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Food for Thought: A Policy on Credit Exceptions

Abrigo

Finally, while there may be a distinction in the severity of risk of the credit exception, that assessment tends to be inherent in the exception itself rather than the subject of the exception (e.g., unsecured lending is bad rather than unsecured lending should only be extended to high pass risk rated credit).

Policies 195
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Community Bank CEO Outlook 2022: Your priorities for the new year

Independent Banker

That’s followed by residential mortgage lending (36.3%), small business lending (32.1%), commercial and industrial (C&I) lending (30%) and agricultural lending (23.6%). For example, we don’t do mortgage lending right now, because we don’t have the compliance expertise and staff knowledge,” Silveria says.

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Hot Wheels

Independent Banker

Competition and regulatory risk in car lending race off. Indirect auto lending has played a major role for Security Federal Savings Bank in Jasper, Ala. Today Security Federal Savings’ vehicle-lending portfolio has been reduced to $3 million. Current lending practices can’t produce profitable car loans, Thompson adds.

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Hot Wheels

Independent Banker

Competition and regulatory risk in car lending race off. Indirect auto lending has played a major role for Security Federal Savings Bank in Jasper, Ala. Today Security Federal Savings’ vehicle-lending portfolio has been reduced to $3 million. Current lending practices can’t produce profitable car loans, Thompson adds.

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2021 GonzoBanker Awards

Gonzobanker

Union has been a stalwart of the California marketplace since the ’50s, and this gives Andy Cecere and team a great expansion into the Golden State and also some nice wholesale banking business. We salute a legend of lending and credit union leadership. However, we had to give the best acquisition award to U.S. Has it worked?

Fintech 147
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Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

HQ: Oakland, California. HQ: Danville, California. HQ: San Francisco, California. HQ: Palo Alto, California. Marketplace small business lending platform. Income tax service. HQ: Los Angeles, California. HQ: San Francisco, California. HQ: Burlingame, California. Total raised: $224.9

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Fintech Fundings: 22 Companies Raise $300 Million Plus 2 IPOs Raise $5.9 Billion

Fintech Labs Insights

HQ: Palo Alto, California. HQ: San Jose, California. 401(k) management. HQ: San Francisco, California. Tags: Enterprise, underwriting, credit, lending, analytics, API, Life.SREDA (investor). HQ: Atlanta, Georgia. Latest round: $135 million at $1 billion valuation. Total raised: $600 million. Source: Finovate.