Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Janet Silveria, Community Bank of Santa Maria. So, what’s at the top of community bank leaders’ to-do lists? What changes will 2022 bring?

Community Bank 144

Community Bank Community Lending Louisiana 144

PYMNTS

JUNE 28, 2019

Representative Nydia Velázquez (D-NY) is calling on lawmakers to address predatory lending to small businesses (SMBs), The Washington Post reported on Thursday (June 27). “By ending confessions of judgment in commercial lending, we can stop some of the abuses that are crippling honest small business owners,” she said.

Lending 129

Lending Washington US New York 129

Abrigo

APRIL 21, 2020

Key Takeaways Beneficial State Bank, a Community Development Financial Institution (CDFI) was able to award SBA approval for 333 Paycheck Protection Program loans worth $94.5 The CDFI instated Abrigo's SBA Lending technology platform and systemized approach soon after business owners were able to begin applying for PPP loans.

Security 195

Security Lending Community Oakland 195

PYMNTS

SEPTEMBER 25, 2020

The grants are part of the San Jose, California-based worldwide online payments system’s $530 million pledge made earlier this year to strengthen minority communities and fight for economic equality and racial justice. “To PayPal Holdings Inc. provided $5 million in grants to support Black-owned businesses in the U.S.

San Jose 261

San Jose Baltimore Nebraska Community 261

American Banker

JULY 9, 2020

Two state assembly members introduced legislation that would let the California Infrastructure and Economic Development Bank accept deposits from public entities and provide financing to small businesses and local governments.

California 65

California Community Bank Community Lending 65

American Banker

FEBRUARY 5, 2021

First Foundation is relocating its corporate headquarters to Dallas, where the tax burden is lighter and it sees more opportunity to beef up lending, add wealth management clients and pursue acquisitions of community banks.

Taxes 65

Taxes Texas Dallas California 65

American Banker

FEBRUARY 7, 2020

Sierra Bancorp in Porterville has formed dedicated lending teams in Sacramento and Greater Los Angeles in its bid to accelerate loan growth following a sluggish 2019.

Los Angeles 45

Los Angeles Sacramento Lending California 45

Abrigo

SEPTEMBER 5, 2023

unsecured lending is bad rather than unsecured lending should only be extended to high pass risk rated credit). Path to removal – Sometimes an exception is like the Hotel California – you can check out anytime you like, but you can never leave. It just stays on forever.

Policies 195

Policies Lending Risk Management Examples 195

American Banker

JULY 21, 2016

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.

California 28

California Lending Company CA 28

PYMNTS

MARCH 21, 2019

Aura , a community development financial institution that provides cost-friendly loans to families, has completed a $50 million private social bond issuance, the company announced on Thursday (Mar. The money from the issuance will allow for 32,561 credit-building loans to what the company calls underserved and underbanked communities.

Arizona 107

Arizona Illinois Community Capital 107

Independent Banker

JULY 31, 2022

Observing the gap in pandemic relief in south Florida due to a lack of local community banks, a trio of banking veterans teamed up to form a digital-first community bank—and were granted a charter in record time to support local businesses. By Katie Kuehner-Hebert. Name: Locality Bank. Assets: $55 million. Filling a need.

Florida 91

Florida Community Bank Community FDIC 91

Abrigo

MAY 22, 2020

There are lot of similarities between CRBs and community FIs: Both are community-focused businesses both rely heavily on human-human interaction, and despite everything that’s going on, both largely are experiencing growth,” said Mike Kennedy, Head of Product at Abrigo, during the webinar. Lending & Credit Risk. SBA Lending.

Lending 195

Lending Industry Taxes Community 195

Abrigo

JUNE 25, 2015

During leaner years is often when the demand for ag loans increases , as it’s common for those full-time farmers to tap into their community bank to cover operating costs or invest is other lines of the agricultural business. The biggest name in ag lending is unlikely to be a surprise – John Deere Financial FSB.

