PYMNTS

SEPTEMBER 24, 2020

smaller community banks and credit unions (CUs) stepped up to the plate and, according to the Small Business Association (SBA), ended up facilitating more than half of PPP loan volume to SMBs. That's good news for community banks and credit unions, which could see a wave of new SMB customers and members in the coming months.

Community 193

Community Community Bank Regional Lending 193

PYMNTS

SEPTEMBER 12, 2018

Small businesses’ access to traditional loans continues to grow as loan applications at big banks reached new heights last month, the latest Biz2Credit data showed. In its monthly Small Business Lending Index, released Tuesday (Sept. 11), Biz2Credit found that big banks in August approved 26.5 percent from July.

Lending 102

Lending Community Bank Taxes Community 102

PYMNTS

AUGUST 12, 2019

One area of impact is small business finance and lending, with small businesses and lenders seeing a slowdown in demand. Small business lending platform Funding Circle commented on this effect in its latest earnings data, noting that there has been “some deterioration” in its higher-risk small business loan bands in the U.K.

Lending 144

Lending US Capital Data 144

PYMNTS

APRIL 16, 2020

This week’s look at the latest in bank-FinTech collaborations and open banking initiatives finds a focus on small business lending: In the U.K., That firm recently secured funding from Visa, which is also in the process of acquiring Plaid as part of its own wide-ranging open banking initiatives.

Data 167

Data Lending Regional Fintech 167

South State Correspondent

NOVEMBER 29, 2023

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. Many banks fall into the “recency trap.” Bank engagement is a habit.

Marketing 195

Marketing Regional National Nashville 195

South State Correspondent

SEPTEMBER 20, 2023

As you can see in the chart below, one major marker of cash management profitability is payments. ACH, Wire, real-time payments (RTP), and FedNow (as of July) alone drive almost 40% of the total cash management fee income at a bank. Client 2 needs cash management, particularly payment services.

Management 195

Management Survey Industry Community Bank 195

South State Correspondent

MAY 3, 2023

The graph below compares the loan repricing for FRB’s loan portfolio and all banks under, and over, $25Bn in assets. How FTP Changes Decision Making We were not on the board of FRB, and we did not participate in that bank’s ALM meetings, but we interact with banks that get into the same pickle by not employing FTP.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

The graph below compares the loan repricing for FRB’s loan portfolio and all banks under, and over, $25B in assets. How FTP Changes Decision Making We were not on the board of FRB, and we did not participate in that bank’s ALM meetings, but we interact with banks that get into the same pickle by not employing FTP.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

The graph below compares the loan repricing for FRB’s loan portfolio and all banks under, and over, $25B in assets. How FTP Changes Decision Making We were not on the board of FRB, and we did not participate in that bank’s ALM meetings, but we interact with banks that get into the same pickle by not employing FTP.

Lending 195

Lending Capital Management Tools 195

PYMNTS

JULY 31, 2017

According to the FinTech’s latest “ Performance Against Customer Expectations (PACE) Report ,” SMEs are unhappy with a lack of options for high-tech products and services, and as more small businesses switch banks, analysts say this discontent could accelerate bank-switching among the nation’s small business community.

Survey 112

Survey Community Bank Community Regional 112

PYMNTS

JUNE 18, 2018

Biz2Credit’s latest Small Business Lending Index found that loan approval rates at alternative lenders stagnated – and at credit unions, they actually fell. Thirty percent of small business loan applications at big banks got approved in May, according to Biz2Credit’s latest Small Business Lending Index.

Lending 112

Lending Community Bank Regional Community 112

Independent Banker

JANUARY 31, 2022

Here’s how four community banks are thriving in this environment. This region has the kind of energy that draws people to a place and helps them and their businesses thrive. We spoke with four community banks in the southern half of Texas to learn how they are serving this buzzing region. By Mindy Charski.

