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

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

PYMNTS

JULY 27, 2018

intelligence experts are warning of the risks of major cyberattacks on the technology operating throughout businesses’ supply chains, according to BBC reports Thursday (July 26), raising alarms for enterprises that increasingly rely on software to function and interact with their business partners. A report by the U.S.

Community 104

Community US Software National 104

PYMNTS

AUGUST 9, 2020

There will also be receipt managing sub-accounts for tax purposes, and other such perks. Community banks have been an integral part of the response to the coronavirus pandemic, according to Treasury Secretary Steven Mnuchin , who said on Twitter that they had helped process over $875 million in Paycheck Protection Program (PPP) loans.

Tools 168

Tools Community Bank Community Taxes 168

PYMNTS

APRIL 30, 2018

National Small Business Week is this week in the U.S., and finance experts are celebrating with new data on the state of the entrepreneurial community. But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too.

Taxes 144

Taxes America National Community 144

Abrigo

JUNE 8, 2022

World Elder Abuse Awareness Day is an international United Nations observance day commemorated each June 15 by most countries around the globe. Elder abuse and elder financial exploitation (EFE) are growing concerns in our families and communities, especially as the baby boomer generation hits their senior years. Need to Know.

Training 195

Training Fraud National Resources 195

PYMNTS

MARCH 15, 2019

Some of the largest global financial institutions are taking steps further into Mexico’s small business lending and finance space, the result of heightened competitive pressure imposed by FinTechs and alternative lenders in the market, reports in the Wall Street Journal said Thursday (March 14). ”

Lending 189

Lending Fintech National Taxes 189

Jeff For Banks

JULY 6, 2013

Why don''t we play a critical role in solving the nation''s retirement problem? I recently read a report by the US Senate Committee on Health, Education, Labor and Pensions titled The Retirement Crisis and a Plan to Solve It , led by Senator Tom Harkin (D: Iowa). The employee can save all of the needed savings tax deferred.

Community Bank 106

Community Bank Community National Iowa 106

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. But that might not be the best move for your financial institution or your community. You might also like this webinar on credit department housekeeping.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

JUNE 16, 2020

They spoke before the Subcommittee on National Security, International Development, and Monetary Policy Tuesday. Additionally, Kellerman called for a tax credit to encourage firms in the financial vertical to set aside 10 percent of their information technology (IT) budgets at a minimum toward cybersecurity.

US 227

US Cyber Security Security National 227

PYMNTS

MAY 12, 2020

A survey by the National Community Pharmacists Association last fall found the number of independent pharmacies fell by nearly 20 percent to 18,478 stores last year, down from 23,029 in 2012. The closures represent a loss of nearly $17 billion in annual revenue, 15,000 jobs and millions in tax revenue.

Survey 200

Survey California Taxes Online 200

Gonzobanker

FEBRUARY 22, 2024

Community banks need to analyze the demographics and varied business segments to identify the growth potential of each market. Another key player for successful small business banks is the vice president of business lending, who manages the relationship managers and reports to the chief lending officer.

Lending 78

Lending Community Bank Community Strategy 78

Qudos Bank

FEBRUARY 15, 2024

This could be offering banking products with competitive rates and fairer fees, giving back to charities and community initiatives, or having their equal say in the governance of the company. This direct involvement aims to create a sense of ownership and community, and helps you ensure your interests are represented.

Community 52

Community Taxes Policies Retail 52

PYMNTS

AUGUST 4, 2020

The DOJ has reportedly raised questions regarding possibly antitrust issues if Intuit, the TurboTax maker, takes over its past competitor that provided complimentary tax preparation technology. Department of Justice (DOJ) has started to examine Intuit ’s $7.1 billion acquisition of Credit Karma. Six more U.S. Six more U.S.

