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3 Ways Credit Union Are Driving Growth

Abrigo

According to the Credit Union National Association (CUNA) , credit unions had a record year in 2015, with 3.7 Creating top-rated apps Banking is becoming increasingly mobile, as checks are now frequently deposited and money can be transferred via the convenience of an application on a smart phone.

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Managing Stagflation Credit Risk in Banking – Part III

South State Correspondent

In a stagflation environment, as interest rates rise and cash flow (earnings before interest, taxes, depreciation, and amortization (EBITDA), or net operating income (NOI)) decreases, the borrower’s capacity to service debt as measured by the debt service coverage ratio (DSCR) decreases rapidly. in December 2021).

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Lending to nonprofits: Considerations for credit analysis

Abrigo

nonprofits are also opaque, considering only a small percentage is required to file some version of Form 990, the return for organizations exempt from income tax. notes that some nonprofits facing tighter funding from federal and state governments are turning to community banks for commercial loans and lines of credit.

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Growing your firm’s advisory services: Financial management

Abrigo

The transition from compliance to consulting makes sense: tax season is just that, a “season,” and nearly 60 percent of respondents to a Sageworks survey indicated they saw an increase in total revenue by adding financial services to their accounting practice.

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What's With Regulator Agita Over Bank Commercial Real Estate Lending?

Jeff For Banks

The Great Recession lasted from the fourth quarter 2007 through the second quarter 2009, according to the National Bureau of Economic Research. For the below chart, I took every bank and savings bank, not federal thrifts because during this time they still filed TFRs versus Call Reports, and therefore their loan categories were different.

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Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

(Nasdaq: OSBC) Old Second is a single-bank holding company headquartered in Aurora, Illinois. The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona.