PYMNTS

AUGUST 20, 2020

What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but already enjoying competitive advantages? Millions of smaller businesses are grappling with the impacts of the pandemic. The smallest loan, at $1.5

Maine 218

Maine Lending Pennsylvania Boston 218

Jeff For Banks

JULY 5, 2022

I know, my first job in banking in 1985 at Northeastern Bank of Pennsylvania was making microfiche. In Pennsylvania, Rocket has number 1 market share. They are/were the business owners, demanders of capital and loans, and significant depositors. And a branch, on average, cost about 1% of deposits in direct operating expenses.

Millennials 78

Millennials Community Pennsylvania Community Bank 78

Jeff For Banks

DECEMBER 28, 2023

I work for The Kafafian Group, a community bank consulting firm based in Bethlehem, Pennsylvania. Many of my readers might not know what my firm does, so I want to dedicate this post to the problems we help community bankers solve. We guide your institution into creating an operating plan, or the "how" to strategy execution.

Groups 85

Groups Capital US Community 85

PYMNTS

JANUARY 29, 2020

As online lending platforms proliferate among the SMB borrowing community, however, experts warn that a lack of regulation means these companies rarely publicly reveal interest rates and fees. On top of that, MacKrell said the government is not sufficiently enlightening the small business community about the risks of online lenders.

Lending 136

Lending New York Online New Jersey 136

Jeff For Banks

DECEMBER 13, 2018

Total return includes two components: capital appreciation and dividends. This is clearly a turnaround situation, as the bank lost over $12 million in 2010, over 20% of its capital (ouch). is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon. Welcome to the list! #2. And to them I say.

Oregon 101

Oregon Ohio California Community Bank 101

Jeff For Banks

DECEMBER 7, 2019

Total return includes two components: capital appreciation and dividends. billion in assets community bank with 22 branches that encircle the Seattle Sound. Two weeks ago I was at Cara Mia's having a chicken parm two blocks from their headquarters in Dunmore, Pennsylvania. First Capital, Inc. Pretty impressive.

Indiana 78

Indiana Oregon South Dakota Community Bank 78

Jeff For Banks

JULY 14, 2021

The CFO's role then is to make sure that capital is available at the right cost for these choices to be profitable, and that the company has processes and decision making rules for capital allocation to support that growth." J4B Take : The greatest uncertainty facing community banking is relevance.

Capital 78

Capital Strategy Management Company 78