PYMNTS

JUNE 13, 2017

Which means it really doesn’t come as all that huge a surprise that as of June 6th, SoFi had applied for a new (de novo) bank charter according to the FDIC. Instead, SoFi as a bank will exist so it can “provide its customers an FDIC insured NOW account and a credit card product. SoFi has confirmed the news.

FDIC 100

FDIC Utah Millennials ATM 100

Jeff For Banks

AUGUST 14, 2022

The FDIC's quarterly Supervisory Insights for Summer 2011 had a list! Imagine the community bank that is experienced in lending to fuel oil businesses in or near its markets because it's comfortable using trucks, tanks, and oil inventory as collateral. Let bankers determine if lending to this industry or that is risky.

Operations 78

Operations Lending FDIC Industry 78

PYMNTS

MARCH 26, 2020

But as of 2020, it is a subject upon which seasoned experts can disagree, in a world where traditional banks and FinTechs are operating in parallel in the market – and, in many cases, are offering similar services for consumers. What we learned was interesting. And we saw the banks move pretty aggressively to try to close that gap.

Innovation 241

Innovation Fintech Data Examples 241

CFPB Monitor

JUNE 25, 2020

Until the FDIC and Board of Governors of the Federal Reserve System take action, state nonmember banks and state member banks will continue to comply with the current rule, as codified in 12 CFR Part 228 and Part 345. Small and intermediate banks must comply with the rule by January 1, 2024. Qualifying Activities.

Community 97

Community Lending Meeting Retail 97

Jeff For Banks

MARCH 29, 2014

Lending services include commercial loans to small to medium-sized businesses and professional concerns as well as consumers. We believe we can effectively compete as a community bank in our market area and the niche markets we serve. We focus our marketing efforts in three areas.

Strategy 101

Strategy Texas San Antonio Fort Worth 101

William Mills

SEPTEMBER 9, 2016

Targeted at Marketing, execs, lines of business owners, etc. International lending platform – Create opportunities for Investors. 2015 formed aspire to address inefficiencies in alternative lending market. 09:43 am iBank Marketing – [link]. Now showing the use case on a mobile device and an ATM.

social media 40

social media ATM Mobile Customer Experience 40

Abrigo

NOVEMBER 29, 2021

Financial institutions generate most of their income by lending and investment activities. Noninterest income includes income from such items as overdraft fees, service charges, loan origination fees, and ATM fees. An important source of revenue. However, a portion of revenue comes from noninterest income.

Community Bank 195

Community Bank Community FDIC Trends 195