South State Correspondent

JUNE 21, 2022

This decision coincided with rate hikes by the Swiss National Bank, its first since 2007, the Bank of England, and the European Central Bank announced at an emergency meeting that they would raise interest rates next month and again in September. What worked effortlessly for the last 14 years may not work for the next business cycle.

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South State Correspondent

NOVEMBER 29, 2023

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. ” This article explores the recency trap and discusses how to prevent it.

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South State Correspondent

JANUARY 16, 2024

We published various articles comparing community bank alternatives to LIBOR (such as SOFR, Ameribor, Fed Funds, and Prime). We believe that daily and term SOFR offer community banks the safest and most dependable index for benchmarking profitability, pricing loans, and hedging interest rate risk. No ISDA documents.

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South State Correspondent

AUGUST 21, 2022

Last week we wrote about loan-level vs. balance sheet hedging for community banks and provided our loan proposal generator ( HERE ). We compared and contrasted the two strategies and sized the market for community banks. A community bank may transact one or only a few balance sheet hedges over many years.

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South State Correspondent

MARCH 6, 2023

In an article last week ( HERE ), we discussed why real estate loans underwritten at common debt service coverage ratio (DSCR) and loan-to-value (LTV) levels may quickly become substandard credits if capitalization (cap) rates normalize, as expected because interest rates are rising. debt yield ratio ($135k divided by $1.5mm).

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Abrigo

MAY 5, 2022

Would you like other articles like this in your inbox? Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. Main Street Banking: A Podcast for Community Bankers 8. And all release a new episode at least monthly. Takeaway 2 With 2.8 BankTalk 3.

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South State Correspondent

JANUARY 22, 2023

In a previous article ( here ), we discussed why commercial loan prepayment protection would be a critical return on asset (ROA) driver for community banks in 2023. In this article, we will quantify the value of a prepayment provision and compare the value of a step-down to a symmetrical break-even provision.

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South State Correspondent

SEPTEMBER 20, 2023

In this article, we discuss cash management profitability and rank the most profitable industries for banks to go after. National and regional banks control 70% of the cash management market, yet most cash management customers choose their bank because of service.

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PYMNTS

OCTOBER 9, 2018

.” “There is no doubt that the lease accounting standards will add new complexities to a broad range of business functions, including sales, lending, contracting and financial reporting,” wrote Whitney Schiffer, CPA, in an article last week for accounting and advisory firm Berkowitz Pollack Brant.

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Jeff For Banks

MAY 20, 2017

and New York Community Bancorp called off their planned merger. Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending.

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Abrigo

MARCH 17, 2015

According to the latest FDIC Quarterly Banking Profile, community banks continue to thrive and lead the industry. percent achieved that threshold in the fourth quarter of 2014 – they aren’t just competing with large, national banks; their community bank counterparts also account for much of their competition.

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Independent Banker

FEBRUARY 24, 2016

Georgia bank propels major growth through niche SBA lending. When Richard Bradshaw became president of specialized lending three years ago at United Community Bank in Blairsville, Ga., the bank’s three-person Small Business Administration department was lending about $10 million a year. By Howard Schneider.

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Gonzobanker

JULY 9, 2021

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. Payments deals continue to heat up at the intersection of companies and payroll, commerce and communities.

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Abrigo

DECEMBER 20, 2021

Would you like other articles like this in your inbox? 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.

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Gonzobanker

MAY 4, 2020

I like this bank-acquiring-fintech deal (similar to City National Bank’s August acquisition of FilmTrack and 2018 acquisition of Exactuals). million fundraise including community bank participants Bank of St. Elizabeth, Coastal Community Bank, First Financial Bank, Kearny Bank, Provident Bancorp and Sunwest Bank.

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CFPB Monitor

AUGUST 22, 2016

The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Chi Chi Wu, Staff Attorney, National Consumer Law Center, Boston, MA. Community Bank Advisory Council Members. ”

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CFPB Monitor

MAY 19, 2021

In its opposition to the motions to dismiss, NALCAB responds to the arguments made by the CFPB and CFSA challenging NALCAB’s Article III standing. To the extent small dollar lenders’ business models continue to rely on consumers’ inability to repay, those practices cause harm that must be addressed by the CFPB.”.

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South State Correspondent

JANUARY 25, 2024

This strategy is used for various reasons discussed further in this article. Forward Rate Lock Tools National lenders have been using locks for decades, and these instruments can take many forms. As we have discussed before ( HERE ), one common lending mistake is for lenders to hold a rate constant during underwriting.

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Jeff For Banks

OCTOBER 4, 2014

So said John Authers in a recent Financial Times article. Lending Club funded $5 billion in loans since its founding in 2007. How long before those corporate accounting system providers strike a deal with some regional or national bank to provide seamless views to corporate customers? And I believe him. And Quicken Loans.

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Technology Cyber Security FDIC Strategy 105

FICO

FEBRUARY 21, 2023

Expectations from Visa are that the GDP will turn negative once again in Q1 and Q2 of 2023 leading The National Bureau of Economic Research to declare a recession. These figures represent a national sample of approximately 130 million accounts that comprise FICO® Advisors’ Risk Benchmarking solution.

