PYMNTS

JANUARY 5, 2021

The San Jose-based community development financial institution, or CDFI, on Tuesday (Jan. The Accion Opportunity Fund , which bills itself as the first organization with a nationally focused, small business microlending strategy, was launched in March 2020 when Opportunity Fund and the Accion U.S. Network teamed up.

San Jose 198

San Jose Lending Community California 198

Abrigo

JANUARY 17, 2024

Takeaway 2 AML staff should recognize human trafficking red flags and know their customers well to help detect suspicious activity in their communities. One issue that hurts people and communities everywhere is human trafficking, and January is Human Trafficking Awareness Month.

Training 259

Training Community Software Texas 259

Perficient

NOVEMBER 20, 2020

At Perficient, we are committed to giving back to the communities where we live and work. From volunteering at food banks and urban farms , to building homes and saving penguins , our colleagues selflessly give their time to make their communities a better place. Lend a Helping Hand. Pitching in for the Parks.

Chicago 322

Chicago Community National Groups 322

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Janet Silveria, Community Bank of Santa Maria. So, what’s at the top of community bank leaders’ to-do lists? What changes will 2022 bring?

Community Bank 144

Community Bank Community Lending Louisiana 144

South State Correspondent

AUGUST 21, 2023

That publication was referenced in the media as a US bank rating action, with a downgrade to ten larger banks (and a negative outlook to 11 other larger banks). However, that publication, directly and indirectly, identified three discrete risks affecting community banks.

Community Bank 195

Community Bank Community Capital Analysis 195

Abrigo

JUNE 3, 2019

SBA Lending Can Be a Hidden Gem for Some Institutions. With proper planning and the utilization of technology, SBA lending can boost customer acquisitions and deposits. Many argue that SBA lending is complicated, and while that’s true, it’s actually a good thing. SBA lending rewards financial institutions that are prudent.

Lending 150

Lending Resources Capital Technology 150

South State Correspondent

JULY 10, 2023

Next week’s article will consider the challenges and possible solutions for community banks to adopt loan hedging programs. A recent paper analyzed domestic banks’ use of interest rate swaps, and we will summarize their findings in this article. Of the largest 250 banks, 90% use interest rate hedges.

Community Bank 195

Community Bank Community Tools Management 195

Independent Banker

DECEMBER 1, 2021

The pandemic forced us to find new ways to interact with customers. 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. If you’re looking for all of the above, BHG is the answer.

Community Bank 91

Community Bank Community Fintech Guidelines 91

PYMNTS

MARCH 12, 2019

Federal Reserve Governor Lael Brainard said on Tuesday (March 12) that a more flexible look at banks through the lens of the Community Reinvestment Act (CRA) could potentially make capital available for regions outside the usual areas financial institutions cater to.

US 108

US Community Regional Lending 108

Independent Banker

JUNE 30, 2020

At times in our country, true independence has arisen from points of crisis—critical moments in time that require us to listen and reflect. Just think about the foundation of our nation so many years ago. A crescendo of events drove actions that ultimately led to the birth of a new nation. It doesn’t matter if you’re 25 or 85.

Community Bank 184

Community Bank Community social media National 184

South State Correspondent

AUGUST 21, 2022

Last week we wrote about loan-level vs. balance sheet hedging for community banks and provided our loan proposal generator ( HERE ). We compared and contrasted the two strategies and sized the market for community banks. A community bank may transact one or only a few balance sheet hedges over many years.

How To 195

How To Community Bank Community FDIC 195

South State Correspondent

JANUARY 16, 2024

The reason for the cessation of BSBY is simple – lack of use. BSBY was not well received by US regulators from its inception, but the market eventually embraced SOFR over BSBY. We published various articles comparing community bank alternatives to LIBOR (such as SOFR, Ameribor, Fed Funds, and Prime). No ISDA documents.

Community Bank 195

Community Bank Community Compliance CA 195

South State Correspondent

APRIL 12, 2022

We feel that as community bankers, we can learn much from Jamie Dimon (Chairman and CEO of JPM) and from Warren Buffet. As usual, it was full of insight that every community banker should consider. Our focus is on information that pertains to the community banking industry. 3) Community Focused. 4) Employee Focused.

