American Banker

SEPTEMBER 24, 2020

Before the pandemic emptied the city, few lenders benefited from the heady local real estate market as much as regional players New York Community Bancorp and Signature Bank. Now they're becoming a case study for potential trouble from a sudden downturn in the Big Apple's property sector.

Case Study 75

Case Study New York Regional Apple 75

American Banker

DECEMBER 29, 2020

The switch to Thomas Cangemi from longtime CEO Joseph Ficalora could foreshadow a push to curtail the company’s reliance on multifamily lending and the pursuit of a bank acquisition that lowers funding costs.

New York 39

New York Community Lending Regional 39

PYMNTS

DECEMBER 17, 2018

The Federal Reserve began raising interest rates about three years ago from almost zero, and after the financial crisis, many small and regional banks ramped up their lending with long-term and low-rate loans. They use more of their deposits for loans, and customer loss could affect a bank’s ability to frugally fund lending.

Virginia 144

Virginia Lending New York National 144

South State Correspondent

SEPTEMBER 20, 2023

For example, if you are a bank in California, Florida, New York, or Pennsylvania, going after private schools, colleges, or insurance companies should be considered due to not only the large number of target institutions but also the size of those institutions, which lends itself to having multiple banks.

Management 195

Management Survey Industry Community Bank 195

Payments Source

AUGUST 14, 2019

Black and Hispanic owners of one-person businesses are more likely to be discouraged from applying for financing, and they’re less likely to receive financing when they do apply for it, than their white counterparts, according to a new report from the New York Fed.

New York 67

New York Lending Report Community Bank 67

South State Correspondent

JANUARY 4, 2023

Building out the ever-important treasury management suite, targeting deposit-rich customer segments, and creating new savings products are all examples of how banks can build deposit balances at low cost, low-rate sensitivity, and high deposit convexity. Lending Focus – Interest Rate Sensitivity and Credit Accuracy. Conclusion.

Community Bank 195

Community Bank Capital Training Lending 195

PYMNTS

JUNE 15, 2020

While our lending business has served Main Street small businesses for years, we knew that as our sellers and their communities were facing deep economic uncertainty, we could play a meaningful role in disbursing stimulus funds,” said Jacqueline Reses , the head of Square Capital, in a statement. “I’m

Capital 141

Capital San Francisco New Jersey Massachusetts 141

Jeff For Banks

NOVEMBER 19, 2014

But in strategic planning retreats that I moderate, community financial institutions insist that they lend to small businesses. In fact, when I recently spoke to a group of New York bankers, I opined that community FIs would lend to small businesses only if they have three years of operating profit and a building as collateral.

Lending 95

Lending San Francisco Community Community Bank 95

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

Gonzobanker

DECEMBER 17, 2021

From nowhere, sizable regional players are being created. CAP COM and SEFCU in New York come to together to create an $8 billion cooperative organization. million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth.

Fintech 147

Fintech Strategy Leadership Lending 147

Jeff For Banks

APRIL 25, 2014

September 2004, driving from a meeting in New York, on the grossly miss-titled Cross Bronx Expressway, Nathan Stovall, a reporter from SNL Financial gave me a call. The question: What was up with an upstate New York bank? My answer: The CEO was 67 years old and that would obviously be an impetus for a sale.

Community 95

Community New York Indiana Connecticut 95

Independent Banker

SEPTEMBER 26, 2014

Michael Gilfeather on trust services opportunities in New York. in the Mid-Hudson Region of the Hudson Valley. IB: What’s your favorite thing about being a community banker? It’s a really simple and brilliant idea that lends itself well to community banks. I’m also an avid New York Jets fan.

New York 79

New York Community Community Bank Regional 79

American Banker

JANUARY 17, 2020

People's United in Connecticut is letting the loans run off its books as it invests in higher-yielding commercial loans.

Connecticut 48

Connecticut Regional New York Massachusetts 48

CB Insights

OCTOBER 10, 2017

in 2017 YTD (9/13/2017) — more money than the region has ever pulled in before. Those investing in the region include China’s tech giants , the region’s conglomerates owned by some of the region’s richest families, and venture capital funds. Its investments so far include a $1.5M hubert burda.

Regional 73

Regional Capital New York Management 73

South State Correspondent

APRIL 10, 2023

CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). The risk here is that community banks continue to take on an above-average amount of CRE credit exposure.

Community Bank 195

Community Bank Community Los Angeles Regional 195

Fintech Labs Insights

APRIL 5, 2017

We saw some great stuff at FinDEVr New York last month; stay tuned for videos of the live presentations! FinDEVr in the Springtime: Wrapping Up New York & Kicking Off London. FinDEVr in the Springtime: Wrapping Up New York & Kicking Off London. FinDEVr New York 2017 in Photos.

New York 15

New York Video Regional Lending 15

PYMNTS

FEBRUARY 2, 2017

With 498 lawmakers in favor and 114 against, the bill will now proceed to the revising chamber of Parliament, the House of Lords, and then eventually must receive a majority in the House of Commons before it can become law, The New York Times reported. Business-wise, it’s a smaller community. The Borrowing Slowdown.