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Jeff For Banks

AUGUST 29, 2016

Community financial institutions make their debut here, as they purchased bonds, typically highly rated, backed by mortgages that also had insurance applied to them. Note the absence of anything resembling a community bank. We should ask the same question about every article within Dodd-Frank. What could go wrong?

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South State Correspondent

JANUARY 20, 2023

2022 will go down as one of the worst years for community bank loan mispricing when viewed on a spread basis. In this article, we provide a loan pricing update and highlight some critical areas where banks can improve. This asymmetric pricing explains why many community banks go terminal during a downturn.

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Lending Community Bank Community Data 195

Filene

MAY 3, 2016

To recognize entrepreneurs and the impact they have on the heartbeat of our economy, we join millions of Americans celebrating National Small Business Week in May. And as we honor the large economic contributions of our nation’s small business community, it’s worth noting a growing trend in its development.

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Trends Marketing Community Lending 28

Qudos Bank

FEBRUARY 15, 2024

Leaning on your community, even just to talk, can help you put things in perspective. If you’re struggling and need to speak with a financial counsellor, you can call the National Debt Helpline on 1800 007 007. Normal lending criteria, terms and conditions and fees and charges apply. It’s a win-win.

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Taxes Management Online US 52

Lex Sokolin

DECEMBER 31, 2020

A cute little article about $90MM from order flow. The predecessor article is also pretty good , stating?—?The Decentralized Finance, Blockchain, and CBDCs Why Peer-to-Peer models fail against oligopoly, with Lending Club shutting down p2p platform, Seedrs/Crowdcube merging, and Morgan Stanley buying Eaton Vance for $7B.

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Fintech Bitcoin blockchain Google 52

Lex Sokolin

DECEMBER 31, 2020

A cute little article about $90MM from order flow. The predecessor article is also pretty good , stating?—?The Decentralized Finance, Blockchain, and CBDCs Why Peer-to-Peer models fail against oligopoly, with Lending Club shutting down p2p platform, Seedrs/Crowdcube merging, and Morgan Stanley buying Eaton Vance for $7B.

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Fintech Bitcoin blockchain Google 52

South State Correspondent

APRIL 10, 2023

This article explores the risk and what to do about it. 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.

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Lex Sokolin

OCTOBER 28, 2020

from virtual communities to augmented reality. Rather, communications and enterprise infrastructure. This Forbes article by Joe Cornell of Spin-Off Research lays it out for us in a neat org chart. Or see this article that references the transaction slides. Let’s do a complete turn this week to talk about infrastructure.

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Jeff For Banks

JULY 8, 2019

Which is becoming more challenging for the community financial institution due to heavy competition from money center and super-regional banks, credit unions, and fintech firms. I don't think community financial institutions can fund themselves solely from their commercial customers. My focus today is on consumer banking.

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Retail Community Taxes Strategy 60

Abrigo

MAY 8, 2024

Another example of using predictive AI is small business lending software that incorporates AI-driven lending intelligence. Abrigo Small Business Lending Intelligence powered by Charm provides loan rating risk scores, the probability of default, and how the score was calculated.

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Examples Fraud Resources Risk Management 221

Gonzobanker

DECEMBER 19, 2017

Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. For 35 years, Wilmers led M&T with creativity, integrity and the “old-school” wisdom of a community banker who created a $26 billion market cap company. Oh, by the way, that Fintech darling of two years ago Lending Club?

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Conference Industry Community Bank Community 101

Qudos Bank

FEBRUARY 27, 2023

Leaning on your community, even just to talk, can help you put things in perspective. If you’re struggling and need to speak with a financial counsellor, you can call the National Debt Helpline on 1800 007 007. Normal lending criteria, terms and conditions and fees and charges apply. It’s a win-win.

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Taxes Management Online US 40

South State Correspondent

MAY 1, 2024

With financial hardship, competition from dominant players, and a startup budget, Gentle Monster faced many of the same challenges as a community bank. This article highlights Gentle Monster’s five-step process that might change how you look at the future. Leveraging social media, Gentle Monster started to get traction.

Innovation 195

Innovation social media Branding Marketing 195

CFPB Monitor

JULY 1, 2015

A recent American Banker article written by officials of three community groups urges President Obama to publicly denounce Director Cordray for failing to issue regulations implementing the small business lending data requirements of Dodd-Frank Section 1071. Large banks in particular have a lot of room for improvement.”

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Community Lending Groups Data 60

Gonzobanker

FEBRUARY 18, 2015

What we do is really not that self-important; we borrow money from businesses and consumers and lend it back to them. I do wish, however, that some presenter had pined that there is still a place for mid-size banks that grow organically and have deep roots in the communities they serve. $5 5 billion is the new floor.

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American Banker

DECEMBER 1, 2016

Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms. American Banker readers share their views on the most pressing banking topics of the week.

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social media Community Bank Regional National 28

South State Correspondent

MAY 9, 2023

Over the last ten years, banks have reduced the differences in deposit rates between different areas, and now with the rise of technology and more national bank platforms, we see less and less geographical sensitivity to rates. The problem is – most core systems do not lend themselves to inspecting a time series of data.

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