PYMNTS

JUNE 4, 2019

China’s community banks are raising new fears over the health of the industry after auditor Ernst & Young resigned from its work with regional bank Bank of Jinzhou. Reports said the decision for EY to quit is the latest event to raise concerns over China’s community banking sector.

Regional 100

Regional Community Bank Community Policies 100

PYMNTS

MARCH 12, 2018

Chamber of Commerce is voicing its support for legislation that would ease regulatory burdens for the nation’s community banks in an effort to improve access to funding for small business borrowers. According to reports, the Senate is expected to pass the legislation this week.

Community Bank 110

Community Bank Community Regional Regulation 110

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.

Community Bank 150

Community Bank Community Regional Cleveland 150

Abrigo

NOVEMBER 21, 2014

Now that banks have filed their third quarter financial reports , what did the lending picture look like last quarter? banks is up $157 billion from the same period in 2013. However, Q3 commercial lending is down from the beginning of 2014 (quarter ending 3/31/2014) by about $67 billion.

Lending 186

Lending South Carolina Miami Community Bank 186

PYMNTS

MARCH 12, 2020

But the latest initiatives reveal a growing interest in transforming internal processes, particularly among smaller banks looking to upgrade their core infrastructure and elevate small business lending operations. The regional bank also noted growing interest among smaller FIs to embrace the bank-FinTech collaboration trend.

Lending 194

Lending Risk Management Fintech Community 194

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., 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.,

Data 167

Data Lending Regional Fintech 167

South State Correspondent

APRIL 10, 2023

Nonetheless, with the recent collapse of sizeable regional banks, regulators, investors, analysts, accountants, and bankers are now scrutinizing the fair value of banks’ securities and loan portfolios. This development should strongly motivate community banks to consider the benefits of loan-level hedging.

Community Bank 195

Community Bank Community Security Capital 195

ABA Community Banking

AUGUST 27, 2015

SNL Report: Overall, banks in Western region generate strongest loan growth Bank Performance Management Financial Trends Community Banking.

Community Bank 40

Community Bank Community Lending Regional 40

PYMNTS

JULY 31, 2019

The company revealed that David Kowach has been named head of Community Banking, while Jim Hays has come onboard as president and head of Wells Fargo Advisors. Andy Rowe is Enterprise Customer Excellence executive, and Elli Dai has been hired as Small Business and Personal Lending Group executive.

Community Bank 147

Community Bank Lending Regional Strategy 147

Abrigo

FEBRUARY 17, 2015

Which areas of lending and what banks are driving the expansion? A recent issue of Banking Insights , published by the Federal Reserve Bank of St. Louis, revealed the answers by analyzing call reports of all U.S. commercial banks. ” In fact, C&I lending grew first following the recession.

St. Louis 150

St. Louis Lending Community Bank Regional 150

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

PYMNTS

JULY 31, 2017

A new report from FIS finds small businesses continue to feel fed-up with their big banks, despite a rebound in large bank loan approval rates for SME borrowers. The research, published last week, found that there are more aspects to small business banking than borrowing money that are frustrating SME customers.

Survey 112

Survey Community Bank Community Regional 112

PYMNTS

MARCH 11, 2019

According to a report in Fintech Futures , the idea behind the project is to use permission-based blockchain technology so credit unions can reach more members that don’t have access to financial services. The blockchain network will be offered to all credit unions around the world later this year, noted the report.

blockchain 160

blockchain Regulation Community Bank Regional 160

PYMNTS

OCTOBER 8, 2018

As reported, the social media giant was hacked through a vulnerability in the Facebook source code, which gave the attackers the ability to steal access tokens, which they in turn used to keep Facebook subscribers logged in. As reported by ZDNet and other sites, class action suits have already been filed against the company.

United States 174

United States Regulation cryptocurrency Cleveland 174

PYMNTS

MAY 30, 2018

Financing of all sorts was on the downswing, and SMB owners began dipping into their own piggy banks before seeking a lending agreement. That finding comes care of data gathered by 12 regional Federal Reserve banks in a survey conducted over the third and fourth quarter of 2017.

Lending 115

Lending Community Bank Survey Community 115

Independent Banker

JULY 31, 2022

Fallout from recent global events presents an obstacle to generating revenue for community banks. It’s certainly an interesting time to be a community bank, but there are still plenty of ways to make efficiencies with an eye on profitability. ? But one of the biggest problems in community banking today is a fear of risk.

Strategy 135

Strategy Community Bank Louisville Community 135

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. As one executive lamented regarding a vendor, “These guys don’t even have the manners to get back to us with reports on our issues.”. In 2021, the Standish Group reported that 83% of I.T.

Technology 135

Technology Regional Community Bank Community 135

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

MARCH 9, 2020

A vast majority of consumers express a passing interest in exploring banking-like services from providers that are not banks, even though only a small percentage of consumers use those providers today in that way. Nearly every single consumer uses an institution that provides all of those services as their primary bank.

