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CRE risk management: Navigating hazards and opportunities

Abrigo

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether.

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SAFE Banking Act returns to Congress: Is safe harbor for cannabis banking on the horizon?

Abrigo

This lack of access to financial services hinders these businesses’ abilities to gain a market foothold and contributes to the flourishing of an unregulated, underground marketplace. Sherrod Brown, D-Ohio, in the same hearing.

Lending 195
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The Balancing Act Between PPP’s Letter And Spirit Of The ‘Law’

PYMNTS

They are doing it because they can,” said Chris Olsen, a venture capitalist with Drive Capital Partners in Columbus, Ohio, in an interview with the Times. It might be argued that the relatively well-capitalized firms have taken spots that would have been reserved for companies in dire straits. They view it as free money.”.

Columbus 149
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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending. • Cleveland, Ohio – First Federal Savings and Loan Association ($955 million). Flagstar capitalizes on going local, too.

Cleveland 150
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The benefits of small business relationships

Independent Banker

One community bank relying on its internal talent is $596 million-asset The Community Bank in Zanesville, Ohio. “In One Community Bank has excellent relationships with the nonbank small business advisory programs in its south-central Wisconsin market.

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Finovate Alumni News

Fintech Labs Insights

Misys introduces cloud-based, retail banking platform for German market. Xero announces new partnership with Capital One to give SMEs more control over their data. Zopa wins full FCA authorization for P2P lending. Ohio-based Apple Creek Bank chooses core account processing and back office solutions from Fiserv.

Ohio 15
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Regulation and Compliance: Ready for Review

Independent Banker

In the past couple of years, regulators have become more interested in risk management, strategic and capital planning, succession planning, compliance (particularly Bank Secrecy Act compliance), third-party relationships and interest rate risk, according to David Baris, partner for BuckleySandler LLP in Washington, D.C. in Kent, Ohio.