CFPB Monitor

DECEMBER 19, 2019

The OCC and FDIC have issued a joint proposal to revise their regulations implementing the Community Reinvestment Act (CRA). Under the current rules, the activities that qualify for CRA consideration generally fall into two categories: retail banking activities and community development (CD) activities.

FDIC 78

FDIC Regulation Community Retail 78

PYMNTS

APRIL 2, 2019

Microlending programs and products have mostly been associated with consumers in developing nations – particularly in sub-Saharan Africa – over the last decade. But what has gotten less attention – largely because the practice is less common – is how microlending operations play out in developed nations like the U.S. A Long Journey.

Tools 126

Tools Study Los Angeles New Jersey 126

Independent Banker

APRIL 28, 2016

I also focus on budgets, loan and deposit growth, net interest margins, quarterly comparison reports, and the banker’s view of his or her local economy. Finally, I focus on economic news in our markets, which include five communities south of Houston. Our lending strongly supports our tourist economy.

Dallas 131

Dallas Texas Houston Community 131

Jeff For Banks

DECEMBER 7, 2019

Before we begin and for comparison purposes, here are last year's top five , as measured in December 2018: #1. billion in assets community bank with 22 branches that encircle the Seattle Sound. Founded in 1980, Plumas Bank is a full-service community bank headquartered in Quincy in Northeastern California. Nasdaq: CARO) #2.

Indiana 78

Indiana Oregon South Dakota Community Bank 78

CFPB Monitor

NOVEMBER 14, 2014

Yesterday I attended the Consumer Financial Protection Bureau’s (CFPB) field hearing in Wilmington, Delaware, at which the CFPB unveiled and accepted public comment on its long-awaited proposed rule for prepaid accounts under the Electronic Fund Transfer Act (Regulation E) and the Truth In Lending Act (Regulation Z) (the Rule).

Delaware 84

Delaware Cards Regulation Lending 84

Jeff For Banks

DECEMBER 19, 2015

Before we begin and for comparison purposes, here are last year's top five , as measured in December, 2014: #1. Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. Citigroup, by comparison, had a 0.77% ROA and a 6.63% ROE for the same period. BofI Holdings, Inc.

North Dakota 60

North Dakota Arizona Michigan Florida 60

Jeff For Banks

DECEMBER 18, 2014

For comparison purposes, here are last year''s top five , as measured as of December, 2013: #1. They are built as a relationship bank serving the Korean community in LA and surrounding areas. It also has a national platform of specialized finance units in homeowners'' associations, public finance, resort finance, and warehouse lending.

North Dakota 91

North Dakota Arizona Minnesota Los Angeles 91

Lex Sokolin

DECEMBER 31, 2020

Here are some 2020 highlights… Financial Models and Valuations for Neobanks, Digital Wealth, and Coinbase How Monzo, Revolut, and Starling get to break-even, and comparison with WeChat and Facebook. A long take that nobody in DeFi will read, but there is a deep grain of insight here about the failure of P2P lending and crowdfunding models.

Fintech 52

Fintech Bitcoin blockchain Google 52

Lex Sokolin

DECEMBER 31, 2020

Here are some 2020 highlights… Financial Models and Valuations for Neobanks, Digital Wealth, and Coinbase How Monzo, Revolut, and Starling get to break-even, and comparison with WeChat and Facebook. A long take that nobody in DeFi will read, but there is a deep grain of insight here about the failure of P2P lending and crowdfunding models.

Fintech 52

Fintech Bitcoin blockchain Google 52

Jeff For Banks

JULY 8, 2019

Which is becoming more challenging for the community financial institution due to heavy competition from money center and super-regional banks, credit unions, and fintech firms. I don't think community financial institutions can fund themselves solely from their commercial customers. My focus today is on consumer banking.

Retail 60

Retail Community Taxes Strategy 60

South State Correspondent

MAY 9, 2023

A bank can modify its tiers all it wants, but that effort pales in comparison to making sure you are driving the right product mix or having competitive products. Offering a limited-time promotion to bring over balances from certain named accounts (such as those at national banks), has proven effective.

Data 195

Data Training National System 195

Jeff For Banks

DECEMBER 29, 2021

Before we begin and for comparison purposes, here are last year's top five , as measured in December 2020: #1. The bank was founded in 2006 and operates 19 full-service branch locations in multi-ethnic communities in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. Silvergate Capital Corporation (NYSE: SI) #2.

Capital 78

Capital Texas Metro North Carolina 78

South State Correspondent

JUNE 13, 2022

The Comparison of Risk. 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. In this case, the expected loss changed by 30%. Luckily, nothing became of it.

Risk Management 195

Risk Management Examples social media Management 195

CB Insights

NOVEMBER 9, 2017

Indeed, co-founder Alejandro Resnik, the CEO, told the WSJ in 2015 that it was looking to raise a “monster round” of $300 million at a $2 billion valuation to fuel its national expansion. Select VC Investors: VantagePoint Capital Partners, Lend Lease Ventures. Company: Bling Nation. via TechCrunch. Company: AOptix Technologies.

Capital 78

Capital Company San Francisco Operations 78

CB Insights

FEBRUARY 16, 2021

Today, there are 180 currencies across the world that are recognized by the United Nations, from the US dollar to the European Euro to the Japanese Yen, and more. People in underbanked communities, for example, can transact using this form of digital currency, especially if they live in areas where economic uncertainty is a regular concern.

cryptocurrency 101

cryptocurrency Bitcoin Examples blockchain 101

CB Insights

OCTOBER 31, 2017

We are confident that to truly have the long-term impact we want to make, we need to focus on finding an acquirer with an existing national fresh food supply chain who can carry forward the Juicero mission. Imzy was created by former Reddit employees Dan McComas and Jessica Moreno as a safer, friendlier version of the popular community site.

Company 78

Company US San Francisco Capital 78

CFPB Monitor

MAY 3, 2019

It was no surprise then that the panel was comprised of five consumer advocates and one community banker from a total of eight panelists with not a single representative from the small dollar industry represented: Rev. Diane Standaert, Executive Vice President and Director of State Policy, Center for Responsible Lending. (A

Michigan 68

Michigan Policies Utah Lending 68