Google 142

Google Payments Study Digital Banking 142

Abrigo

SEPTEMBER 10, 2021

financial system enhanced the criticality of detecting and reporting financial crime, including the financing of terrorist acts against our country. . The 9/11 Commission Report mandated by Congress after the attacks exposed this misconception, proving that the financing of the terrorists did flow through the U.S. Before 9/11.

Training 195

Training Risk Management Pennsylvania Resources 195

Qudos Bank

NOVEMBER 13, 2023

This could be offering banking products with competitive rates and fairer fees, giving back to charities and community initiatives, or having their equal say in the governance of the company. This direct involvement aims to create a sense of ownership and community, and helps you ensure your interests are represented.

Community 52

Community Taxes Policies Retail 52

PYMNTS

MAY 4, 2020

In Malaysia, a reader submission for The Malaysian Insight says the nation’s rallying cry, “Kita jaga kita,” should apply to the business community supporting its small business members though consistent supplier payments. In the U.S., who worked at companies of varying sizes … We learned that in the U.S.

Payments 161

Payments Chicago National Data 161

Abrigo

AUGUST 11, 2016

According to the Credit Union National Association (CUNA) , credit unions had a record year in 2015, with 3.7 CUNA reported in 2013 that mobile payments were growing at an annual rate of 68 percent. A recent article in the Milwaukee Wisconsin Journal Sentinel notes, “More community bank takeovers by large credit unions are likely.”

Michigan 150

Michigan Milwaukee Indiana Wisconsin 150

PYMNTS

JUNE 14, 2018

A new report from The National Cybersecurity Society (NCSS) published this week warns that business identity theft is an emerging threat for entrepreneurs and executives. ” report examines how this crime occurs, and what business owners can do to protect themselves and their companies. That figure rose to 10,000 last year.

Fraud 109

Fraud Taxes Resources National 109

Abrigo

NOVEMBER 21, 2019

The US is at a disadvantage without a national beneficial ownership registry. . Customer due diligence (CDD) and enhanced due diligence (EDD) have become common phrases in the anti-money laundering community. Is a national beneficial ownership database in the works? The importance of CDD and EDD around beneficial ownership.

United States 195

United States Regulation National Taxes 195

CFPB Monitor

MARCH 17, 2020

FHFA describes PACE transactions as being part of residential energy retrofitting programs that are created through special state legislation and result in the financed part of the transaction resulting in a tax assessment on the home, which is a ‘‘super-priority lien’’ over existing and subsequent first mortgages. (As

Industry 78

Industry Missouri Groups Florida 78

PYMNTS

MARCH 11, 2016

Fortune shares that a new report from online real estate company RealtyTrac analyzed the value (including appreciation and property taxes) of homes located in U.S. Which retail store do you live closer to — Target or Walmart? The answer could affect the worth of your home.

Study 100

Study Taxes Community National 100

PYMNTS

MAY 6, 2019

Below, PYMNTS breaks down some of the most important data points from a range of research reports on the state of the U.S. Of them, just 19 percent have opened a line of credit, a figure that causes concern for Bank of America Head of Small Business Sharon Miller, who said the data point is “too low,” Reuters reported last week.

Survey 115

Survey America Analysis Data 115

Abrigo

DECEMBER 20, 2021

Now is the time for community financial institutions to pay attention. T he CBOT enforcement action states that the bank failed to report hundreds of suspicious transactions to FinCEN even after the bank became aware that specific customer s were involved in criminal investigations. Fundamentals of BSA.

Resources 195

Resources Texas Analysis System 195

PYMNTS

JULY 9, 2018

The latest jobs report by the U.S. What does that mean for the small business (SMB) community? McMahon told the media outlet about one small business owner in Jacksonville, Florida who attributed rising investments and hiring to recent tax reform. The report said that strong SMB cash flow is likely the result of a healthy U.S.

Jacksonville 100

Jacksonville Taxes Florida Community 100

PYMNTS

FEBRUARY 8, 2019

However, venture capitalists are urging caution on the tech startup community. Reports in the Financial Times earlier this week revealed that investors are advising startups to hold on to cash and gather reserves to remain stable amid any market uncertainties. Brazil’s Adianta has announced $2.18 ANNA Money.