Community Bank 150

Community Bank Sacramento Lending Wisconsin 150

Independent Banker

OCTOBER 1, 2021

Ponce Bank has brought banking services to minority neighborhoods in the Bronx and greater New York City for more than six decades with a clear focus on community investment. They named the community bank after the Spanish explorer and governor of Puerto Rico, Juan Ponce de León, to honor its founders’ roots. “If Focused on community.

Puerto Rico 113

Puerto Rico New York City Community New York 113

PYMNTS

JULY 24, 2019

Maxine Waters of California said the merger, the largest in the sector since the financial crisis, may be “too big to manage.”. Community banks and credit unions are likely to go out of business, he said, “and they do not have the money to launch these mobile banking platforms.” billion for small business lending.

Community 130

Community Massachusetts United States California 130

Independent Banker

DECEMBER 1, 2021

The idea that community banking can be a force for positive change is at the heart of Beneficial State Bank, which engages its customers through financial activism. billion-asset community bank in Oakland, Calif., When it comes down to it, though, the community bank’s mission is radically simple. Photo: Ashley Courter.

Oakland 153

Oakland Community Community Bank Leadership 153

PYMNTS

DECEMBER 17, 2018

The Federal Reserve began raising interest rates about three years ago from almost zero, and after the financial crisis, many small and regional banks ramped up their lending with long-term and low-rate loans. While profit margins for lending at all sizes of banks are still rising, smaller banks’ profit margins have begun to go south.

Virginia 144

Virginia Lending New York National 144

Jeff For Banks

DECEMBER 10, 2023

Communities First Financial Corporation (Now FFB Bancorp) (OTCQX: FFBB) #2. Treasury as a Community Development Financial Institution (CDFI). Treasury to be used to help underserved communities bounce back from the Covid-19 pandemic. Coastal Financial Corporation (Nasdaq: CCB) #3. OFG Bancorp (NYSE: OFG) #4. The Bancorp, Inc.

Fresno 107

Fresno North Carolina Raleigh FDIC 107

PYMNTS

AUGUST 25, 2016

One of these lenders, Clearinghouse Community Development Financial Institution , better known as Clearinghouse CDFI, offers an interesting view into the state of SME finance. The company takes a more narrow focus to small business lending than some other FIs by targeting the western U.S. A Regional Reach. A Regulatory Touch.

Regulation 100

Regulation Lending Community California 100

PYMNTS

JANUARY 7, 2021

Collaboration continues to drive expansion of SMB lending for the Community Development Financial Institution (CDFI) Opportunity Fund , which has announced partnerships with several credit unions (CUs), including Meriwest Credit Union, Self-Help Federal Credit Union, and UMe Credit Union.

Strategy 196

Strategy Fintech California Community 196

Bussman Advisory

MARCH 9, 2024

The latest edition of the FinTech Ecosystem Newsletter is here : Join our Community Join our community of 52,000+ subscribers and stay informed on the latest trends and news in the FinTech & AI world with the weekly newsletter provided by Bussmann Advisory.

CA 52

CA Video Fintech New York 52

CFPB Monitor

FEBRUARY 20, 2020

The OCC and FDIC announced yesterday that they have extended the 60-day comment period for their joint proposal to revise their regulations implementing the Community Reinvestment Act that was published in the Federal Register on January 8, 2020. As extended by 30 days, the comment period ends on April 8, 2020.

FDIC 78

FDIC Community California National 78

American Banker

DECEMBER 8, 2020

Montecito Bank in California began streamlining originations after a natural disaster decimated its community in 2018. The move paid off when the COVID-19 crisis hit and the bank had to quickly step up efforts to help clients.

California 81

California Community Banking 2020 Digital Banking 81

South State Correspondent

SEPTEMBER 20, 2023

For example, if you are a bank in California, Florida, New York, or Pennsylvania, going after private schools, colleges, or insurance companies should be considered due to not only the large number of target institutions but also the size of those institutions, which lends itself to having multiple banks.

