just about no one.

Las Vegas 111

Las Vegas blockchain NV Conference 111

Abrigo

AUGUST 26, 2019

The community bank model is built around customer service, but for many bank and credit union customers, the definition of “good service” has been changing over the last couple of decades. Stay Up-to-Date On Lending Best Practices. The 2018 J.D. Learn More.

Conference 150

Conference Lending Oklahoma Alabama 150

CFPB Monitor

JULY 8, 2019

The CFPB’s annual fair lending report covering its 2018 activities was published in today’s Federal Register. In addition to discussing the symposium and Data Point report in the section on “Access to Credit,” the new fair lending report discusses conducting supervisory reviews of alternative credit scoring models.

Lending 60

Lending Report Policies Compliance 60

South State Correspondent

JUNE 9, 2022

Many community banks are searching for ways to increase fee income, and many bank CEOs have concluded that fee income is a significant driver of revenue and profitability. We argue that larger banks do not have an inherent advantage over community banks in generating fee income because of their scale.

Community Bank 195

Community Bank Community Comparison Fintech 195

Jeff For Banks

APRIL 30, 2022

Me: Commercial Real Estate loans are the most profitable product in a community bank's arsenal and have been through various interest rate environments. Take a more normal rate scenario at the end of 2018, when FF stood at 2.50%. Bank Senior Lender: Not when you consider the whole relationship. But what of the relationship?

Lending 78

Lending Massachusetts Taxes Community Bank 78

PYMNTS

OCTOBER 30, 2018

29) said Alipay is introducing a range of solutions for small businesses to support growth of China’s SMB community. Chinese payments conglomerate Alipay is ramping up its B2B services with a new suite of offerings for small businesses (SMBs). Reports in Financial IT on Monday (Oct.

Lending 134

Lending Tools Mobile Analysis 134

PYMNTS

MARCH 15, 2019

Community bank Patriot National has hit a regulatory roadblock in its plans to launch a Small Business Administrative platform, but reports in American Banker on Thursday (March 13) said the financial institution remains undeterred by the challenge. million in SBA 7(a) loans in fiscal year 2018.

National 139

National Community Bank Metro Lending 139

Gonzobanker

OCTOBER 26, 2017

This is not to say financial institutions don’t develop talent for lending and information technology. The lending challenge is this: A great generation of lenders is getting close to retirement. Can bankers make lending something that has panache and appeal to Millennials? And who will replace them? Risky, yes.

Resources 71

Resources Training Lending Strategy 71

PYMNTS

MAY 7, 2018

Now, Mastercard and Unilever have announced the rollout of a digital lending platform, Jaza Duka (“fill up your store”) for micro entrepreneurs. How can a lending organization feel comfortable giving money to a small or micro business with no credit history or credit record? Determining Creditworthiness.

Lending 101

Lending America System Community 101

Abrigo

JULY 5, 2020

Credit unions like Telhio Credit Union in Central Ohio had employees working around the clock to help with PPP loans, and they used an SBA lending solution that automated the origination process, as well as the forgiveness and administration phases. The SBA didn’t break out larger credit union PPP lending activity.)

Technology 195

Technology Lending Capital Meeting 195

PYMNTS

JUNE 18, 2018

Biz2Credit’s latest Small Business Lending Index found that loan approval rates at alternative lenders stagnated – and at credit unions, they actually fell. Its latest index for May 2018 found that small business optimism was the highest it’s been since July 1983, and the second-highest in 45 years. percent a month prior.

Lending 112

Lending Community Bank Regional Community 112

Independent Banker

JULY 31, 2022

Observing the gap in pandemic relief in south Florida due to a lack of local community banks, a trio of banking veterans teamed up to form a digital-first community bank—and were granted a charter in record time to support local businesses. from 2016 until its sale in 2018. By Katie Kuehner-Hebert. Name: Locality Bank.

Florida 91

Florida Community Bank Community FDIC 91

PYMNTS

SEPTEMBER 24, 2018

In the latest research of small business lending trends, researchers have found evidence to be optimistic. The research also offers a glimpse into the struggle for alternative lending players to prove their worth as an important source of financing for small businesses that can’t access a bank loan. Across the U.S.

Data 158

Data Lending Survey Community 158

Independent Banker

JULY 31, 2022

The Social Bankers, a collective of community bank marketers, offers inspiration, information and professional development advice to community bankers focused on marketing and social media. Membership is open to non-competing community bankers throughout the United States. Illustration by miakievy/iStock. By Julie Kendrick.

social media 224

social media Trends Community Groups 224

FICO

NOVEMBER 29, 2018

Small business credit access grew in 2018 and with modifications to the Small Business Administration (SBA) rules for more streamlined processing, access is predicted to grow. Small business lending was strong in 2018 and pro small business growth policies have been conducive to that growth. Or visit our website.

