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Lenderfit Launches SMB Lending Tech In Beta

PYMNTS

Reports in Insider Louisville said the Louisville-based startup launched in beta this week, according to CEO David Taliaferro. The firm digitizes the process to initiate and complete a small business loan while maintaining communication with the borrower so everyone can gain visibility into progress made. .”

Lending 128
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How to keep good employees

Independent Banker

From left: Heather Kelley, Jan Button-Minton, Andrew Pyles and Ro Byrd of Eclipse Bank in Louisville, Ky., Job seekers are in the driver’s seat across most industries, including community banking,” says Lindsay LaNore, group executive vice president and chief learning and experience officer for ICBA. Photo: Chris Cone.

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Regulation and Compliance: Ready for Review

Independent Banker

Anticipating what’s new for your community bank’s next field examination. This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. As Barr points out, most community banks—close to 75 percent—are now growing their loan portfolios. By Karen Hoffman.

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Uber Of X: Truxx Is The Uber Of Moving

PYMNTS

CS: That’s easy: The Uber of X is a shared service that leverages unused capital to provide a community service. We want to put that unused capital to use to the economic benefit of the owners. Also, launch Truxx in Philadelphia, Atlanta and Louisville. Truxx is a great example. PYMNTS: What are Truxx’s 2017 goals?

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Porter in Ky. Raises $5M, Gets Current on Certain Dividends

American Banker

Porter Bancorp in Louisville, Ky., used part of $5 million it raised in a private placement to become current on interest payments on some debt holdings.

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Onovative Raises $1 Million in New Funding

Fintech Labs Insights

“(We) feel that this round of funding gives us the ability to continue to achieve our vision of providing community banks and credit unions with software that is simple to use and affordable.” The round was led by the Bluegrass Angels Fund.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. First Community Bank of the Heartland, Inc.