Texas 182

Texas San Antonio Community Bank Community 182

South State Correspondent

JANUARY 4, 2023

Popular projects for 2023 include online loan and deposit onboarding utilizing third-party data to speed the process, compliance-as-a-service, payments, card controls, service case management, leveraging data for customer insights, and providing open banking APIs to customers. of the banking market, according to Statista Research.

Community Bank 195

Community Bank Capital Lending Training 195

PYMNTS

MARCH 11, 2019

With a permissioned blockchain network , services can be shared between credit unions, which could improve identification authentication and compliance surrounding regulations, know your customer, lending and payments. Under the plan, credit union members would be able to access the CULedger via a digital credential dubbed MyCUID.

blockchain 160

blockchain Regulation Community Bank Regional 160

Gonzobanker

FEBRUARY 8, 2022

Maybe instead of Acquire or Be Acquired, this conference should be called Evolve or Be Acquired,” observed Eric Sprink, CEO of Coastal Community Bank in Everett, Wash., and a trailblazer in the world of banking as a service (BaaS). The difference could be seen in what alpha bankers bragged about. price/book multiple.

Fintech 166

Fintech Customer Experience Conference Technology 166

FICO

OCTOBER 2, 2019

I would like to examine what I think ‘small banks’ (community banks, regional banks, and credit unions) can do to capture more market share of the small business lending market. I may use the bank for my checking and deposit bank or have previous lending experience with them.

Lending 40

Lending Marketing Community Bank Online 40

South State Correspondent

APRIL 24, 2022

Banks have ceased using LIBOR to price assets and liabilities after 2021. However, some community banks are still deciding on the correct term lending index to adopt. Many banks are uncertain that they have chosen the best term index for their products and markets. Considerations For Choosing A Term Lending Index.

Lending 195

Lending Community Bank Community Marketing 195

Gonzobanker

MARCH 9, 2022

While both firms have strong underlying technology and development shops, neither Finxact nor Technisys has the functional requirements to service all consumer and commercial account types for most regional and community banks. Let’s be clear Gonzobankers, these deals are NOT about massive numbers of bank core replacements.

Financial Technology 136

Financial Technology Technology Fintech Community 136

PYMNTS

MAY 3, 2018

The company’s 2018 PACE (Performance Against Customer Expectations) Report, published on Wednesday (May 2), found large financial institutions (FIs) are vulnerable to losing their small business customers, which tend to experience greater satisfaction levels at regional and community banks. and more in the U.K.,

US 100

US Community Bank Community Survey 100

Gonzobanker

MAY 17, 2022

For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. The suboptimal structure of the bank tech world today has several root causes: Bank functional requirements go wide and deep. Mandate #3: Build a next-gen I.T.

Technology 135

Technology Regional Community Bank Community 135

Independent Banker

FEBRUARY 25, 2015

Coping just fine, community banks in energy-producing regions manage the oil-price plunge. Yet community bankers serving the oil industry say they’ve been expecting a drop in the notoriously cyclical price of crude. Pat Hickman, chairman and CEO of Happy State Bank, a $2.6 Pat Hickman, Happy State Bank.

North Dakota 70

North Dakota Texas Louisiana Community Bank 70

Gonzobanker

JANUARY 17, 2020

Wells Fargo analyst Mike Mayo got a great deal of attention this year when he claimed that the coming decade will be “the biggest tech transformation in the history of banking.” For execs who climbed the ladder in finance, lending or branches, buckle in because the techies are about to steal the show.

Customer Experience 126

Customer Experience Fintech Regional Cards 126

Independent Banker

MARCH 15, 2015

The ICBA and community bank campaign to improve those rules has included a comprehensive study on their impact that was released before the CFPB announcement of its proposed changes, which are expected to be formally adopted. Of course, this community bank victory is not the result of just one survey.

Washington 70

Washington Community Bank Community Survey 70

Independent Banker

FEBRUARY 24, 2015

The ICBA and community bank campaign to improve those rules has included a comprehensive study on their impact that was released before the CFPB announcement of its proposed changes, which are expected to be formally adopted. Of course, this community bank victory is not the result of just one survey.

