Cards Community FDIC Operations 
Abrigo
DECEMBER 2, 2014
To provide a report card on industry status and performance, the FDIC publishes a Quarterly Banking Profile. Results from the third quarter were just released, and while overall results were positive, community banks in particular excelled. Community banks’ net income grew almost 11 percent to $4.9
PYMNTS
JANUARY 13, 2021
All eyes are on the small business community in the commercial card world as industry players increasingly explore how card products can help Main Street recovery and stay in business. Small Business Card Use On The Rise. Use of a charge card similarly grew year over year from 23 percent to 31 percent.
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PYMNTS
FEBRUARY 24, 2016
That growth, the FDIC said, came mainly from a $6.8 billion boost in net operating revenue, accompanied by a $2.7 More than half of the 6,182 institutions that reported to the FDIC showed growth year over year in earnings in the latest quarter. In reference to community banks, the 5,735 that reported said they had $5.1
Abrigo
JANUARY 22, 2015
According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia.
PYMNTS
OCTOBER 17, 2017
An industrial bank is an FDIC-insured depository institution that is generally subject to the same banking laws and regulations as any other bank charter type, with the important exception of the Bank Holding Act of 1956. Square already has an SMB lending arm – Square Capital – which it operates through a deal with Utah-based Celtic Bank.
Independent Banker
NOVEMBER 25, 2015
Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. This is why ICBA and community banks must continue to push consistent regulation of bank and nonbank financial service providers.
PYMNTS
MARCH 4, 2019
1281), seeking to combat a trend — namely that more businesses are embracing card-only payment methods spanning debit and credit — the ban would also result in fines of hundreds of dollars per violation. And those stakeholders include ATM operators. In terms of the New York legislation (Intro.
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