article thumbnail

How Relationship Lending & A Transaction-Oriented Focus Can Win More Business Loans

Abrigo

Personalized Touch with Efficient Service Can Boost Lending Banks and credit unions can boost business lending by combining a relationship focus with transaction-oriented processing. . Takeaway 1 Many banks and credit unions want to win more business loans but will face higher rates and more competitors.

Lending 195
article thumbnail

Is commercial lending on the rise?

Independent Banker

Loan providers share an infectious enthusiasm and growing optimism for one vertical’s prospects in 2022: commercial lending. Here’s how community bankers can take advantage of various sectors—including SBA lending—over the next 12 months. First Business Bank in Madison, Wis., billion asset community bank.

Lending 158
Insiders

Sign Up for our Newsletter

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

article thumbnail

5 ways to shake up your lending strategy

Independent Banker

A new approach to loan protocols is just one way for community banks to grow in new and different directions. Amid changing economic conditions and rising rates, it’s a good time for community banks to re-evaluate their loan strategy with an eye on adaptability. David, Community Bank Consulting Services, Inc.

Lending 103
article thumbnail

How To Take Advantage of the FOMC Meeting

South State Correspondent

Governor Christopher Waller and St. Louis Fed President James Bullard (who dissented in favor of a 50bps move last week) argued for some half-point hikes in 2022. Implications for Community Banks. Community banks must pay attention to loans that re-price in the next two or three years. Conclusion.

Meeting 195
article thumbnail

Which loan types are fueling bank growth?

Abrigo

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
article thumbnail

The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending.

Lending 243
article thumbnail

Small Banks Could See Some Dodd-Frank Relief

PYMNTS

And those losses are felt, since small banks and credit unions with less than $10 billion in assets provide 48 percent of small business loans, 16 percent of residential mortgages, 44 percent of loans to purchase farmland, 43 percent of farm operations lending, and 35 percent of commercial real estate loans.

St. Louis 105