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Credit unions continue to see growth in auto lending

Abrigo

Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. Utilizing the Sageworks Bank Information platform, Sageworks recently examined how steadily auto lending at credit unions – specifically for new vehicles – grew in 2014.

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The Top 20 Venture Capitalists

CB Insights

Operating Location: San Francisco, CA. Operating Location: San Francisco, CA. Operating Location: Menlo Park, CA. Operating Location: San Francisco, CA. Operating Location: Menlo Park, CA. Operating Location: San Francisco, CA. Current Firm: Benchmark. Current Firm: Sequoia Capital. BRIAN SINGERMAN.

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The Battle Begins: Banks Take On Online Lending Rivals

American Banker

Are big banks too lumbering to be real competitors to online lending startups? Goldman Sachs, Wells Fargo and Quicken have all entered the digital lending business, putting early entrants on the defensive. We're about to find out.

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A Lending Boom at Banc of California

American Banker

Banc of California's second-quarter profits soared on stronger lending and credit quality. billion-asset company increased net income 66% from a year earlier to $26.5 million, it said in a news release Thursday.

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The top-performing community banks of 2021

Independent Banker

Brazos National Bank. Douglas National Bank. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. FSNB, National Association. Pioneer Trust Bank, National Association. AMG National Trust Bank.

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Schwab, BBVA Compass, Mechanics Bank Invest in Nonprofit Lender

American Banker

Charles Schwab Bank, BBVA Compass and Mechanics Bank are among the latest investors in a California microfinance firm that specializes in small-business lending.

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C&I Is Safer than Construction Loans, Right? Maybe Not

American Banker

The latest lending figures show just how prodigious banks' shift from construction to C&I loans has been since the crisis. Yet a hard look at C&I credits, especially their loss rates, raises questions about whether they are safer.

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