How To 232

How To Millennials ATM Fintech 232

PYMNTS

MARCH 15, 2018

Mike Crapo, Idaho Republican and Senate Banking Committee chairman, sponsored the bill, which is seen as a compromise because it doesn’t roll back as much as Republicans and Wall Street banks originally wanted. Moderate Democrats supported the bill, noted the report.

Idaho 133

Idaho Regulation Massachusetts Washington 133

ABA Community Banking

MAY 22, 2015

SNL Regional Report: San Diego shimmers, allowing banks to boost lending Management Financial Trends Community Banking.

San Diego 40

San Diego California Community Bank Regional 40

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 the U.K.

US 100

US Community Bank Community Survey 100

PYMNTS

DECEMBER 7, 2018

Though not venture capital, the private equity raised for New Jersey-chartered community bank Cross River Bank is noteworthy not only for its impressive price tag of $100 million, but for its reflection of investors’ support for financial institutions that collaborate with the tech startup scene.

Analytics 176

Analytics Data Capital Software 176

Jeff For Banks

APRIL 4, 2010

Community banks tout themselves as better than national and regional banks because of how close they are to their communities. The bank closed during the national bank holiday that was ordered by President Roosevelt in 1933. Over the course of the bank’s history, that has changed remarkably.

Community Bank 60

Community Bank Pennsylvania National Community 60

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

Independent Banker

APRIL 28, 2016

Rasmussen: Thirty-five of the 100 banks in my group agreed to participate in my surveys, and I receive 20 to 25 responses each month. My typical mailer includes the previous months’ report and the questions they should answer to help me with my next report. Rasmussen: My monthly reports are threefold.

Dallas 131

Dallas Texas Houston Community 131

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. Experian recently reported.

Customer Experience 126

Customer Experience Fintech Regional Cards 126

PYMNTS

APRIL 7, 2016

In his annual letter to shareholders, Dimon went on, at some length, to say that the “mission-critical” services that big banks can supply are the types of things “regional and community banks simply cannot do.”. “In According to a Bloomberg report, JPMC told shareholders to vote against these proposals.

Washington 100

Washington Regulation Leadership Community Bank 100

PYMNTS

AUGUST 14, 2017

The Hill reports that regulators have fined those companies “significantly less” during the dawn of the Trump era than had been seen over the same timeframe last year. The government wants to stop cyclical risks, according to reports. That determination comes from analysis from The Wall Street Journal. Outside the U.S.,

Fintech 100

Fintech Regulation United States Lending 100

Jeff For Banks

MARCH 29, 2014

It is annual report season, meaning publicly traded financial institutions are finalizing their 2013 numbers and submitting their 10k''s to the Securities and Exchange Commission (SEC). This was abundantly clear while I was reading a 10k and forgot the bank. In preparation for meetings, I frequently read 10k''s.

Strategy 100

Strategy Texas San Antonio Fort Worth 100

Gonzobanker

DECEMBER 19, 2022

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Seacoast Bank is at it again… and this time it is blowing past $10B in a big way. In just five months, Seacoast announced three bank acquisitions ( Drummond, Apollo , and Professional ) totaling a little over $4.7B talent market.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

JULY 3, 2017

The CHOICE Act rolls back regulations that Sullivan said can pin down a community bank and prevent it from serving its function. Community banks are spending more money and resources on hiring compliance people than they are on lending to their community,” he said. Banking Around Legalized Marijuana.

Payments 113

Payments Bitcoin Compliance Community Bank 113

American Banker

NOVEMBER 29, 2016

s third-quarter earnings report was stacked with good news: record earnings and lending, fewer troubled loans and higher interest and noninterest income. The Federal Deposit Insurance Corp.'s Yet there was one statistic that is likely to fuel more calls for help from Washington.

FDIC 28

FDIC Report Washington Cards 28

Independent Banker

NOVEMBER 24, 2014

“I love being around people, and people are what community banking is all about.” Shirley Nelson, Summit Bank. Overcoming various long odds over the years, Shirley Nelson launched and then grew a thriving California community bank. Shirley Nelson , Summit Bank. Bank Headquarters: Oakland, Calif.

Oakland 98

Oakland Community Bank Community Industry 98

Jeff For Banks

APRIL 25, 2014

September 2004, driving from a meeting in New York, on the grossly miss-titled Cross Bronx Expressway, Nathan Stovall, a reporter from SNL Financial gave me a call. The question: What was up with an upstate New York bank? My answer: The CEO was 67 years old and that would obviously be an impetus for a sale. He printed it as I said it.

Community 92

Community New York Indiana Connecticut 92

Gonzobanker

APRIL 14, 2015

Looking around online, the closest competing offers I found were $300 from a couple of regional banks, but none from community banks or credit unions. I also noticed online that OnDeck was alongside Wells Fargo and Bank of America in the Top 5 search rankings for business loans.

Marketing 60

Marketing Community Bank Branding Community 60