South State Correspondent

DECEMBER 11, 2022

The yield curve shape is an excellent opportunity for community bankers to provide sound risk mitigation and balance sheet management advice to borrowers. We see many community bank borrowers desperately seeking a trusted advisor to help guide them through this volatile cycle. Community banks pride themselves as relationship lenders.

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South State Correspondent

FEBRUARY 22, 2024

For example, at present, return on equity performance is about 12% for the average community bank. You can’t develop lending expertise overnight. A three-year time horizon isn’t long enough if say you want to take your lending platform nationally such as specializing in lending on robotics. Why is that?

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How To Strategy Capital Lending 195

Abrigo

MAY 5, 2022

Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. Main Street Banking: A Podcast for Community Bankers 8. It also examines how community banks are different than other types of financial institutions, along with strategies for optimal operations.

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Community Lending Maine Resources 195

South State Correspondent

MARCH 6, 2023

We argued that community banks should favor 1.40X to 1.50X DSCR credits, as that is the minimum cash flow required to withstand a standard recession. Many national and regional banks incorporate a minimum debt yield ratio as an underwriting criterion. debt yield ratio ($135k divided by $1.5mm).

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Community Bank Community Lending Regional 195

Independent Banker

JANUARY 31, 2022

Southern Bancorp partners with other community banks to increase loan accessibility and financial literacy to low-income customers. As CEO of Southern Bancorp, Darrin Williams wants to promote relationships between community banks and CDFIs to create more prosperous communities. Better serving its communities.

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Community Bank Community Leadership Arkansas 172

Jeff For Banks

APRIL 4, 2010

Community banks tout themselves as better than national and regional banks because of how close they are to their communities. A case in point: the First National Bank of Hallstead… now Peoples National Bank (see photo). When the bank opened in 1905, Hallstead was already a thriving community.

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South State Correspondent

SEPTEMBER 20, 2023

Of course, all things are rarely equal. National and regional banks control 70% of the cash management market, yet most cash management customers choose their bank because of service. Community banks have an inherent advantage in delivering more personalized service and faster decision-making than national banks.

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Management Survey Industry Community Bank 195

Abrigo

AUGUST 9, 2019

Modernization of the Community Reinvestment Act. The ThinkBIG Conference combines MainStreet Technologies’ National CECL Conference and Sageworks’ Lending & Risk Summit. ThinkBIG features two tracks for attendees: CECL + Portfolio Risk and Lending + Credit Risk. The current expected credit loss model, or CECL.

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Management Conference Lending Training 150

Independent Banker

JULY 29, 2016

The demand for professional development opportunities for community bankers has never been greater. Last year Community Banker University’s eight certification programs provided more than 4,000 community bankers with highly tailored training.

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Minneapolis Community Bank Community San Antonio 70

PYMNTS

APRIL 24, 2019

Of course, those more than beat the national average on checking accounts, which is currently at a 0.08 In addition, Wealthfront works with FDIC-insured partner banks — including East West Bank , New York Community Bank and others — to hold customers’ deposits. It now manages $13.5

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FDIC New York Community Bank Course 108

Jeff For Banks

JANUARY 27, 2011

I was at a strategic planning retreat a few weeks back where a colleague lauded the concept of bankers getting back to plain vanilla community banking. But if you read or watch interviews of CEOs of community FIs from 2008 forward, you will be bombarded with the message that they didn''t engage in the things that led to the collapse.

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Community Bank Community Apple National 71

PYMNTS

OCTOBER 30, 2018

In the course of conversations with many innovators and entrepreneurs about how they ended up founding the firms the founded, we tend to hear something of a recurring theme. 25,000 per month – to leverage their social networks to turn their future financial health into a collaborative goal for their community of friends and family.

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National Fintech Mobile Lending 122

Independent Banker

SEPTEMBER 21, 2015

imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. Over the next three years, Anderson enrolled in all three of Community Banker University’s in-depth compliance certification training programs.

