Independent Banker

APRIL 30, 2022

Loan providers share an infectious enthusiasm and growing optimism for one vertical’s prospects in 2022: commercial lending. Here’s how community bankers can take advantage of various sectors—including SBA lending—over the next 12 months. Number of applications filed to form new businesses in 2021, the most of any year on record.

Lending 158

Lending Community St. Louis Community Bank 158

Abrigo

NOVEMBER 22, 2021

Consumer Lending Laws & Compliance Financial institutions offering consumer loans need to know about these major consumer lending laws and recent compliance issues. You might also like this webinar, "Consumer Lending 101.". Consumer lending compliance spotlight. Pandemic Issues.

Compliance 195

Compliance Lending Risk Management Regulation 195

Abrigo

FEBRUARY 25, 2022

Personalized Touch with Efficient Service Can Boost Lending Banks and credit unions can boost business lending by combining a relationship focus with transaction-oriented processing. . This competition can only increase as the lending landscape continues to shift. Streamlined, Quick. Win more business loans you want.

Lending 195

Lending St. Louis Community Survey 195

Gonzobanker

DECEMBER 17, 2021

Gonzo readers, 2021 was just plain schizophrenic. 2021 fintech investments, merger activities, and overall focus were off the charts. Two, read and enjoy the 2021 GonzoBanker awards, our annual take on the best things we saw during the year. So which merger was the best in 2021? Doug Larson. THE BANKER AWARDS.

Fintech 147

Fintech Strategy Leadership Lending 147

South State Correspondent

APRIL 24, 2022

Banks have ceased using LIBOR to price assets and liabilities after 2021. However, some community banks are still deciding on the correct term lending index to adopt. Considerations For Choosing A Term Lending Index. The national and regional banks have been mainly adopting SOFR for loan pricing. Market Adoption.

Lending 195

Lending Community Bank Community Marketing 195

Independent Banker

APRIL 30, 2022

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. On the next pages, you’ll find our listings of the top-performing community banks of 2021 alongside interviews with some of the winners. Brazos National Bank. Douglas National Bank. Philadelphia.

Community Bank 172

Community Bank Community Montana Taxes 172

Abrigo

APRIL 24, 2023

Construction loans grow, delinquencies flatten in 2023 Construction lending projections look positive according to S&P data from 2022 and 2023. Construction lending has seen several stumbling blocks over the past few years. billion in the fourth quarter of 2021. million in the fourth quarter of 2021. increase to $320.45

Trends 195

Trends Lending Risk Management Arkansas 195

CFPB Monitor

JUNE 17, 2021

The bill signed into law by President Biden on June 17, 2021 to create the Juneteenth National Independence Day results in an important change under the Truth in Lending Act (TILA) and Regulation Z. 6103(a) to add “Juneteenth National Independence Day, June 19” as a specified legal public holiday.

Lending 122

Lending Columbus Washington National 122

PYMNTS

DECEMBER 8, 2020

In today’s top news, economists expect the economy to recover back to pre-pandemic levels by the end of 2021, and China’s banking watchdog warns of further Big Tech regulations. Plus, online lending startup SoFi is looking to go public through a SPAC. Economists: Stimulus, Vaccine Key To Full Recovery By Year-End 2021.

San Francisco 130

San Francisco Community Bank Video Capital 130

Independent Banker

NOVEMBER 30, 2021

Within that tightly knit group, there’s the bank’s leadership team, comprising president and CEO Greg Dennis, chief lending officer Jon Girard, vice president of operations and compliance Kristine Hendrickson, and executive vice president and chief financial officer Michele Boeder. Community National Bank & Trust of Texas.

Community Bank 164

Community Bank Community Texas Leadership 164

CFPB Monitor

JUNE 15, 2021

The CFPB has published its Spring 2021 rulemaking agenda as part of the Spring 2021 Unified Agenda of Federal Regulatory and Deregulatory Actions. The comment period closed on May 19, 2021. The debt collection rule (Parts I and II) is scheduled to take effect on November 30, 2021. Mortgage Servicing COVID-19 Relief.

Regulation 78

Regulation FDIC Lending Data 78

CFPB Monitor

OCTOBER 4, 2022

The DOJ’s lawsuit against Lakeland, filed in a New Jersey federal district court, is part of the DOJ’s nationwide “ Combating Redlining Initiative ” launched in October 2021. In the majority-white neighborhoods in the Newark Lending Area, residential mortgage services were available at branches to walk-in customers.