Management 195

Management Survey Industry Community Bank 195

Jeff For Banks

FEBRUARY 12, 2024

Perry's perspective is clearly focused on shareholder value and may be viewed as shareholder primacy, a sometimes derogatory term because pursuing shareholder value could be done at the expense of other stakeholders, such as employees, customers, and communities. In 2018, started its LIHTC lending line. shareholder value.

Columbus 112

Columbus Indianapolis Capital Community Bank 112

ABA Community Banking

MAY 22, 2015

SNL Regional Report: San Diego shimmers, allowing banks to boost lending Management Financial Trends Community Banking.

San Diego 40

San Diego California Community Bank Regional 40

CFPB Monitor

OCTOBER 11, 2018

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. The summit speakers included Grovetta Gardineer, the Senior Deputy Comptroller for Compliance and Community Affairs at the OCC. For an analysis of the DFS lawsuit, click here.). In her remarks and responses to questions, Ms.

Policies 60

Policies Lending Data Online 60

Independent Banker

FEBRUARY 24, 2016

Georgia bank propels major growth through niche SBA lending. When Richard Bradshaw became president of specialized lending three years ago at United Community Bank in Blairsville, Ga., the bank’s three-person Small Business Administration department was lending about $10 million a year. By Howard Schneider.

Community Bank 70

Community Bank Lending Community Georgia 70

CFPB Monitor

NOVEMBER 24, 2021

On November 22, 2021, the CFPB filed its seventh status report with the California federal district court hearing the lawsuit brought by the California Reinvestment Coalition, National Association for Latino Community Asset Builders, and two individual plaintiffs in 2019.

Report 78

Report California Conference Community 78

American Banker

MAY 20, 2016

California Bank of Commerce in Lafayette has raised $9 million to help it exit the Small Business Lending Fund.

California 34

California Lending Community Bank Capital 34

ABA Community Banking

DECEMBER 14, 2015

SNL Report: State’s banks generate strongest loan growth on West Coast Management Financial Trends.

California 40

California Lending Trends Management 40

PYMNTS

JUNE 15, 2020

While our lending business has served Main Street small businesses for years, we knew that as our sellers and their communities were facing deep economic uncertainty, we could play a meaningful role in disbursing stimulus funds,” said Jacqueline Reses , the head of Square Capital, in a statement.

Capital 141

Capital San Francisco New Jersey Massachusetts 141

Independent Banker

FEBRUARY 24, 2016

Just about every community bank makes commercial real estate loans. A whopping 95 percent of ICBA members are active commercial real estate (CRE) lenders, according to the latest ICBA Community Bank Lending Survey. Responsible lending. Smart for California. By Howard Schneider.

Community Bank 70

Community Bank Lending Community Regulation 70

Independent Banker

APRIL 30, 2022

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success. Philadelphia.

Community Bank 172

Community Bank Community Montana Taxes 172

Jeff For Banks

DECEMBER 16, 2022

Communities First Financial Corporation (OTCQX: CFST) Communities First Financial Corporation is the bank holding company for Fresno First Bank , which opened in December 2005 dedicated to meeting the banking needs of businesses, professionals, and successful individuals in Central California. billion of total assets, $36.7

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

CFPB Monitor

MARCH 17, 2020

As previously reported , pursuant to the Economic Growth, Regulatory Relief and Consumer Protection Act (Act) the CFPB is conducting rulemaking to extend Truth in Lending Act ability-to-repay requirements to PACE transactions.). The deadline to respond to the request was March 16, 2020.

Industry 78

Industry Missouri Groups Florida 78

Gonzobanker

FEBRUARY 23, 2022

Early adopters are earning prestige while investors and a hoard of community banks explore the opportunity to tap into this new source of revenue. While customer relationships are being redefined by fintechs, there will always be a place for community banking. Early leaders like Coastal Community Bank in Everett, Wash.,

Community Bank 133

Community Bank Strategy Risk Management Fintech 133