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

Abrigo

However, many traditional community lenders will face real challenges meeting their lending goals for more business loans and higher yield, given expected interest rate hikes, higher non-interest expenses, and increasing competition for borrowers. It is the backbone of what many community financial institutions do, and they do it well.

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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. Assessing best practices, rates, marketing efforts and more can position loan producers for future success in unpredictable market conditions. David, Community Bank Consulting Services, Inc.

Lending 103
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Thurlow Describes Innovation Journey, Core Advocacy

ABA Community Banking

In keynote remarks last night at the St. Louis Fed’s community banking research conference, bank CEO Julieann Thurlow outlined Massachusetts-based Reading Cooperative Bank’s innovation journey and how it improved financial inclusion in the communities it serves.

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Is commercial lending on the rise?

Independent Banker

Here’s how community bankers can take advantage of various sectors—including SBA lending—over the next 12 months. Community banks that have struggled to grow their commercial loan portfolios over the past two years are optimistic that there are brighter days ahead this year and next. billion asset community bank.

Lending 158
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Fed’s Bullard Sees Coronavirus As Having ‘Short-Term’ Impact

PYMNTS

Louis Federal Reserve Bank President James Bullard said there remains a “high probability that the Coronavirus will blow over as other viruses have.”. That refers in part to stock market volatility that saw markets down nearly a percent on Friday (as measured by the S&P 500 Index).

St. Louis 150
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Which Bank Will Blink on Rate?

Jeff For Banks

Times that had the average balance of a money market account go from $47 thousand at the end of 2005, to $129 thousand today (data taken from my firm's profitability peer database). I focused on the St. I have friends that are getting married there in the next few months, and they work for one of the banks on the below list.

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Is Your Contemplated Bank Merger Anti-Competitive?

Jeff For Banks

Yesterday at the ABA's virtual Conference for Community Bankers (CCB), Federal Reserve Governor Michelle Bowman gave a speech, My Perspective on Bank Regulation and Supervision. Market shares for a local banking market are based on the deposits of depository institutions in the market.