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Rebeca Romero Rainey: Take pride in the work we do

Independent Banker

“While community banks could certainly benefit from the tax advantages credit unions have, we flourish despite them.”. From Florida to Arizona, credit unions are acquiring community banks at an alarming rate. With fewer community banks, there simply is less support of local economies.

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A Wealth of Possibilities

Independent Banker

Most banks today are struggling with the reality of shrinking net interest margins due to increased competition for fewer quality loan opportunities. Most community banks do not offer trust services due to the significant barriers to entry into this particular financial service line. But what about trust services?

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Startup Roundup: Letting The Machines Do Their Thing

PYMNTS

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. AvidXchange. DadeSystems.

Taxes 107
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Startup Roundup: Letting The Machines Do Their Thing

PYMNTS

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. AvidXchange. DadeSystems.

Taxes 101
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GonzoBanker Awards 2017

Gonzobanker

THE BANKING AWARDS. Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. GonzoBanker of the Year – Large Banks. 16 passing of Robert Wilmers, chairman and chief executive officer of M&T Bank Corp. When labor markets tighten, we turn to immigration.

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Finova Financial Review: Secured Personal Loans With Your Car

MyBankTracker

To qualify, though, you must live in one of the following states: Arizona Florida California South Carolina Tennessee New Mexico Finova is unique because you’re able to unlock the cash or equity in your car. This includes a DMV lien fee and a document stamp tax. How does it work exactly? Conclusion: Is Finova Right for You?

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The Velocity of Risk – What Bankers Need To Know

South State Correspondent

One morning, President Trump tweeted his desire for an additional tax on all foreign-owned companies operating in the US. Instantly, the cash flow for those businesses that many community banks lent to is impacted. That is a significant change in risk for a material part of a large community bank’s balance sheet.