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Scottsdale Community Bank: Making microloans

Independent Banker

Inspired by the entrepreneurship of lemonade stands, Scottsdale Community Bank created a microloan program. Photo by Brandon Sullivan De novo Scottsdale Community Bank set out to provide microloans to small and mid-size businesses, family organizations and nonprofits—a project that was inspired by the humble lemonade stand.

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Patriot National Hits Regulatory Snag In SBA Platform Plans

PYMNTS

Community bank Patriot National has hit a regulatory roadblock in its plans to launch a Small Business Administrative platform, but reports in American Banker on Thursday (March 13) said the financial institution remains undeterred by the challenge. Hana is one of the largest SBA lenders, facilitating $96.6

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DOJ announces settlement of redlining lawsuit

CFPB Monitor

The key allegations in the DOJ’s complaint are the following: During the relevant time period (2015-2021), the Newark, New Jersey-Pennsylvania Metro Division (Newark MD) as delineated in 2015 included Essex, Somerset, Union, Sussex, and Morris counties in New Jersey (Newark Lending Area). unlikely to be caused by chance) and sizeable.

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Community banks are thriving in Texas

Independent Banker

Here’s how four community banks are thriving in this environment. The 2020 Census quantified the growth many residents were already sensing: Austin grew by 33% between 2010 and 2020, earning it the rank of fastest-growing large metro. The Houston metro took the 10th spot with a 20.3% Photo by Dennis Burnett. By Mindy Charski.

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Claim: Racial Disparities Rampant in Three Midwest Metro Areas

American Banker

Mortgage originators aren't lending enough to people of color or the poor in the St. Louis, Milwaukee and Minneapolis metropolitan areas, the National Community Reinvestment Coalition said.

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The top-performing community banks of 2021

Independent Banker

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success. Philadelphia.

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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.