PYMNTS

MARCH 26, 2020

Each week, PYMNTS will round up some of the latest initiatives from governments, banks and FinTechs around the world to lend support for small businesses struggling as a result of the coronavirus. Pennsylvania Offers State-Level Support.

Payments 173

Payments Pennsylvania Kansas City Wyoming 173

CFPB Monitor

OCTOBER 12, 2020

Topics will include credit card and payments regulation, fair lending, Fintech developments, enforcement developments, student and mortgage lending and servicing issues, debt collection, Community Reinvestment Act rules, and anti-money laundering.

Nevada 60

Nevada New Jersey Pennsylvania Lending 60

PYMNTS

AUGUST 12, 2019

She graduated from Spelman College and earned her MBA from The Wharton School at the University of Pennsylvania. The company revealed that David Kowach has been named head of community banking, while Jim Hays has come on board as president and head of Wells Fargo Advisors. Her first day will be Aug.

New York City 179

New York City Pennsylvania New York Community Bank 179

PYMNTS

MARCH 13, 2019

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.

St. Louis 145

St. Louis US South Carolina North Carolina 145

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. When the bank opened in 1905, Hallstead was already a thriving community. But the communities the Bank serves continue to be resilient.

Community Bank 60

Community Bank Pennsylvania National Community 60

PYMNTS

JANUARY 29, 2020

As online lending platforms proliferate among the SMB borrowing community, however, experts warn that a lack of regulation means these companies rarely publicly reveal interest rates and fees. “We have seen small businesses destroyed by online lending.” ” Knowing Their Options. . ” Knowing Their Options.

Lending 136

Lending New York Online New Jersey 136

Abrigo

JANUARY 15, 2015

With mortgage rates down in the US , many homebuyers are looking locally to their community banks to finance their new, potentially life-changing purchase. In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending.

Cleveland 150

Cleveland Detroit Michigan Community Bank 150

American Banker

AUGUST 6, 2020

Spinning off its digital bank will allow Pennsylvania-based Customers to beef up its commercial lending and buy other banks. BankMobile, meanwhile, plans to pursue more white-label relationships and perhaps explore its own acquisitions.

Pennsylvania 74

Pennsylvania Company Lending Digital Banking 74

PYMNTS

SEPTEMBER 24, 2018

In Pennsylvania, for example, Wells Fargo , PNC and Citizens are the leading banks. ” As a result of the branch openings, JPMorgan said it will hire as many as 300 employees for the Philadelphia branches and will put $3 billion for mortgages and small business lending in the area. .” JPMorgan is the largest U.S.

Philadelphia 133

Philadelphia Trends Delaware New Jersey 133

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

Jeff For Banks

OCTOBER 3, 2015

Glenn Moyer, the former Secretary of the Pennsylvania Department of Banking and Securities (pictured), spoke at a banking industry event this past week. Some of the more common complaints include regulatory guidance that seems to change with the breeze, and community banks being treated like “too big to fail” (TBTF). He rolled with it.

Pennsylvania 60

Pennsylvania Regulation How To Management 60

American Banker

APRIL 14, 2020

The Pennsylvania company said it faces $7.5 million in potential exposure from a commercial lending relationship.

Pennsylvania 38

Pennsylvania Fraud Lending Company 38

American Banker

NOVEMBER 23, 2016

The Pennsylvania company has redoubled its outreach to low- and moderate-income consumers by partnering with Operation Hope on a down payment assistance program and naming a veteran banker to the newly created post of director of fair and responsible banking.

Lending 28

Lending Pennsylvania Operations Payments 28

American Banker

MAY 31, 2016

At least three community banks have hired lenders who once worked at banks bought by BB&T. The question is whether those lenders can coax their clients to also make a switch.

Pennsylvania 28

Pennsylvania Community Bank Community Strategy 28

Jeff For Banks

JANUARY 28, 2012

Community financial institutions are grappling with the recent and pending mortgage rules. Two of our clients recently did so, and are finding ways to profitably offer this staple loan product to their customers and communities. But come on people, although down, $55 billion of loans are being funded per year in Pennsylvania alone!

Marketing 86

Marketing Pennsylvania Lending Community 86

American Banker

MAY 26, 2020

The bank is trying to recover millions of dollars in returned deposits. It also has a $14 million loan to the company that allegedly conducted the scheme.

Pennsylvania 31

Pennsylvania Company Community Bank Community 31

Jeff For Banks

DECEMBER 28, 2023

I work for The Kafafian Group, a community bank consulting firm based in Bethlehem, Pennsylvania. Many of my readers might not know what my firm does, so I want to dedicate this post to the problems we help community bankers solve. We offer an online portal where clients can view their reports down to the general ledger level.

Groups 87

Groups Capital US Community 87

Jeff For Banks

DECEMBER 7, 2019

billion in assets community bank with 22 branches that encircle the Seattle Sound. Two weeks ago I was at Cara Mia's having a chicken parm two blocks from their headquarters in Dunmore, Pennsylvania. Founded in 1980, Plumas Bank is a full-service community bank headquartered in Quincy in Northeastern California. They are a $6.2

Indiana 78

Indiana South Dakota Oregon Community Bank 78

Independent Banker

AUGUST 26, 2015

A Pennsylvania community bank’s perspective on the rewards and potential perils of developing a separate business line. Forming new business lines—if carefully planned and considered—can be a potentially significant way for a community bank to boost revenues and profits. which had long-established ties to the local community.

