article thumbnail

Lenderfit Launches SMB Lending Tech In Beta

PYMNTS

Small business lending technology company Lenderfit has rolled out its services in beta, connecting financial institutions to solutions to facilitate small business lending. Reports in Insider Louisville said the Louisville-based startup launched in beta this week, according to CEO David Taliaferro.

Lending 128
article thumbnail

Podcast: Church Lending and Other Ways to Renew Urban Neighborhoods

ABA Community Banking

As urban areas across the country grow and change, community development financial institutions like Metro Bank in Louisville, Ky., The post Podcast: Church Lending and Other Ways to Renew Urban Neighborhoods appeared first on ABA Banking Journal. are meeting the unique needs of these evolving neighborhoods.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CFPB announces new appointments to advisory groups

CFPB Monitor

The CFPB announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council. New members to the Consumer Advisory Board will serve three-year terms and new members to the Community Bank and Credit Union Advisory Councils will serve two-year terms. Kathleen C.

Groups 60
article thumbnail

Regulation and Compliance: Ready for Review

Independent Banker

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. As Barr points out, most community banks—close to 75 percent—are now growing their loan portfolios. By Karen Hoffman.

article thumbnail

Efficiency now: 8 smart strategy tips

Independent Banker

Fallout from recent global events presents an obstacle to generating revenue for community banks. Since COVID-19, profitability planning for community banks has mainly hinged on how the government was coping with the pandemic and the key role financial institutions played in keeping the economy afloat. By Elizabeth Judd.

Strategy 135
article thumbnail

Who were ICBA’s Top Lenders of 2022?

Independent Banker

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.