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Compliance Community Bank Community Training 70

American Banker

JUNE 3, 2016

Speaking about the overheated market for auto lending, Jamie Dimon, CEO of JPMorgan Chase, said "someone is going to get hurt." Not JPMorgan, of course. "It Probably community banks. … It won't be us," Dimon said.

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Lending Community Bank Course Community 28

PYMNTS

SEPTEMBER 28, 2016

Investors have cooled off to alternative lending in the U.S. Just look at the near-immediate struggle faced by Lending Club and OnDeck after their IPOs in 2014, or more recently, the knock-on effect Lending Club’s less-than-noble lending practices have had on investor confidence in other marketplace lenders.

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Lending Regulation Capital Industry 100

Filene

AUGUST 18, 2016

Let’s cut to the chase—here are 3 different views on the impact of payday lending. Any way you slice or dice it, this dish leaves a bitter taste: If it were a country, the "Empire of Payday Lending" would be the 104th largest economy in the world.*. Payday Lending is the 104th Largest Economy in the World.

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Lending Wisconsin Regulation Meeting 28

Gonzobanker

MAY 4, 2022

Every year, Cornerstone Advisors conducts a survey of community-based financial institution CEOs that asks what their top concerns are. An institution’s required credit expertise will depend on its business/niches – for example, knowledge of national environmental lending will be unique from that of import/export letter of credit.

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Training Survey System Data 154

Independent Banker

JANUARY 28, 2016

As in past years, community bankers will have a dynamic regulatory environment to contend with in 2016. Safety and soundness concerns will remain a prominent driver of that supervisory dynamic for community banks. What should community banks anticipate here? Anticipating safety and soundness exam issues in 2016.

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Community Bank Community Regulation Lending 70

Independent Banker

FEBRUARY 24, 2016

Greg Steverson (left) successfully manages a $100 million institutional investment portfolio for Ledyard National Bank in Norwich, Vt. Community bank institutional investment portfolio managers have been put through their paces the past several years. Yet that is exactly what many community banks have accomplished.

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Community Bank Community Texas Management 70

PYMNTS

JUNE 17, 2016

A few days later, one of the founding fathers of FinTech, Renaud Laplanche , was forced out of Lending Club, the peer-to-peer lender he founded in 2006, following scandals over loan disclosures and conflicts of interest. The really interesting, though less juicy, story is what got Lending Club into trouble.

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Bitcoin Lending blockchain Fintech 100

Independent Banker

FEBRUARY 25, 2015

Community banks, which will continue to face a growing number of senior customers with everyday cash needs and built-up home equity, should explore this niche lending opportunity, two community bankers providing these specialty loans suggest. Consumer Lender Life Lending Web Exclusives' New FHA guidelines.

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Trends Community Lending Community Bank 70

PYMNTS

FEBRUARY 13, 2018

13) local time said Commonwealth Bank, Westpac and National Australia Bank (NAB) have begun to offer their customers real-time payments services. NAB, for example, said its full real-time payments rollout would occur over the course of a month. Reports in The Sydney Morning Herald on Tuesday (Feb.

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PYMNTS

MAY 31, 2017

Against this backdrop, Elan has been waging campaigns to get smaller banks to promote their cards as not only for primary use (and via plastic) but for default use as well, to close the gap with the larger and national players through debit rewards programs and other incentives. Then, of course, Windows 10 is coming as well.

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ATM Millennials Cards Management 100

FICO

FEBRUARY 21, 2023

Expectations from Visa are that the GDP will turn negative once again in Q1 and Q2 of 2023 leading The National Bureau of Economic Research to declare a recession. These figures represent a national sample of approximately 130 million accounts that comprise FICO® Advisors’ Risk Benchmarking solution.

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Trends Industry US Cards 52

Independent Banker

SEPTEMBER 26, 2014

Even though the industry identified several major regulatory burdens, including those posed by the Truth in Lending Act and the Home Mortgage Disclosure Act, few substantive regulations were repealed. Many community bankers concluded that the EGRPRA is little more than a “check the box” process for regulators. Starting fresh.