Operations 70

Operations Community Bank Community Management 70

Jeff For Banks

NOVEMBER 14, 2010

I''m talking about First Commonwealth Financial Corporation ("FCF") and S&T Bancorp ("S&T") of Indiana, Pennsylvania. Most readers have no idea where on a map you can find Indiana, Pennsylvania. Indiana and its surrounding communities lack the growth that can support such ambitions.

Indiana 67

Indiana Pennsylvania Alabama Philadelphia 67

Jeff For Banks

JUNE 30, 2017

Professor of city and regional planning at the University of Pennsylvania. For example, the securitizing of the residential lending business moved most of that business away from banks to mortgage bankers and brokers, that far and away were the culprits behind preying on the underbanked. Didn't see that coming. Even in spite of it.

America 60

America Report Pennsylvania Regulation 60

Jeff For Banks

APRIL 17, 2010

The Pennsylvania Turnpike’s Valley Forge rest stop is a common waypoint for me on my travels. So why can’t we achieve premium pricing in community banking? And what about “superior customer service” or “access to decision makers” I keep hearing about in community bank strategy sessions? The winner: generic brand.

Branding 60

Branding Management Community Bank Community 60

American Banker

SEPTEMBER 13, 2016

With prolonged low interest rates, Centric Bank is targeting niche groups while eyeing ways to poach customers from recent sellers in Pennsylvania.

Pennsylvania 28

Pennsylvania Capital Groups Community Bank 28

Jeff For Banks

MARCH 13, 2010

Franklin Financial Services Corporation, parent company for F&M Trust Bank in Chambersburg, Pennsylvania, invests in the Franklin Future Fund, a non-bank investment company that makes venture capital investments in the Cumberland, Franklin, Fulton, and Southern Huntingdon counties. They also employ members of the community.

New York 60

New York New Jersey Community Pennsylvania 60

Jeff For Banks

MARCH 13, 2010

Franklin Financial Services Corporation, parent company for F&M Trust Bank in Chambersburg, Pennsylvania, invests in the Franklin Future Fund, a non-bank investment company that makes venture capital investments in the Cumberland, Franklin, Fulton, and Southern Huntingdon counties. They also employ members of the community.

New York 60

New York New Jersey Community Pennsylvania 60

Jeff For Banks

SEPTEMBER 13, 2011

The rest of this post goes to our number 3 bank: #3: ESB Financial Corporation (Nasdaq: ESBF) of Ellwood City, Pennsylvania ESB started in 1915 as the Ellwood Federal Savings and Loan in Ellwood City. ESB does traditional mortgage lending, with some commercial real estate too, funded by retail deposits with a heavy dose of CDs.

Arkansas 67

Arkansas Charlotte Pennsylvania Management 67

Fintech Labs Insights

MARCH 28, 2016

Three Finovate alums brought in new cash: Kreditech raised $11 million for its banking and lending services for the underbanked. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. Automated lending solutions for financial institutions. Automated lending solutions for financial institutions.

Company 12

Company Fintech San Francisco New York City 12

CFPB Monitor

JULY 11, 2022

When the Truth in Lending Act became law in 1969, the Federal Reserve Board soon thereafter promulgated its implementing regulation, Regulation Z. Perhaps, the meeting should be jointly sponsored by the CFPB and the Penn Program on Regulation at the University of Pennsylvania.

Regulation 78

Regulation Meeting Pennsylvania Compliance 78

CFPB Monitor

SEPTEMBER 13, 2018

57, disapproving of the CFPB’s Bulletin 2013-2 regarding “Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act.” As the Supreme Court aptly recognized in Inclusive Communities , limitations on disparate impact liability are necessary to protect potential defendants from abusive disparate impact claims.

Rhode Island 60

Rhode Island District of Columbia North Carolina Vermont 60

CFPB Monitor

AUGUST 30, 2018

Supreme Court ruling in Texas Department of Housing and Community Affairs v. Inclusive Communities Project, Inc. The trade groups’ views are set forth in comment letters submitted to HUD in response to its advance notice of proposed rulemaking seeking comment on the need for revisions to the Rule following Inclusive Communities.

Groups 68

Groups Rhode Island District of Columbia North Carolina 68

American Banker

FEBRUARY 14, 2020

A large charge-off and an additional loan-loss provision reduced quarterly profit by 12%, to $47.8 million.

Pennsylvania 31

Pennsylvania Community Bank Community Lending 31

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. We are in awe. Seriously in awe.

Fintech 195

Fintech Community Regional Technology 195

Gonzobanker

DECEMBER 20, 2018

Goes to Greg Smith, retiring CEO of Pennsylvania State Employees Credit Union. CVB Financial acquires Community Bank. With active investment and community engagement, Hispanic membership growth at ICCU is now more than twice the rate of other household segments. We hope we see you on the green boys! Easy as a golf swing.

Fintech 105

Fintech Conference Innovation Community 105

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. The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign. Check it out on YouTube.

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. The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign. Check it out on YouTube.

Utah 60

Utah System Community Marketing 60