Remove Capital Remove Community Remove Management Remove Philadelphia
article thumbnail

Banks and CDFIs: Partnering for community impact

Abrigo

And to thrive, those customers need economically diverse and healthy communities in which to live and work. Partnering with local organizations to promote the health of those communities is often a top priority for banks. Most commonly structured as revolving loan funds, CDFIs intermediate capital between investors and underserved U.S.

Community 246
article thumbnail

Philly Consortium Advances ‘Regenerator’ Concept For SMBs

PYMNTS

Put forth by a consortium of Philadelphia-area advocacy groups and academics, a Regenerator is a kind of public-private partnership that will coordinate available resources and find new ones to help individual businesses survive. “As The federal role will extend beyond capital,” Katz noted. It’s called Main Street Regenerators.

Maine 138
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

WSFS Buys Wealth Manager in Philadelphia

American Banker

has bought the assets of West Capital Management in Philadelphia. WSFS Financial in Wilmington, Del.,

article thumbnail

The benefits of micro-lending programs

Independent Banker

These community banks are working to fix that through microlending programs. Now, some community banks are launching microlending programs to redress the balance. That realization sparked the idea at Summit Bank to create a microloan program that would target underserved groups in its communities. By Beth Mattson-Teig.

Lending 150
article thumbnail

Loan-pricing models: What to consider for loan origination software

Abrigo

One overall benefit of effective loan pricing is that it is one of the many ways a financial institution can optimize capital. Adams, supervising examiner at the Federal Reserve Bank of Philadelphia, pricing is a key underwriting factor that should be addressed as part of a sound loan policy. According to James L.

Software 195
article thumbnail

Loan-pricing models: What to consider

Abrigo

One overall benefit of effective loan pricing is that it is one of the many ways a financial institution can optimize capital. Adams, supervising examiner at the Federal Reserve Bank of Philadelphia, pricing is a key underwriting factor that should be addressed as part of a sound loan policy. According to James L.

Capital 150
article thumbnail

The top-performing community banks of 2021

Independent Banker

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.