CFPB Monitor

SEPTEMBER 21, 2020

Last week, the CFPB announced the appointment of new members to its advisory committees: Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). Nikitra Bailey, EVP, Center for Responsible Lending (Durham, NC). Community Bank Advisory Council .

DC 78

DC Mississippi Washington Oklahoma City 78

American Banker

MAY 6, 2016

Loan growth at several Boston banks, including many former mutuals, is higher than the national average. Still, bankers are closely watching for any indication that a bubble is forming.

Boston 28

Boston National Community Bank Community 28

American Banker

MAY 9, 2016

Boston Private Financial Holdings is expanding its footprint in California, opening a new office in Los Angeles on June 1. The company will have 35 offices nationwide, including 14 on the West Coast.

Boston 28

Boston Los Angeles California Company 28

Jeff For Banks

JUNE 1, 2019

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. years duration based on FHLB Boston's spot rates at the time of printing. Courtesy of their Sovereign Bank bailout, ummm… acquisition.

Community Bank 60

Community Bank Boston Community Analysis 60

American Banker

JANUARY 9, 2017

Eastern Bank in Boston has hired a former Citi Cards executive to oversee its consumer lending business.

Lending 28

Lending Boston Cards Community Bank 28

American Banker

NOVEMBER 1, 2020

Professional Holding has opened an office close to Boston to make loans to aspiring CEOs — often recent business school graduates — who are looking to buy their first businesses.

Florida 76

Florida Boston Community Bank Community 76

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.

San Antonio 60

San Antonio Kansas City Groups CA 60

PYMNTS

JUNE 27, 2019

Exploring the importance of the small business through the lens of its immediate community is a critical component of promoting education among entrepreneurs. According to Mathews, MainVest aims to encourage local investors to invest in businesses of their own community. This is beneficial in more ways than one, he noted.

Capital 145

Capital Community Oklahoma Maine 145

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.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

American Banker

AUGUST 12, 2020

The head of the Federal Reserve Bank of Boston said the central bank had acquired stakes in 32 business loans as of Monday, four times the amount from two weeks earlier.

Maine 41

Maine Boston Community Bank Community 41

Gonzobanker

DECEMBER 17, 2021

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. Like how does that play into our communities? 82% to over 2.3% Inspirational? You tell us.

Fintech 147

Fintech Strategy Leadership Lending 147

PYMNTS

APRIL 20, 2017

Here is an except of the conversation: PYMNTS: Can you describe your personal and/or professional experience with the tech community in Charlotte? The first reason is that the tech community here has just really started to establish itself over the past few years, and we’ve become a name that has become associated with the growth.

Charlotte 118

Charlotte North Carolina Community United States 118

Fintech Labs Insights

MARCH 14, 2024

For financial marketers, especially those in credit unions and community banks, the biggest event of the year, The Financial Brand Forum , is just two months away. For the most part, early-bird (or very-early-bird) prices are still in effect, so you can easily save $1,000 or more on a pair of tickets. But there is much more to choose from.

Conference 15

Conference Fintech Marketing Las Vegas 15

American Banker

SEPTEMBER 21, 2016

Brookline Bancorp in Boston has promoted its head of commercial real estate lending to leader of its entire banking unit.

Boston 28

Boston Lending Community Bank Community 28

American Banker

JUNE 19, 2020

Worried about a lack of demand and that some of their customers are ineligible, community banks are still on the fence about participating in the effort to back loans for businesses recovering from the pandemic crisis.

Maine 64

Maine Community Bank Community Boston 64

Independent Banker

OCTOBER 29, 2014

Big-brand megabanks, the Visa and MasterCard networks, and big-box merchants had signed up to become partners with Apple’s universal retail smartphone app that uses Near Field Communication and tokenization technologies. So where do ballyhooed mobile banking and payments developments among the biggest players leave community banks?

Mobile 105

Mobile Community Bank Community Technology 105

American Banker

APRIL 14, 2016

A month after introducing the Express Business Loan for its customers, Eastern Bank in Boston says it is in talks with several banks across the U.S. to license the product.

Boston 28

Boston Community Bank Digital Banking Community 28

Independent Banker

JULY 31, 2022

Fallout from recent global events presents an obstacle to generating revenue for community banks. Since COVID-19, profitability planning for community banks has mainly hinged on how the government was coping with the pandemic and the key role financial institutions played in keeping the economy afloat. By Elizabeth Judd.

