Jeff For Banks

NOVEMBER 1, 2017

Tax cut and tax reform proposals have been floated. I believe that tax cuts will spur economic growth, but only if they do not increase government borrowing and the federal deficit. We managed to score some of the eclipse glasses and observe the 80% eclipse here in PA). There isn’t much mention of infrastructure projects.

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Marketing Taxes DC Community Bank 60

ABA Community Banking

OCTOBER 1, 2019

Heated competition for bank funding is an increasingly important focus for community bank leaders, according to an annual survey released today by the Federal Reserve, the FDIC and the Conference of State Bank Supervisors.

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Survey Community FDIC Community Bank 49

Independent Banker

DECEMBER 13, 2015

Indirect auto lending has played a major role for Security Federal Savings Bank in Jasper, Ala. Half a dozen years ago, the community bank held $13 million in auto loans. Currently the bank has a little less than $40 million in assets, according to President and CEO C. MainStreet Bank in Fairfax, Va.,

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Independent Banker

NOVEMBER 24, 2015

Indirect auto lending has played a major role for Security Federal Savings Bank in Jasper, Ala. Half a dozen years ago, the community bank held $13 million in auto loans. Currently the bank has a little less than $40 million in assets, according to President and CEO C. MainStreet Bank in Fairfax, Va.,

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Lending Community Bank Community Security 70

Jeff For Banks

APRIL 27, 2019

I along with countless other managers and investors were finally happy. The impact of the tax cuts has faded. However, don’t count on the usual spending boost from personal tax refunds as they are down by over $6 billion from this time last year. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

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Marketing Community Taxes Community Bank 60

Jeff For Banks

MARCH 21, 2024

Trillions of dollars of subsidies on “green” BS projects, electric vehicles no one wants, tax credits, debt forgiveness, and free money all fuel demand and contribute to inflation. Dorothy recently retired from Penn Community Bank where she worked since 2004. Real GDP was +3.2% in 4Q23, of which.73%

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Marketing Policies Report Atlanta 144

Jeff For Banks

MAY 20, 2017

But isn't fast growth by itself an indicator of increased risk of failure, regardless of the loans that fueled the growth? Risk mitigants tend to lag growth, especially fast growth. And success is the great mollifier to risk managers that wish to take away the punch bowl when the party's rockin'.

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Lending Regulation Community Community Bank 60

Jeff For Banks

AUGUST 12, 2018

This is because the economy has been gaining momentum, however modest, from the tax cuts and deregulation. As well as the economy has been doing from the momentum of tax cuts and reduced regulation, there are always looming issues. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

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Jeff For Banks

OCTOBER 25, 2018

Economic growth picked up strongly in the second quarter, with a reading of +4.2%, as momentum from the tax cuts and deregulation pushed spending and investment higher. Fiscal stimulus in the form of tax cuts, especially for corporations, led to spikes in investment and spending. Economy The economy is on a roll!

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Marketing US Taxes Trends 64

Jeff For Banks

FEBRUARY 1, 2019

A tightening campaign that started in December, 2015 and has totaled 2.25% has basically offset the boost from tax cuts and the tightening also succeeded in flattening the yield curve. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

Marketing 60

Marketing Community Bank Community Risk Management 60

Abrigo

APRIL 22, 2024

Takeaway 2 Several small business lending processes can tax both borrowers and staff. Takeaway 3 Depository lenders are enhancing their lending procedures and technologies to meet institution risk and return requirements as they grow. DOWNLOAD Takeaway 1 Financing plays a crucial role in small business survival and success.

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Lending St. Louis Community Marketing 243

Abrigo

MAY 22, 2024

Takeaway 2 Several small business lending processes can tax both borrowers and staff. Takeaway 3 Depository lenders are enhancing their lending procedures and technologies to meet institution risk and return requirements as they grow. DOWNLOAD Takeaway 1 Financing plays a crucial role in small business survival and success.

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Lending St. Louis Community Marketing 195

Jeff For Banks

JULY 8, 2017

The promises included tax cuts to 15% (although a much less dramatic decrease is expected), repeal and replacement of ObamaCare (stalled in the Senate), regulatory reform (some energy rules relaxed, but not much else), infrastructure spending to repair and replace our crumbling structures, roads, airports, electrical grids, etc.

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Marketing Community Bank Data Security 60

Fintech Labs Insights

AUGUST 22, 2024

9Spokes: Raised $17M for its comprehensive business management platform; increasing partnerships with major banks. Fall 2022 (New York): Debbie: Raised $2.7M, continued expansion in automated financial services for personal finance management. presence, focusing on engaging banking customers through innovative financial tools.

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San Francisco New York San Jose Tools 15

ABA Community Banking

APRIL 26, 2022

As banks approach two key asset thresholds—$500 million and especially $1 billion — they must begin preparing for new risks and regulatory expectations. The post Audit committee expectations intensify as assets hit $1 billion appeared first on ABA Banking Journal. Many of them play out in the audit committee.

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Risk Management Analysis Taxes Community Bank 98

South State Correspondent

MARCH 15, 2023

While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. While interest rate risk caused the most significant impact on value, several other factors contributed to the terminality of each bank that was closed.

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social media FDIC Branding Management 195

Gonzobanker

DECEMBER 17, 2021

Performance and multiples continue to be solid, outperforming most regional banks. Congrats to Randy and a great management team. Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships.

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Fintech Strategy Leadership Lending 136

Abrigo

MARCH 31, 2017

Commercial real estate lending continues to receive regulatory scrutiny and reminders for financial institutions to practice solid risk management. FDIC officials in March outlined several types of weaknesses in loan underwriting, administration and oversight practices that are emerging at some banks with CRE portfolios.

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FDIC Risk Management Analysis Lending 186

South State Correspondent

JUNE 13, 2022

Banks that are looking to enhance their risk management practices should consider incorporating the concept of the velocity of risk into their enterprise-wide risk management practices. Some risks occur slowly; others strike quickly and hard. Optimizing Risk. Consider the risk above.

Risk Management 195

Risk Management Examples social media Management 195

Jeff For Banks

APRIL 22, 2018

Tax cuts are adding stimulus and leading to improved business and consumer optimism, but there are some offsetting factors in the form of Fed tightening, low productivity, and large levels of debt, especially at the federal government as they fund what could be a $1 trillion plus deficit this fiscal year. Gas prices remain below $3.00

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Marketing Philadelphia Taxes social media 60

Jeff For Banks

FEBRUARY 3, 2017

In the past ten years, the economy has not managed even one year of 3.0%+ growth. Corporate and personal tax cuts were promised, with the corporate rate dropping from 35% to 15%. I saw an estimate that 50% of the effect of tax cuts flows through to growth in the first eighteen months. So what has been holding us back?

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South State Correspondent

JULY 29, 2024

However, we would like to identify one important macroeconomic variable that will affect the banking industry regardless of the makeup of the legislative and executive branches of the US government. Regardless of who wins, our national debt will continue to increase, and community banks should be prepared for its consequences.

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Community Bank Community US Taxes 195

Jeff For Banks

NOVEMBER 16, 2020

The markets believe the chance of tax hikes, repeals of tax cuts, and gigantic initiatives are greatly diminished. Did you manage a vacation over the summer? Dorothy has been with Penn Community Bank and its predecessor since November, 2004. A great GDP growth number for the third quarter of +33.1%

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