Abrigo

JANUARY 22, 2015

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. Small regional and community banks had a much higher approval rate (90 percent) for those firms classified as “Growers.”

Community Bank 150

Community Bank Community Regional Cleveland 150

PYMNTS

JANUARY 9, 2018

Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index. Here, again, lies another opportunity for community banks to fill the void. We urge you to make such legislation a priority.”.

Community Bank 131

Community Bank Community Fintech Lending 131

PYMNTS

FEBRUARY 24, 2016

One of the most significant: the health and importance of small businesses, and in particular, the “mom and pop” shops that line the main streets and side streets of our local communities. This quarter’s edition shows what happened, through the end of 2015, to the businesses that keep our local communities thriving and surviving.

Maine 100

Maine South Carolina New Hampshire Capital 100

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. NEW DATA: Inside Main Street SMBs’ Digital Shift. FinTechs Help Main Street Find Its Footing. It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news.

Maine 130

Maine ATM Innovation Millennials 130

PopularBank

OCTOBER 2, 2020

When we first opened our doors, we did so with a great sense of purpose and a vision to make a difference within our communities. I am proud to share that Popular’s commitment to meeting the diverse and growing needs of our customers and communities across all our regions is stronger than ever before.

Community 98

Community New York New Jersey Meeting 98

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

MerhantsBanks

MAY 4, 2021

Long-time Northfield resident and experienced community banker, Kirk Muhlenbruck, has been named the new Market President for Merchants Bank in Northfield, according to Dan Massett, Central Region President. Northfield, Minn. Since 2005, he had been with […].

Marketing 98

Marketing Leadership Maine Regional 98

PYMNTS

MAY 4, 2017

In his prepared remarks, CEO Mark Zuckerberg called out two main areas of focus: connecting communities and combating the fake news and violence that has taken center stage of late. “In Now, with that foundation, our next focus will be on building community. In the U.S. ARPU hit $4.23

Community 100

Community Video Tools Maine 100

PYMNTS

JUNE 4, 2019

Payment company PayFi and The Clearing House (TCH) have partnered to bring real-time payments technologies to the community banks on PayFi’s Branch99TM Real-Time Platform, according to a release. “We PayFi said its main goal is to speed up the adoption of real-time payments and relationship banking for community banks.

Community Bank 120

Community Bank Payments Community Regional 120

PYMNTS

DECEMBER 14, 2020

The new tool is available to Dashers in select regions across the East Coast. The rollout of this new tool is part of DoorDash’s Main Street Strong Pledge , which is designed to give Dashers financial empowerment while also empowering local communities. A nationwide launch is planned for early next year. .

Tools 238

Tools Washington New York Maine 238

PYMNTS

NOVEMBER 17, 2020

Simon specializes in regional malls and outlet centers. Our properties continue to be a town square destination for the communities they serve,” said Andy Hutcherson , senior vice president of Innovation and Customer Experience at Simon, in the release. Trip consolidation was cited as the main reason by 41 percent of the respondents.

Retail 212

Retail Customer Experience Maine Regional 212

PYMNTS

SEPTEMBER 29, 2020

But, as Shoihet said, these firms account for roughly 50 percent of trade volume in the LATAM region. The other 50 percent, he said, comes from the SMBs that are being overlooked by the traditional financial services community, he told PYMNTS — and who create a majority of jobs in the region.

United States 286

United States Regional America Trends 286

South State Correspondent

JANUARY 18, 2023

There are four main reasons why prepayment provisions increase profitability for banks. The first is a step-down, and it is by far the most common prepayment provision used by community banks. It is a standard provision at most national and larger regional banks that offer long-term fixed-rate financing.

Community Bank 195

Community Bank Examples Community How To 195

South State Correspondent

AUGUST 8, 2022

Insight #1 – Deposit & Margin Management: Deposit runoff has started and will make it to community banks by October. For 2Q, larger community banks lost about 0.3% More to this point, community banks will see increased competition from online-only banks. Insights Based on 2Q Bank Earnings.

Trends 195

Trends Community Bank Community Retail 195

PYMNTS

JULY 31, 2017

According to the FinTech’s latest “ Performance Against Customer Expectations (PACE) Report ,” SMEs are unhappy with a lack of options for high-tech products and services, and as more small businesses switch banks, analysts say this discontent could accelerate bank-switching among the nation’s small business community.

Survey 112

Survey Community Bank Community Regional 112

South State Correspondent

JANUARY 22, 2023

In a previous article ( here ), we discussed why commercial loan prepayment protection would be a critical return on asset (ROA) driver for community banks in 2023. We outlined the four main reasons why prepayment provisions increase profitability for banks. However, many community banks cannot hedge all of their commercial loans.

Community Bank 195

Community Bank Community Capital Maine 195

PYMNTS

OCTOBER 10, 2017

One of the FSB’s 31 regional councils will put forward a no-confidence vote during the national council meeting this week, the publication said, as some supporters express doubt over the Federation’s plans to shake up its membership structure. Additionally, regional branches would not receive funding from the board for running costs, either.

Regional 100

Regional Meeting National Maine 100

PYMNTS

AUGUST 23, 2019

The cross-border payments community has had to respond quickly and crucially together to address the challenges of bringing compliance processes up to the speed demanded by global businesses’ expectations of faster cross-border payments. To solve the problem, organizations need to take more of a community-based approach.”. KYC Issues.

Compliance 192

Compliance Security Payments Community 192

PYMNTS

JUNE 27, 2019

When small business (SMB) investment marketplace MainVest announced a $3 million Seed funding round last week, it did something that many Main Street SMBs cannot do. Exploring the importance of the small business through the lens of its immediate community is a critical component of promoting education among entrepreneurs.