Washington 70

Washington Community Bank Community Survey 70

PYMNTS

SEPTEMBER 15, 2016

In an effort to bridge what is increasingly being known as the “inclusion gap” for minorities, Visa is finding promise in supporting products for financial inclusion in the credit union and community bank portfolio. We now have products being tested in more than 30 community banks and credit unions around the country,” Meloche said.

Community 100

Community Community Bank Data Regional 100

Gonzobanker

DECEMBER 17, 2021

Digital and payments plans were developed, investments are being made, and transformation projects are being executed. The merger of equals activity in 2021 was sky high, primarily because banks with pinched margins from low rates worked to grabbed scale. From nowhere, sizable regional players are being created. Has to be M-O-E.

Fintech 143

Fintech Strategy Leadership Lending 143

Celent Banking

MARCH 16, 2015

With interest rates low and new regulations following the financial crisis, banks are running incredibly thin margins, and traditional revenue sources are no longer viable. P2P lending), and new payment schemes. How do community banks grow deposits in a climate of shrinking deposit share?

Conference 100

Conference Retail Community Community Bank 100

PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. With clearance to move forward with its plans, the community banking landscape will see its first new industry player in years.

Community Bank 122

Community Bank Community FDIC Marketing 122

Payments Source

AUGUST 14, 2019

Black and Hispanic owners of one-person businesses are more likely to be discouraged from applying for financing, and they’re less likely to receive financing when they do apply for it, than their white counterparts, according to a new report from the New York Fed.

New York 67

New York Lending Report Community Bank 67

South State Correspondent

APRIL 10, 2023

CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). The risk here is that community banks continue to take on an above-average amount of CRE credit exposure.

Community Bank 195

Community Bank Community Los Angeles Regional 195

South State Correspondent

OCTOBER 28, 2022

Gartner focused on technology infrastructure, while Money 20/20 was around fintech and payments. Many of these problems are so complicated that if you are over 40, you will likely never see the full implementation of items like a central digital currency, the metaverse, a portable identity token, and seamless wearables payments.

Conference 195

Conference Technology Las Vegas Trends 195

American Banker

MAY 20, 2020

Lenders are scrambling to pause ranchers’ loan payments as meat processing plant shutdowns during the pandemic threaten $25 billion in losses for the livestock industry.

Industry 77

Industry Payments Risk Management Community Bank 77

PYMNTS

JULY 3, 2017

The purpose of Capitol Hill Day is to provide updates and continued education to Congressional representatives and staff regarding the ACH Network, payments, and operating rules. The day is an annual opportunity for NACHA to “showcase boots on the ground across the country” and to act as a thought leader in the payment space, he said.

Payments 113

Payments Bitcoin Compliance Community Bank 113

Independent Banker

NOVEMBER 30, 2021

Many hotels and other hospitality businesses haven’t fully bounced back from COVID-19 travel and safety restrictions, but community banks have been by their side through the challenges. MainStreet Bank has a sizable hotel loan portfolio with roughly $100 million in loans on 15 properties. By Beth Mattson-Teig. Photo: R.J.

Community Bank 209

Community Bank Community Texas Dallas 209

American Banker

OCTOBER 20, 2016

Things changed when large borrowers started to miss payments. Signature and BankUnited had warned of weakness in their medallion portfolios for months but had resisted taking drastic measures.

Payments 28

Payments Community Bank Regional National 28

PYMNTS

SEPTEMBER 23, 2016

The first is the obvious issue: They lack the massive scale and deep IT pockets of the large banks. Most regional and community banks aren’t in the position to develop cutting-edge mobile banking products in-house. Community banks just aren’t offering that, according to Fossella.

Mobile 100

Mobile Community Bank Tools Community 100

Gonzobanker

DECEMBER 20, 2019

. ————————————————————————— The ‘En Vogue’ Trend of the Year – Credit unions buying community banks. Accounts that maintain an average balance of at least $10,000 get paid higher rates.

Idaho 148

Idaho Conference Data Marketing 148