article thumbnail

Colleagues Pitch in for the Parks

Perficient

Our Chicago colleagues are always looking for ways to contribute to their community. Living in Chicago, the team is surrounded by hundreds of parks. Throughout the summer the Chicago Parks Foundation has organized volunteers for over 350+ park cleanups. Lend a Helping Hand. Pitching in for the Parks.

Chicago 322
article thumbnail

CRE risk management: Navigating hazards and opportunities

Abrigo

Critical capital Should CRE lending be off the table? Recent headlines may lead bankers to believe that shunning commercial real estate lending is the safest path to limit or avoid credit risk, given stresses on CRE and regulatory concerns. But that might not be the best move for your financial institution or your community.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Alt-Lending Regulation Fears Won’t Stop Investors

PYMNTS

It feels like 2014 again with the ongoing popularity of alternative lending startups. Earlier this week, reports emerged that some alternative lending and industry professionals are beginning to heighten their anxieties about incoming regulation, particularly as some ponder whether the U.S. Alternative Lending. MarketInvoice.

Lending 100
article thumbnail

2022 Dodd-Frank Stress Test Scenarios Released

Perficient

Federal bank regulators work together to design Comprehensive Capital Analysis and Review (“CCAR”) stress tests that are designed to ensure that even in the case of a severe recession, significant banks can lend to households and businesses. Covered institutions are required to use specific scenarios to conduct the stress tests.

Capital 294
article thumbnail

Old National fills Chicago-sized void with latest deal

American Banker

(..)

Chicago 78
article thumbnail

Why AI Risk Tech And Banks Could Be A Match Made In Heaven

PYMNTS

A solution, he told PYMNTS four years ago , that had nothing to do with financial services or lending at all — they were actually studying hiring and figuring out ways to track employability over time with data. Our simple idea was that better technology and better data science could improve access to credit,” Girouard said.

article thumbnail

Chicago, SBA Lending to Factor Heavily in Huntington's Growth Story

American Banker

The Ohio company is eager to rev up SBA lending in the Windy City now that it has closed on its purchase of FirstMerit. CEO Steve Steinour also credits his company's willingness to make big upfront community commitments for a seamless approval process.

Lending 28