Capital 145

Capital Community Oklahoma Maine 145

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

PYMNTS

JUNE 2, 2020

As traffic to digital banking has increased and all indications appear to be that adoption will re- main high, it’s critical that financial institutions can still offer the personalized experiences that users desire,” Brown said. Banks and credit unions collect an enormous amount of data for each of their users.

Digital Banking 133

Digital Banking User Experience Meeting Fintech 133

Independent Banker

JANUARY 31, 2019

It never ceases to amaze me how powerful we are when we work together, community bankers. First and foremost, we have a new farm bill—something that is good for American agriculture and for community bankers’ ability to provide credit to support their local economies. As a community banker in Taos, N.M., And while S.2155

Community Bank 70

Community Bank Wisconsin Community Texas 70

Abrigo

MARCH 20, 2015

For those banks under the regulation’s asset size threshold, bank examiners encourage a variety of checks that can best help a Main Street bank from falling victim to a shifted economy. The list highlights the top 20 banks within each region of the U.S. Bank health is also important on the surface level. with the lowest Texas Ratios.

Texas 150

Texas Regional California Community Bank 150

PYMNTS

FEBRUARY 22, 2018

Regulatory efforts to promote FinTech innovation, a bustling climate for blockchain and interest from other markets eyeing the region for expansion have all led to Southeast Asia’s impressive standing in this space. At present, the report found, it takes an average of 15 days for a small business in the region to be approved for a loan.

Fintech 104

Fintech Regional Resources blockchain 104

South State Correspondent

JANUARY 4, 2023

Many community banks have an inherent strategic advantage in bringing a new product to market faster than a national bank, yet they squander their position. As a result, national banks are eroding the customer base of the community bank. That market share has come mainly from regional and community banks. Conclusion.

Community Bank 195

Community Bank Capital Lending Training 195

American Banker

SEPTEMBER 8, 2020

Only one of the 118 loans bought by the Federal Reserve through Aug. 31 was close to the $250,000 minimum in the rescue program, aimed small to midsize businesses hurt by the pandemic.

Maine 42

Maine Community Bank Regional Community 42

Gonzobanker

MARCH 9, 2022

While both firms have strong underlying technology and development shops, neither Finxact nor Technisys has the functional requirements to service all consumer and commercial account types for most regional and community banks. Fiserv’s main focus will be to position Finxact toward the broader “banking as a platform” tech market.

Financial Technology 134

Financial Technology Technology Fintech Community 134

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. Location: Augusta, Maine. Last year was earth-shattering in many ways.

Community Bank 196

Community Bank Community National Fresno 196

PYMNTS

OCTOBER 16, 2019

In regard to big national banks, or even regional banks, he said, that rule makes some sense. The intention is to prevent a variation of digital red-lining — wherein FIs can use known data about certain ZIP codes and regions as a proxy for screening data they are explicitly not allowed to use to exclude certain types of borrowers.

social media 110

social media Online Groups Video 110

PYMNTS

JUNE 6, 2019

But now, they can do something they love and really re-engage with a broader community while earning a supplementary income,” Lawrence told a news outlet. As it expands, Traveling Spoon increasingly relies on regional community leads in select locations to serve as on-the-ground point people.

Chicago 122

Chicago Community Washington New York 122

PYMNTS

JULY 2, 2019

Now the company, recently off its initial public offering (IPO), reportedly is “ showing JUMP bikes, scooters and Lime scooters in the main map you see when you first open the Uber app in Atlanta, Ga. The Asia Pacific region has the most employees outside of China, so job cuts there were the first step in the consolidation process.

San Diego 109

San Diego San Francisco Atlanta Maine 109

PYMNTS

JUNE 24, 2019

The parties rarely meet in person, presenting a trust issue that can become an even bigger problem when employers have to make payments across borders as payment preferences vary between regions. We take great care in trying to understand what our users’ needs are by getting deep into the community where the pain points are.”.

Marketing 100

Marketing Community United States Payments 100

PYMNTS

NOVEMBER 24, 2020

The following Deep Dive examines how the ordering behaviors of consumers from different communities have evolved in recent months and explores how their use of loyalty and rewards programs is changing. A recent PYMNTS survey shows that the main reason consumers are not using loyalty programs is because they do not exist.

Online 142

Online Mobile Digital Strategies Strategy 142

PYMNTS

MAY 30, 2018

That finding comes care of data gathered by 12 regional Federal Reserve banks in a survey conducted over the third and fourth quarter of 2017. lost more than a quarter of its community banks, according to the Federal Deposit Insurance Corp. In the 10 years following the financial crisis, the U.S.

Lending 115

Lending Community Bank Survey Community 115

PYMNTS

JULY 31, 2018

Meanwhile, Africa saw a regional payments system gain new momentum. Central Africa’s regional electronic money transfer platform, GIMAC, recently signed a deal with B2B mobile wallet transaction company TerraPay to support instant cross-border remittances within the Central African Economic and Monetary Community.

Retail 148

Retail Trends Payments Regional 148

Independent Banker

MAY 24, 2016

For example, the accounting standard will now be crystal clear that community banks can forgo certain unnecessary or inappropriate disclosures. They avoid what otherwise would have become seriously unworkable accounting requirements for community banks. Everyone contributed to this crucial victory. We must stay on point.

Community Bank 72

Community Bank Community Policies Leadership 72

PYMNTS

NOVEMBER 13, 2017

Grab , which started as a two-way marketplace for ride-hailing, is one of many organizations investing in the region to try and break down that barrier. Across the region, other merchants like Muhammed are sharply aware of their cashflow, supply chain and business growth needs. The only thing in the way was the system itself.

Regional 100

Regional System Community Strategy 100