New Jersey 147

New Jersey Lending Community National 147

Perficient

MARCH 3, 2022

Federal bank regulators work together to design Comprehensive Capital Analysis and Review (“CCAR”) stress tests that are designed to ensure that even in the case of a severe recession, significant banks can lend to households and businesses. Covered institutions are required to use specific scenarios to conduct the stress tests.

Capital 294

Capital Regulation Exercises United States 294

CFPB Monitor

NOVEMBER 22, 2021

At an industry fair lending conference last week, officials from the U.S. Department of Housing and Urban Development (“HUD”) outlined fair lending priorities for their agencies. along racial, ethnic and national origin lines. Patrice Ficklin, Fair Lending Director of the CFPB, was also a keynote speaker.

Conference 78

Conference Lending Industry Regulation 78

Abrigo

JANUARY 29, 2021

January is National Slavery and Human Trafficking Prevention Month, also referred to as Human Trafficking Awareness Month. As January 2021 comes to an end, we see the struggle against this horrific crime continuing and awareness must continue throughout the year. Lending & Credit Risk. Lending & Credit Risk.

Fraud 195

Fraud Lending United States National 195

Abrigo

DECEMBER 1, 2020

After Turbulent 2020, Ag Lenders Look to 2021 Understanding credit risk in current ag loan portfolios will also be key to ag lenders' solid returns. . Takeaway 1 For solid ag lending returns, focus on assessing credit risk in current portfolios and effective pricing. . A tricky year for farmers, ag lending. Pandemic Impact.

Lending 195

Lending Survey Operations Payments 195

South State Correspondent

SEPTEMBER 18, 2023

The banking industry’s average efficiency ratio worsened for the first time since 2021. The national banks have already indicated how they plan to reverse the efficiency ratio increase – through headcount reduction. Further, national banks’ average commercial loan size is not as large as many will guess.

Management 195

Management How To Community Bank Community 195

Jeff For Banks

DECEMBER 29, 2021

As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 27, 2021 was 60.4%. billion at September 30, 2021. billion at September 30, 2021. and equipment lending and asset based lending through Triumph Commercial Finance. Silvergate Capital Corporation (NYSE: SI) #2.

Capital 78

Capital Texas Metro North Carolina 78

PYMNTS

JANUARY 25, 2021

Global FDI dropped by 42 percent last year, and COVID-19 will keep impacting it in 2021, according to a UNCTAD report, as China reaps more foreign funds than the United States. 55-Plus Group Lends Optimism To Travel Operators. FDI dropped to $859 billion in 2020 from $1.5 trillion in 2019.

United States 217

United States Regulation Payments Lending 217

Abrigo

JUNE 12, 2023

WATCH NOW Takeaway 1 The number of money transmitters grew by 13% in 2021 in the U.S. According to the Conference of State Bank Supervisors , the number of money transmitters grew by 13% in 2021 in the U.S. A national framework would provide a level playing field, fostering innovation and competition in the money transmitter industry.

Compliance 195

Compliance Fraud Regulation Guidelines 195

Independent Banker

JUNE 30, 2022

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. Using FDIC data for 2021, we calculated a lender score out of 100 for each community bank. Ag lending in the South: Relationships matter. It also indirectly benefits our lending business.

Community Bank 172

Community Bank Community National Philadelphia 172

SWBC's LenderHub

MAY 3, 2021

If you’re anything like me, now that we’re a solid quarter into 2021, the haze and fog of 2020 is finally starting to dissipate. Surprisingly, the lending market has not followed the same economic trend as some of the harder hit industries. In fact, we’ve seen the housing market boom since the onset of the pandemic.

Marketing 103

Marketing Lending National Trends 103

CFPB Monitor

JUNE 21, 2021

As previously reported , the bill signed into law by President Biden on June 17, 2021 to create the Juneteenth National Independence Day actually results in an important change under the Truth in Lending Act (TILA) and Regulation Z. The bill amends 5 U.S.C 6103(a), Saturday June 19 was not a business day.

Lending 78

Lending Compliance Regulation National 78

PYMNTS

DECEMBER 28, 2020

In Mercado’s home nation of Brazil, he describes the last eight months as a “fundamental transformation” in a conversation with PYMNTS’ Karen Webster. Has it been ten years of change packed into one, as some have speculated? Brazil at the beginning of last year was a different Brazil, for sure,” he said. Creating Credit Scores Out Of Data .