Fintech 100

Fintech Comparison New York Report 100

Fintech Labs Insights

JULY 27, 2016

Our FinDEVr New York developer showcase was a success! The latest from FinDEVr New York 2016 presenters. Kabbage turns to Marketo for new marketing solutions. Cloud Lending Solutions adds new online modules to its Learning program. Google Cloud Platform opens its first West Coast region.

New York 12

New York Google Regional Capital 12

CB Insights

FEBRUARY 13, 2020

Stripe’s early success in acquiring customers was largely due to its mass appeal to the developer community. Business lending and corporate cards. Atlas reduces barriers to new business creation. Stripe also came on scene that same year, offering a new approach to the payments ecosystem. Fraud prevention tools.

Online 98

Online Company Retail Payments 98

NCR

SEPTEMBER 16, 2016

As American banks wrestle over what to do with their brick-and-mortar branches, “migration to mobile” and “declining foot traffic” have become the new industry watchwords, and branch networks have begun to pull back for the first time in a generation. Face-to-face interaction has a different, tangible value in smaller communities.

Community 40

Community New York City Management US 40

American Banker

OCTOBER 20, 2016

Signature Bank in New York reported a sharp decline in quarterly profits after suffering steep losses on its Chicago portfolio of taxi medallion loans.

Chicago 28

Chicago New York Report Regional 28

Jeff For Banks

MARCH 6, 2011

That is one reason I was so impressed with a southeast bank president that said to me "look around, you don''t see many executives over the age of 45 because they don''t get it [the new way of doing business]." I recently recommended an acquaintance of mine to a regional business banking executive who agreed to take a look at his resume.

Strategy 73

Strategy Leadership Training Industry 73

Gonzobanker

DECEMBER 20, 2019

Mark Turner, Executive Chairman of the Board, WSFS Bank – We have to give the nod to an early 2019 retirement of Turner, who had one hell of a run in 12 years at the helm of a great community and wealth bank. It was always clear how much Jones loves his credit union, his team and his community. Credit Union Lifetime Achievement Awards.

Idaho 148

Idaho Conference Data Marketing 148

Independent Banker

NOVEMBER 30, 2021

Many hotels and other hospitality businesses haven’t fully bounced back from COVID-19 travel and safety restrictions, but community banks have been by their side through the challenges. For other borrowers, the $596 million-asset community bank allowed deferrals of principal or, in some cases, full payment deferrals. Photo: R.J.

Community Bank 209

Community Bank Community Texas Dallas 209

Gonzobanker

DECEMBER 19, 2022

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. Let’s see how this new scale allows for big investments in future innovation.

Community 216

Community Fintech Industry Innovation 216

CB Insights

MAY 15, 2019

It operates two labs, one in Washington DC and the other in New York City, which focus on ventures that can have a significant business impact in the short term (from six months to three years). Deutsche Bank has innovation labs in Silicon Valley, London, Berlin, and most recently, New York (opened in 2017).

Innovation 78

Innovation blockchain Technology Groups 78

Gonzobanker

DECEMBER 19, 2016

Kim, the executives and the boards of both organizations who put rivalry aside to gain scale in the new world of banking where differentiation matters and community can be more than geography. Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Kim, the executives and the boards of both organizations who put rivalry aside to gain scale in the new world of banking where differentiation matters and community can be more than geography. Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on.

Utah 60

Utah System Community Marketing 60

PYMNTS

DECEMBER 11, 2017

But why then, you might ask, are so many pure-play eTailers, whose target audience is the millennial — like The RealReal and Rent The Runway , new marketplaces like OfferUp , deal aggregators like Groupon , alt lenders like SoFi and alt lending platforms like LendingTree — buying pricey blocks of airtime on CNN and CNBC to promote their brands?

Millennials 109

Millennials Video Maine Operations 109

CB Insights

OCTOBER 31, 2017

Fresco’s employees spent the next day awaiting news about their paychecks, only to find out that Meyer was having an “emergency meeting with executives” in the afternoon. Imzy was created by former Reddit employees Dan McComas and Jessica Moreno as a safer, friendlier version of the popular community site. Title: Unfortunate News.

Company 78

Company US San Francisco Capital 78

CB Insights

NOVEMBER 16, 2017

Lending Club made changes to its business model that created new opportunities for growth. Lending Club. People assume that porn is the first use-case for many new kinds of Internet services, and sometimes it is,” Susan Etlinger at Altimeter Group told the New York Times, recently. Delivery Hero. Stemcentrx.

Lending 78

Lending Capital Company Google 78

PYMNTS

AUGUST 14, 2017

As was noted late last month in the New York Post , Republican Rep. The effects have been felt keenly by community banks and regional banks, said the attorney, and expenses have been onerous, even though those smaller outfits did not engage in the same risky lending and trading activities that larger firms embraced.

Fintech 100

Fintech Regulation United States Lending 100