American Banker
AUGUST 14, 2023
The Canadian bank committed Monday to lending and investing over $2 billion in the Garden State's lower-to-middle income communities over the next three years. A $50 billion, multi-state agreement was scrapped earlier this year after TD failed to get approval to buy First Horizon Corp.
Independent Banker
AUGUST 31, 2021
Here’s what community bankers need to know when planning their budgets for the next year. These days, there’s a lot to contend with as a community bank, from changing consumer behaviors due to the pandemic to uncertainty surrounding the economy and inflation. Build a lending niche. By Cheryl Winokur Munk. Quick stat. Paul, Minn.,
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PYMNTS
JULY 3, 2019
Large financial institutions (FIs) are increasingly turning to FinTech firms and alternative lenders to augment their small business (SMB) offerings, but community banks are beginning to get on board with the partnership strategy , too. They’re very disciplined on credit and interest rate risk,” he said.
CFPB Monitor
OCTOBER 4, 2022
The Justice Department announced that it has entered into an agreement with Lakeland Bank to settle the DOJ’s claims that Lakeland engaged in unlawful redlining in the Newark, New Jersey metropolitan area. Those services were not available in majority-Black and Hispanic neighborhoods in the Newark Lending Area.
Independent Banker
JUNE 30, 2022
A new approach to loan protocols is just one way for community banks to grow in new and different directions. Amid changing economic conditions and rising rates, it’s a good time for community banks to re-evaluate their loan strategy with an eye on adaptability. David, Community Bank Consulting Services, Inc.
American Banker
FEBRUARY 15, 2024
Investors have hammered the New Jersey-based lender following the turmoil at New York Community Bancorp. But Valley executives say there are key differences between the two real estate-focused banks, and they express confidence that the bank's underwriting will hold up again this cycle.
PYMNTS
OCTOBER 22, 2019
New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. The companies announced their collaboration in a press release Monday (Oct.
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