Community 195

Community Community Bank Leadership Lending 195

South State Correspondent

FEBRUARY 20, 2022

Community banks refine their products and services to compete for better borrowing relationships – the better borrowing relationships are associated with better credit quality, meaningful cross-sell opportunities, acceptable margins and fee income, and higher return on equity (ROE). Using Loan Maturity as Differentiation.

Community Bank 195

Community Bank Community Marketing Regional 195

Independent Banker

AUGUST 31, 2022

Daniel Galindo, pictured, and Doug Schaeffer of Woodforest National Bank helped involve the community bank in providing funding for and access to affordable housing. Name: Woodforest National Bank. Doug Schaeffer, Woodforest National Bank. Doug Schaeffer, Woodforest National Bank. By Aileen McDonough.

Austin 91

Austin Texas Community National 91

Independent Banker

MARCH 31, 2022

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. We are not Wall Street banks—we are community banks.

Community Bank 239

Community Bank Community Industry Texas 239

Independent Banker

NOVEMBER 30, 2021

La Plata County commissioner Marsha Porter-Norton champions First Southwest Bank’s innovative lending. First Southwest Bank is carving out new business models to address a need for credit and financial services through nonprofit lending programs and software that leverages its community development financial institution (CDFI) funding.

Colorado 119

Colorado Community Bank Community New Mexico 119

South State Correspondent

DECEMBER 11, 2022

The yield curve shape is an excellent opportunity for community bankers to provide sound risk mitigation and balance sheet management advice to borrowers. We see many community bank borrowers desperately seeking a trusted advisor to help guide them through this volatile cycle. This question is a layup for us. Conclusion.

How To 195

How To Community Community Bank Examples 195

South State Correspondent

MARCH 6, 2023

We argued that community banks should favor 1.40X to 1.50X DSCR credits, as that is the minimum cash flow required to withstand a standard recession. Many national and regional banks incorporate a minimum debt yield ratio as an underwriting criterion. debt yield ratio ($135k divided by $1.5mm).

Community Bank 195

Community Bank Community Lending Regional 195

Jeff For Banks

APRIL 4, 2010

Community banks tout themselves as better than national and regional banks because of how close they are to their communities. A case in point: the First National Bank of Hallstead… now Peoples National Bank (see photo). When the bank opened in 1905, Hallstead was already a thriving community.

Community Bank 60

Community Bank Pennsylvania National Community 60

FICO

FEBRUARY 21, 2023

Expectations from Visa are that the GDP will turn negative once again in Q1 and Q2 of 2023 leading The National Bureau of Economic Research to declare a recession. The following card performance metrics help us understand the impact of the macro environment on the credit card industry at an aggregate level.

Trends 52

Trends Industry US Cards 52

South State Correspondent

JANUARY 4, 2023

In the past, you have seen us rank customer relevance and total experience as a top priority for banks – not in 2023. Lending Focus – Interest Rate Sensitivity and Credit Accuracy. If you look back over any recession, it is the two years prior when banks make 80% of their lending mistakes. Yeah, that was a mistake.

Community Bank 195

Community Bank Capital Training Lending 195

PYMNTS

FEBRUARY 25, 2019

The Conference of State Bank Supervisors (CSBS) said earlier this month that it had put in place a set of action items to standardize the national experience of FinTechs and non-bank entities. Our FinTech industry advisory panel did include a few community banks. This is an area that we are studying.”.

Regulation 147

Regulation Fintech Community Bank Community 147

FICO

NOVEMBER 29, 2018

This issue was discussed at the NAGGL 2019, National Association of Government Guaranteed Lenders, conference where hundreds of SBA lenders gathered to learn about policy changes, SBA online application submission solutions, how to create successful sales reps, and other trends in the industry impacting SBA lenders. Or visit our website.

Community 67

Community Community Bank Policies Leadership 67

Independent Banker

AUGUST 31, 2021

This year’s winners: Left: Central Valley Community Bank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional Community Bank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional Community Bank Service Award. Instead, we give those dollars to the community.”. Asset size: $1.36

Community Bank 196

Community Bank Community National Fresno 196

Independent Banker

APRIL 30, 2022

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.

