Abrigo

JULY 20, 2021

In a recent survey of more than 250 bankers representing banks and credit unions, 61% of respondents said their financial institution plans to maintain or increase SBA loan origination this year and beyond. SBA loan origination can be especially lucrative for community financial institutions now.

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

JULY 20, 2021

In a recent survey of more than 250 bankers representing banks and credit unions, 61% of respondents said their financial institution plans to maintain or increase SBA lending this year and beyond. SBA lending is especially lucrative for community financial institutions now.

Lending 195

Lending FDIC Capital Risk Management 195

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. Bunnell; and Doug, Genelle and Jagger Jones.

Community Bank 172

Community Bank Community National Philadelphia 172

Celent Banking

JUNE 22, 2017

Source: FDIC, Celent analysis. In a May 2017 survey of Celent’s Branch Transformation Research Panel, we found that a significant majority of smaller institutions (those with assets less than $10 billion) are planning to increase the number of operational branches over the next two years – just the opposite among larger banks.

Study 125

Study Community Bank Trends Analysis 125

Independent Banker

SEPTEMBER 25, 2014

Anticipating what’s new for your community bank’s next field examination. This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. increased operational risks. By Karen Hoffman. Be aware of existing or emerging risk concerns.

Compliance 101

Compliance Regulation Community Bank Community 101

PYMNTS

MARCH 4, 2019

Council member and bill sponsor Ritchie Torres has said the ban is a way to make sure lower income communities, and those of color, are not shut out of marketplaces. And those stakeholders include ATM operators. The debate will likely get increased scrutiny and input from stakeholders.

Retail 129

Retail New York City New York New Jersey 129

PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

Filene

JULY 15, 2016

The goal is to bring the best ideas to the marketplace where they can make a real difference and positive impact in the lives of consumers and all communities. A: One that I’m most excited about is the Community Microfinance Small Business Lending opportunity.

Community 28

Community FDIC Meeting Lending 28

Jeff For Banks

DECEMBER 23, 2016

According to a 2015 FDIC National Survey of Unbanked and Underbanked Households , seven percent of US households were unbanked, meaning they had no account at an insured financial institution, and 19% were underbanked, meaning they used non-traditional financial providers like pre-paid cards and/or payday lenders. How about you?

Taxes 60

Taxes Meeting Resources FDIC 60

Filene

OCTOBER 3, 2016

Earlier this summer, Filene released a research report that examined a systemic problem we face in this country—the lack of accessible financial service options in many low-income, urban communities. Allowing youth to run the operations to give them business experience. Providing youth with their own space to learn about money.

Video 64

Video Millennials Training Resources 64

PYMNTS

MARCH 2, 2018

Frankly, whenever miners arrive, communities aren’t so willing to roll out a red carpet — because, as neighbors go, miners are kind of a fizzle. Read, bitcoin is something of a public nuisance for the community, as miners have started showing up in droves to set up companies that can make use of the town’s unusually low power costs.

Bitcoin 104

Bitcoin cryptocurrency Taxes Community 104