Eastern bank in Mass. taps Citi cards exec to lead consumer lending
Payments Source
JANUARY 9, 2017
Eastern Bank in Boston has hired a former Citi Cards executive to oversee its consumer-lending business.
Boston Cards Community Lending 
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The Main Street Rescue That Wasn’t (And Still Isn’t)
PYMNTS
AUGUST 20, 2020
What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but already enjoying competitive advantages? They are also too large to get funding through programs solely focused on small business lending.
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Trending Sources
Strategies for fighting remote authentication fraud
Independent Banker
NOVEMBER 30, 2021
Experts say community banks can use education, biometrics and solid cybersecurity practices to fight this growing area of crime. Say a scammer calls a community bank customer and gains their trust by using information obtained from a major data breach. By Elizabeth Judd. Examples of remote authentication fraud. New account fraud.
Eastern Bank in Mass. Taps Citi Cards Exec to Lead Consumer Lending
American Banker
JANUARY 9, 2017
Eastern Bank in Boston has hired a former Citi Cards executive to oversee its consumer lending business.
Bankers: Is It Worth Buying Checking Accounts
Jeff For Banks
JUNE 1, 2019
Aside from credit cards, I don't get much attention from bankers or financial advisors. I've heard opinions on whether a community bank should buy checking accounts. A community bank head of consumer lending recently told me he did the same with a Key Bank offer. At least somebody noticed.
The Case For Localizing Mom-And-Pop Investment
PYMNTS
JUNE 27, 2019
For businesses with between 20 and 99 employees, credit cards remain their top financing source, while bank loans are more commonly reserved for firms with between 100 and 500 employees. According to Mathews, MainVest aims to encourage local investors to invest in businesses of their own community.
CFPB announces new appointments to advisory groups
CFPB Monitor
SEPTEMBER 21, 2015
The CFPB announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council. New members to the Consumer Advisory Board will serve three-year terms and new members to the Community Bank and Credit Union Advisory Councils will serve two-year terms. Kathleen C.
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