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Washington Fort Worth Regulation Community Bank 70

Independent Banker

MARCH 15, 2015

Thoughtful lending and an open mind keep profits strong for incoming ICBA chairman Jack Hartings. in Coldwater, Ohio, and ICBA’s incoming chairman, held fast to his community bank’s conservative lending practices. Jack Hartings Photo by Michael Nemeth. By Kelly Pike. The Peoples Bank Co. Coldwater, Ohio. Assets: $450 million.

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Ohio Community Bank Community Lending 70

Fintech Labs Insights

MARCH 2, 2017

Franchise owners will work with local small business owners in their community to support their needs for working capital. The Salt Lake City-based company will support franchisees by giving them access to Lendio’s marketplace and technology, training, marketing tools, national advertising, and partnerships.

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Lending Community Training Capital 12

Gonzobanker

MARCH 21, 2024

According to Randi Zeller, senior advisor to Community Reinvestment Fund, USA: “There is no lack of capital. Small business financial stress nearly reached a 10-year high in December 2023, as Equifax’s Small Business Delinquency Index nearly doubled, rising 95 basis points over the course of last year. are ‘underserved.’” To the U.S.

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Lending How To Capital Data 78

Lex Sokolin

JANUARY 14, 2021

Though of course they can, if packaged up into a bank holding company. This is why the OCC has spent so many calories on defining special purpose fintech charters , and why the local community bodies hate it. National banks can custody crypto assets. National banks can hold stablecoin reserves for customers.

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America Wyoming National Capital 52

Lex Sokolin

JANUARY 14, 2021

Though of course they can, if packaged up into a bank holding company. This is why the OCC has spent so many calories on defining special purpose fintech charters , and why the local community bodies hate it. National banks can custody crypto assets. National banks can hold stablecoin reserves for customers.

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America Wyoming National Capital 52

Lex Sokolin

DECEMBER 31, 2020

And of course also?—?haha! Decentralized Finance, Blockchain, and CBDCs Why Peer-to-Peer models fail against oligopoly, with Lending Club shutting down p2p platform, Seedrs/Crowdcube merging, and Morgan Stanley buying Eaton Vance for $7B. the Lending Clubs) end up becoming banks and seeking the thing it looked like they would disrupt.

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Fintech Bitcoin blockchain Google 52

Lex Sokolin

DECEMBER 31, 2020

And of course also?—?haha! Decentralized Finance, Blockchain, and CBDCs Why Peer-to-Peer models fail against oligopoly, with Lending Club shutting down p2p platform, Seedrs/Crowdcube merging, and Morgan Stanley buying Eaton Vance for $7B. the Lending Clubs) end up becoming banks and seeking the thing it looked like they would disrupt.

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Fintech Bitcoin blockchain Google 52

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Ag lending in the South: Relationships matter.

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Community Bank Community National Philadelphia 172

Lex Sokolin

OCTOBER 28, 2020

from virtual communities to augmented reality. Rather, communications and enterprise infrastructure. We are, of course, interested in the ways that the dynamics of such companies impact financial services, and the provision of those services across the world. Let’s do a complete turn this week to talk about infrastructure.

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blockchain Google National Apple 40

Filene

FEBRUARY 12, 2016

This financial purgatory isn’t sustainable for individuals or the communities they are a part of. With Filene to guide their way, 42 credit unions stepped forward and pilot tested these products with their members over the course of 18 months. Thankfully, in the far corners of the U.S.,

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Community National Innovation Study 28

Lex Sokolin

DECEMBER 25, 2019

Ethereum’s decentralized lending and trading are floating around 2,500 daily users. The lending product above is a bit more complicated. If you withdraw your Ether, you get charged an interest rate determined by an open governance community. Other things like Compound are essentially a securities lending marketplace?

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blockchain Bitcoin Software Lending 52

Filene

JULY 15, 2016

I sat down with Adam Lee , Filene's Incubator Director, to follow up on the blog post he wrote last week about the ongoing payday lending proposed regulations debate, to go a bit deeper into the issue. H: What are you keeping an eye on in the debate over the proposed payday lending regulations? Here’s what I learned.

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Community FDIC Meeting Lending 28