Community Bank 172

Community Bank Community Montana Taxes 172

Independent Banker

APRIL 28, 2016

Ruby Valley National Bank is not much different from other community banks, except our risk threshold is probably higher than most. Serving a marketplace with a population of 7,800, where cows outnumber people by five to one, our community bank has developed strong agricultural lending expertise. By Ken Walsh.

Community Bank 70

Community Bank Community National Lending 70

Bobsguide

MAY 11, 2022

FMS being available in the AWS cloud has already demonstrated its benefits, helping a large multi-national U.S. bank on the West Coast roll out its lending solution. It is also a commitment to our FMS multi-cloud strategy which enables us to support customers who value a choice of cloud vendor.”. About Finastra.

Management 113

Management Software Innovation Strategy 113

Independent Banker

JANUARY 31, 2022

Here’s how four community banks are thriving in this environment. Clearly, community banks in the region have plenty of opportunities to do what they do best: forge deep and lasting relationships with their customers and communities. These include family-owned businesses, community businesses and operating companies.

Texas 182

Texas San Antonio Community Bank Community 182

Abrigo

OCTOBER 26, 2020

For this reason, I educate the elderly community as well as civic groups on scam activity and elder financial exploitation.” – Jacqueline Wells, The Farmers & Merchants State Bank. “I I am submitting this story on behalf of the Byline Bank BSA team which has taken all the hurdles thrown at us and come out a winner. SBA Lending.

Fraud 195

Fraud System US Compliance 195

Abrigo

DECEMBER 16, 2019

Ours, who is Senior Vice President and Director of Credit Administration of Summit and its 32-location bank subsidiary, Summit Community Bank Inc., Ours said that for Summit Community, which decided to use the cohort methodology, which is a loss migration approach, the choice came down to the availability of quality data. “We

West Virginia 195

West Virginia Virginia Data Community 195

Jeff For Banks

DECEMBER 9, 2020

But the report does suggest that financial institutions in their annual reports disclose all of the above, including how much lending they do to climate related industries. This is about using the power of regulation to exert political will that does not have enough popular support amongst the governed to enact legislation.

Lending 78

Lending Regulation Community National 78

Independent Banker

APRIL 30, 2019

I was blown away by the incredible community banks that are featured, and I have a feeling you’ll feel the same way! Even after such a phenomenal ICBA LIVE and the ICBA Capital Summit, which may be happening as you read this, I can still draw such inspiration from our nation’s community bankers. Cloud, Minn.

Community Bank 70

Community Bank Tampa Community Washington 70

PopularBank

OCTOBER 13, 2020

According to a recent study , the state experiences one of the worst racial wealth gaps in the nation. The Newark 40 Acres and a Mule Fund will bring pride and prosperity to our city as a whole and to our Black and Latinx business community in particular.”. NWK FAM Fund Seeks to Narrow the Wealth Gap in New Jersey.

New Jersey 52

New Jersey Community NJ New York 52

Abrigo

DECEMBER 20, 2021

Takeaway 3 There is not a statute of limitations on BSA violations, AML deficiencies are never behind us. Now is the time for community financial institutions to pay attention. We know from experience how consent order findings are used in future examinations. Lending & Credit Risk. Fundamentals of BSA. Learn More.

Resources 195

Resources Texas Analysis System 195

Social Assurance

SEPTEMBER 3, 2021

But despite this, community and connection has held us together. These are the bonds allow us to push through this confusion as one. Community bankers play a critical role in creating and strengthening these bonds. Community banks offer more than just banking services. Your Bank is a Part of the Story.

Community Bank 15

Community Bank Community Branding US 15

Gonzobanker

APRIL 8, 2020

Makes sense, because our observations tell us that little actionable content has been developed, tracked, analyzed and executed via website content management platforms and digital delivery channels. Email us for a list. As with digital banking providers, some agencies may only use one specific CMS. Email us for a list.

Leadership 173

Leadership Analytics System Digital Banking 173