Lending 220

Lending Data Marketing Regional 220

CFPB Monitor

JULY 5, 2023

The FFIEC advises that the Snapshot National Loan-Level Dataset that it released contains the national HMDA datasets as of May 1, 2023, and that key observations from the Snapshot include the following: • The number of reporting institutions increased by about 2.63% from 4,338 in 2021 to 4,460 in 2022. Continue Reading

Data 78

Data National Report Lending 78

South State Correspondent

APRIL 12, 2022

Recently, JP Morgan Chase released its 64-page 2021 shareholder letter and 340-page annual report. The bank aims to be a responsible citizen at the local level in every community where it lends and takes deposits. Total 2021 bank revenue was $122B, and loans outstanding were just over $1T. Despite JPM enormous size ($3.7T

Community 195

Community Community Bank Leadership Lending 195

Abrigo

OCTOBER 17, 2022

Shannon passed away in 2021 after her diagnosis in 2017. and in bank technology nationally. He was named an Ernst & Young LLP (EY US) Entrepreneur of the Year 2021 Central Texas Award Winner.

Texas 370

Texas Leadership Austin Raleigh 370

CFPB Monitor

JULY 19, 2022

On July 13, 2022, the House Committee on Oversight and Reform, Subcommittee on National Security held a hearing entitled “Protecting Military Servicemembers and Veterans from Financial Scams and Fraud.” Malini Mithal testified that the FTC received over 200,000 reports of military fraud in 2021, totaling over $267 million in losses.

Fraud 78

Fraud National Security social media 78

PopularBank

MAY 25, 2021

Popular Bank Senior Vice President and Director of National Healthcare Financing Andrew Boland joined fellow industry leaders for the Environmental Banker Association (EBA) panel discussion How COVID Changed Senior Living & Care Underwriting. Underwriting valuation and lending requirement strategies to shift.

National 52

National Industry Lending Strategy 52

FICO

AUGUST 29, 2022

Each year, we provide insight into the national average FICO ® Score to help ensure consumers have a baseline measure of credit health standing. Each year, we provide insight into the national average FICO® Score to help ensure consumers have a baseline measure of credit health standing. by Ethan Dornhelm. expand_less Back To Top.

Payments 98

Payments National San Diego Analytics 98

Gonzobanker

JULY 9, 2021

Q1 2021 was the largest funding quarter on record, according to CB Insights , with fintechs raising $22.8 As fintech startups, challengers, and even mature fintech providers laser in on evermore specific pain points, investors pour funds into the payments, lending, data, and other approaches to pain relief. Fintech is no different.

Fintech 197

Fintech Lending Community Payments 197

Abrigo

MARCH 17, 2022

The stress test scenarios present hypothetical levels on common national level economic factors. reactivity inflation and interest rates is very similar to October 2021 and January 2022 consensus projections that were utilized with the Blue Chip Economic Indicators report as well as the Blue Chip Financial Forecast.

Capital 195

Capital Regulation Risk Management Community 195

CFPB Monitor

JULY 23, 2021

The DoD, in consultation with the Treasury Department, was required to provide the report by the National Defense Authorization Act for Fiscal Year 2021. However, the type of loan has changed dramatically.

Report 78

Report Lending Cards National 78

CFPB Monitor

MARCH 1, 2021

The OCC has filed a reply in support of its cross-motion for summary judgment in the lawsuit filed by state AGs to enjoin the OCC’s final rule (Rule) purporting to override the Second Circuit’s Madden decision as to national banks and federal savings associations. A hearing on the motions is scheduled for March 19, 2021.

National 78

National Regulation Lending New York 78

PYMNTS

SEPTEMBER 6, 2019

And General Motors (GM) reportedly plans to add Google apps capability to its cars in 2021. GM Cars to Be Powered by Google in 2021. General Motors (GM) reportedly plans to add Google apps capability to its cars in 2021. General Motors (GM) reportedly plans to add Google apps capability to its cars in 2021. generated $6.13

Capital 128

Capital Cards Google Payments 128

CFPB Monitor

DECEMBER 8, 2022

The parent company of an ILC with a deposit insurance application approved after September 23, 2021 would be subject to the supervisory authority of its “primary financial regulatory agency” as defined in Section 2 of Dodd-Frank (12 U.S.C. 5301) (e.g.

FDIC 78

FDIC Company Industry Regulation 78

CFPB Monitor

JANUARY 19, 2022

federal district court in December 2020 seeking to block the OCC from granting a national bank charter to Figure Technologies Inc. The lawsuit represented the CSBS’s third challenge to the OCC’s authority to issue special purpose national bank (SPNB) charters to non-depository fintech companies or to uninsured deposit-taking fintechs.

Technology 78

Technology National FDIC Fintech 78