Community 67

Community Community Bank Policies Leadership 67

PYMNTS

AUGUST 10, 2018

Though it might be easy to award Amazon the sizzle of the week for its latest shot across the bow of the nation’s established grocery players, it is curbside pickup that deserves to take the box this week, since it was far and away the most favored tactic to adopt in early August 2018. trillion in cash spent in 2016.

Lending 100

Lending New Hampshire Sacramento Online 100

PYMNTS

FEBRUARY 19, 2019

months in the first half of 2018, from 5.6 The average merger review time at the Office of the Comptroller of the Currency (OCC) declined between 2016 and 2018, too, reports in The Wall Street Journal said. He pointed to the Community Reinvestment Act, which encourages banks to loan to small businesses.

Marketing 108

Marketing Community Community Bank Industry 108

Abrigo

OCTOBER 28, 2020

A storm of events that have defined 2020 leaves many community financial institutions today in the position where balance sheets are awash with liquidity and competitive markets are squeezing rates on good quality loans to lower-than- comfortable levels. CRE Lending. Lending & Credit Risk. CRE Lending. CRE Lending.

Lending 195

Lending Risk Management Management Community 195

PYMNTS

APRIL 22, 2020

“GPay has a supportive ecosystem from G-Group with above 20 million users of financial platforms, game community, social network and technology companies. The G-Group ecosystem includes Vietnam’s social media network Gapo and P2P lending platform Tima. Tran said GPay was in discussions with investors for a Series A funding round.

Payments 154

Payments social media Groups Taxes 154

PYMNTS

MARCH 13, 2019

Chase plans to open 90 new branches and hire 700 employees by the end of 2018. The bank said about 30 percent of the branches will be in low or moderately low income communities. Over the next five years, the bank plans to open 400 new locations, which will need about 3,000 employees. To us, this is so much more than building branches.

St. Louis 145

St. Louis US South Carolina North Carolina 145

Jeff For Banks

DECEMBER 10, 2023

I also filtered for anomalies such as recent merger announcements as a seller, turnaround situations (losses suffered from 2018 forward), mutual-to-stock conversions, and penny stocks. Communities First Financial Corporation (Now FFB Bancorp) (OTCQX: FFBB) #2. Treasury as a Community Development Financial Institution (CDFI).

Fresno 107

Fresno North Carolina Raleigh FDIC 107

Abrigo

MARCH 15, 2022

trillion in 2018 because of abandoned applications during onboarding, according to a 2019 report. Lending & Credit Risk. Lending & Credit Risk. Small Business Lending. How Community Financial Institutions Can Regain the Small Business Lending Market. CRE Lending. Lending & Credit Risk.

Online 195

Online Lending Survey Digital Banking 195

PYMNTS

JUNE 4, 2019

China’s community banks are raising new fears over the health of the industry after auditor Ernst & Young resigned from its work with regional bank Bank of Jinzhou. Reports said the decision for EY to quit is the latest event to raise concerns over China’s community banking sector. For Bank of Jinzhou, that means $1.2

Regional 100

Regional Community Bank Community Policies 100

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

APRIL 30, 2018

Marketplace lending. According to a Crunchbase article published in February of 2018, investments in blockchain and blockchain-related startups (excluding initial coin offerings, or ICOs) were already 40 percent of what they were in 2017. billion in 2018 growing to $1.1 billion in 2018 growing to $1.1 Blockchain.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

JANUARY 15, 2019

15), earnings for the fourth quarter of 2018 came in at $1.98 Rising interest rates helped boost results for the consumer lending business and credit cards, while perhaps predictably, the mortgage lending business slipped, off 30 percent from last year’s $24.4 Home lending was off by 8 percent from $1.4

Mobile 139

Mobile Lending Cards Community Bank 139

CFPB Monitor

AUGUST 20, 2018

A new bulletin issued by the Office of the Comptroller of the Currency (OCC), Bulletin 2018-23 , makes slight, but significant, changes to OCC policy regarding when evidence of illegal or discriminatory credit practices could result in a downgrade to a national bank’s Community Reinvestment Act (CRA) examination rating.

Policies 74

Policies Lending National Community 74

PYMNTS

JANUARY 23, 2020

It also counts the American Bankers Association, the Independent Community Bankers Association and several state-banking associations among its financial sources. Ludwig added that he wanted to align the interests of both banks and the companies to which they’ll be lending, in a beneficial partnership for all involved.

Fintech 130

Fintech Capital Software Industry 130