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Tax Reform Shows Early Signs Of SMB Bank Lending Impact

PYMNTS

tax reform led to much chatter and some confusion about exactly how changes would impact the nation’s small businesses (SMBs). Department of Treasury finalized rules that apply to SMBs on qualifying for a 20 percent tax deduction, with the National Federation of Independent Business (NFIB) applauding the initiative.

Taxes 122
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Small Business Lending Is Crucial in Fighting the Deposit Wars

Gonzobanker

For bankers to be successful in the small business lending market, they need to execute on several key tenets: strategy, people, process and technology. Another key player for successful small business banks is the vice president of business lending, who manages the relationship managers and reports to the chief lending officer.

Lending 78
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Time Tried, Panic Tested. The Forgotten Story of the First National Bank of Keystone

Jeff For Banks

The bank, First National Bank of Keystone, was $1.1 billion in assets, had 87 full-time equivalent employees, and accounted for two-thirds of the town's tax revenue. And so went the birth of First National Bank of Keystone's meteoric rise. Nationwide lending! Booking the valuable "gain on sale of loans".

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Community banks are thriving in Texas

Independent Banker

Corporate relocations and expansions—influenced by factors like affordability, low corporate tax rates, no personal income tax and a rich talent pool—have contributed to a momentum that isn’t likely to subside soon. Since opening the loan production office, the community bank has booked about $105 million more in loans.

Texas 182
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Retail Crisis In U.S., U.K. A Fizzle For 2020?

PYMNTS

National Returns Day : The dawn of the new year heralds a spike in returns of unwanted gifts. 2 is likely to go down in the record books with a 26 percent spike in gifts sent back to retailers. But online lending companies are seeing a surge in digital loans — up 19 percent year over year in 2019. According to stats, Jan.

Retail 131
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Bank Customers Lose Real Money

Jeff For Banks

Heck, maybe there'll be a reassessment and your real estate taxes will go down. Taxes go down? Retiree: That's Not So Funny To the retiree that prefers the safe haven of FDIC insured deposits held at the local bank that lends it out locally, this is a serious issue. I made a funny.

Taxes 78
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Get An Education Loan For Your Kid’s Higher Studies

BankBazaar

An education loan will cover tuition fees, exam and library fees, the cost of books, accommodation costs, travelling expenses for overseas study, equipment charges like the cost of a laptop, and any other education-related expenses. The final loan amount is at the sole discretion of the lending institution. Tax Benefits.

Study 78