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Managing Interest Rate Risk With a Bank Loan Term Sheet

South State Correspondent

We recently reviewed a loan term sheet from a national bank for a $13mm commercial real estate (CRE) loan. This particular national bank has the ability to offer the borrower an interest rate hedge or an on-balance sheet fixed-rate loan. The loan leverage ratio is 10.83 (total debt divided by net operating income (NOI)).

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Opportunities in Partnership: Community Banks Can Benefit from Today’s FinTechs

Independent Banker

Additionally, a recent survey by FIS shows that 37% of consumers began a new banking relationship with a major national or global bank that had a well-established online portal in the past 12 months. For community banks who are known for putting their customers first, this could be an area of concern. Benefits of FinTech partnerships.

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CVS To Open 50+ COVID-19 Drive-Thru Testing Sites

PYMNTS

The pharmacy chain said the opening of “hundreds” of further test sites throughout the nation will be made known over the next two weeks, according to an announcement. ” Self-swab tests will be available to patients who meet the criteria from the Centers for Disease Control and Prevention (CDC) as well as age guidelines.

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Popular Bank’s Commitment to Branch Health and Safety

PopularBank

As we continue to navigate the ongoing situation surrounding coronavirus/COVID-19, we remain committed to acting in the best interest of you – our team members and communities. Branch Operating Hours and Potential Branch Closures. Together, we can make a difference in keeping our communities healthy. Alerts to customers.

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Retail Group Fights Back Against Anti-Maskers

PYMNTS

The letter, from RILA President Brian Dodge , was addressed to National Governor’s Association Chair Lawrence Hogan (MD) and Vice Chair Andrew Cuomo (NY), asking them to push for specific and consistent mask mandates. RILA has finally had enough of the trend, and asked two governors for help in a letter released on Tuesday morning (July 7).

Retail 151
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Collaboration Is Key For Consensus On Cross-Border Payments

PYMNTS

Currently, there are 57 real-time payments rails operating in more than 72 countries, with even more under construction. Last week, seven European payments operators announced the European Mobile Payment System Association initiative, a new pan-European network focused on cross-border mobile payments. So, what’s the problem?

Payments 190
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Biz2Credit Bets On India’s Emerging Alt-Fin Market

PYMNTS

Biz2Credit is expanding its small business lending operations into a market without much experience with alternative finance. But the nation’s massive SME community struggles to find financing still, according to Arora. “This includes analytics-based lending, peer-to-peer lending and various other variants.”

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