Strategy 135

Strategy Community Bank Louisville Community 135

Jeff For Banks

MAY 29, 2011

As George Millward, a colleague of mine at The Kafafian Group, tells me: “strategy drives structure” (most likely a Peter Drucker quote, as told to me by Ron Shevlin of Aite Group in Boston. Customers are surely one of an FI’s constituencies, along with employees, communities, regulators, and in some cases shareholders. thanks Ron!).

Strategy 78

Strategy Customer Experience Video Boston 78

Fintech Labs Insights

MARCH 28, 2016

Three Finovate alums brought in new cash: Kreditech raised $11 million for its banking and lending services for the underbanked. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. Automated lending solutions for financial institutions. Automated lending solutions for financial institutions.

Company 12

Company Fintech San Francisco New York City 12

William Mills

MAY 11, 2016

This is an extension of business services, powered by a local community bank. This certainly adds a lot of technological capacity to the community bank. Malauzai enables the community bank to build their own app, “local mobile wallets.” Provider of mobile banking to the community banking space; here to launch MOXPay.”

Video 40

Video Mobile social media Analytics 40

Celent Banking

JANUARY 23, 2017

Lending Product – for the most impressive consumer or business lending or collections initiative. Financial Inclusion – for efforts to bring financial services to unbanked and under-banker communities. We will be announcing all winners publicly on April 4 at our 2017 Innovation & Insight Day in Boston.

Risk Management 100

Risk Management Innovation Case Study Boston 100

Independent Banker

NOVEMBER 30, 2021

Many hotels and other hospitality businesses haven’t fully bounced back from COVID-19 travel and safety restrictions, but community banks have been by their side through the challenges. For other borrowers, the $596 million-asset community bank allowed deferrals of principal or, in some cases, full payment deferrals. Photo: R.J.

Community Bank 209

Community Bank Community Texas Dallas 209

Jeff For Banks

DECEMBER 29, 2021

The bank was founded in 2006 and operates 19 full-service branch locations in multi-ethnic communities in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. and equipment lending and asset based lending through Triumph Commercial Finance. (Nasdaq: MCBS) MetroCity Bankshares, Inc., It was founded in 1983.

Capital 78

Capital Texas Metro North Carolina 78

PYMNTS

DECEMBER 7, 2018

Though not venture capital, the private equity raised for New Jersey-chartered community bank Cross River Bank is noteworthy not only for its impressive price tag of $100 million, but for its reflection of investors’ support for financial institutions that collaborate with the tech startup scene. Cross River Bank.

Analytics 176

Analytics Data Capital Software 176

CB Insights

NOVEMBER 9, 2017

via Beta Boston. Select VC Investors: VantagePoint Capital Partners, Lend Lease Ventures. In a Boston Globe interview in January, he had indicated that the company’s financial performance was a pressing concern. ” via Boston Globe. via Boston Magazine. Total disclosed funding: $150.4M. Company: Rdio.

Capital 78

Capital Company San Francisco Operations 78

Jeff For Banks

APRIL 14, 2022

Bye Bye Banks: The End of Community Banking as an Engine of Economic Growth 2010 Robert H. The Maze of Banking: History, Theory, Crisis 2015 Gary B. Gorton Gorton, Gary B. Smith Smith, Robert H. Smith Smith, Robert H. Dead Bank Walking: One Gutsy Bank's Struggle for Survival and the Merger that Changed Banking Forever 2010 Winthrop H.

America 78

America National Denver United States 78

CB Insights

OCTOBER 31, 2017

Fresco’s head of community marketing, Johnathan Hamiter, began sending employees private Slack messages saying funding seemed “pretty bleak” and encouraging them to look for other jobs. Imzy was created by former Reddit employees Dan McComas and Jessica Moreno as a safer, friendlier version of the popular community site. Around 4 p.m.,

Company 78

Company US San Francisco Capital 78

PYMNTS

OCTOBER 11, 2017

Last week, after five years of debates, discussions, arguments and waiting, the Consumer Financial Protection Bureau’s (CFPB) final rules for payday lending dropped. Even more surprising is that the editorial boards and writers at The Washington Post and The Boston Globe agree with them, given their historical pro-CFPB stance.

Lending 109

Lending Regulation Guidelines FDIC 109