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Small banks: Big challenges and big opportunities

Abrigo

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. How can community financial institution leaders manage their challenges and seize their opportunities at the same time?

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Bowman Concerned About Community Banks’ Exit from Mortgage Markets

ABA Community Banking

Speaking to attendees at a mortgage industry event in Kansas City, Missouri, today, Federal Reserve Governor Michelle Bowman expressed optimism about the trajectory of the housing market but raised concerns about the declining number of community banks remaining in the consumer real estate mortgage market.

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Chase Plans Expansion In Top US Markets In 2019

PYMNTS

The bank said about 30 percent of the branches will be in low or moderately low income communities. Louis, Missouri; Pittsburgh, Pennsylvania; Kansas City, Kansas and Greenville, South Carolina, among others. Over the next five years, the bank plans to open 400 new locations, which will need about 3,000 employees.

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At home with HOA banking

Independent Banker

Academy Bank COO Tom Kientz notes that the community bank was eager to expand its deposit and loan services. Today, the community bank has successful relationships with HOAs across the country. is a full-service commercial bank with 80 branch locations in Arizona, Colorado, Kansas and Missouri. Photo by Jason Tracy.

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Aiming for Earnings

Independent Banker

More than ever, community banks are exploring new ideas and unconventional approaches to achieving greater profitability. on profitability in community banking. on profitability in community banking. Missouri Bank sharpens focus on trimming expenses. Higher-volume lending has become more important to profitability.

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Industry Trade Groups Respond to FHFA Request for Input on PACE Transactions

CFPB Monitor

As previously reported , pursuant to the Economic Growth, Regulatory Relief and Consumer Protection Act (Act) the CFPB is conducting rulemaking to extend Truth in Lending Act ability-to-repay requirements to PACE transactions.). The deadline to respond to the request was March 16, 2020. RESPRO), and U.S. Mortgage Insurers.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. Online lending .

Lending 101