Fintech 188

Fintech Capital New York City Analysis 188

PYMNTS

JULY 12, 2018

“[Zug] has long been home to citizens from around the world, with over 30 percent of its population being foreign nationals,” Oliver Bussmann, who is the founder of Bussmann Advisory AG and president of the Crypto Valley Association (CVA), told PYMNTS in an email interview.

blockchain 104

blockchain Taxes Regional New York 104

CFPB Monitor

AUGUST 30, 2022

The key findings discussed in the blog are: Nonprofit hospitals are prohibited by the ACA from reporting medical debts as collections to credit reporting companies, or from selling the debt to another party, without first trying to determine whether the patient would be eligible for their financial assistance policies.

Policies 78

Policies Regional Report Taxes 78

PYMNTS

OCTOBER 23, 2018

Since the strikes are rotating, mail service will continue even in cities in which strikes are occurring, but the union has advised that service will be slow, reports in CBC said. This isn’t the first time Canada Post has endured a strike that threatened the nation’s small business payment operations.

Payments 154

Payments Community Taxes Operations 154

PYMNTS

MAY 8, 2020

The poll was conducted by a San Francisco-based advocacy group called Small Business Majority, and its CEO John Arensmeyer has been a proponent of community grants that exist outside of the formal banking system that has controlled government aid up to this point. There is no shortage of other larger scale ideas.

Maine 142

Maine Groups San Francisco Lending 142

Abrigo

FEBRUARY 16, 2016

Religious congregations and organizations generating less than $50,000 in annual revenue aren’t required to register, however, so the total number of nonprofits is unknown, according to the report. Failing to hold the nonprofit to proper financial management and reporting standards. Finances related to U.S. of Springfield, Mo.,

Analysis 150

Analysis Lending Community Bank Community 150

PYMNTS

DECEMBER 10, 2018

Wells Fargo, Gallup, CBIZ and Paychex are among the publishers of reports on how small businesses are managing the hiring challenge. According to ADP’s report , 46,000 jobs were added by small businesses in November. Bank of America’s Small Business Owner Report found that 27 percent of small firms plan to hire in 2019.

Marketing 148

Marketing Data Survey America 148

Jeff For Banks

MARCH 21, 2024

Our lives changed forever from this whole experience of the government’s declaration of a national emergency, leading to forced shutdowns of businesses and schools, mandated mask wearing, forcing 6-foot distances between people, travel restrictions, fear mongering with case and death counts, and forced vaccines/boosters. Real GDP was +3.2%

Marketing 146

Marketing Policies Report Atlanta 146

PYMNTS

JANUARY 29, 2020

Last month, reports in The Wall Street Journal , citing Federal Reserve data, found that nearly one-third of U.S. 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.

Lending 136

Lending New York Online New Jersey 136

PYMNTS

NOVEMBER 6, 2018

Taxes, minimum wage, global trade tariffs — there are a lot of regulatory changes weighing heavily on the minds of U.S. With prescription drugs representing 92 percent of sales revenue, according to the National community Pharmacists Association, thinning margins — and frequent losses — from this side of the business can be fatal.

Capital 130

Capital Iowa Management Community 130

PYMNTS

MAY 9, 2016

One constant is the ongoing presidential election, cited by several reports as the top concern among small business owners. The firm published its 2016 Small Business Fraud Report , emphasizing the risks that small businesses face in back-office fraud. It’s a messy picture when leading surveys draw contradicting conclusions.

America 100

America National Capital Survey 100

Independent Banker

JULY 29, 2016

Around the Table—Wisconsin community bankers work with legislative staff members on Capitol Hill during ICBA’s Washington Policy Summit. Keeping community banking interests front and center. Rally more than 3,000 community bankers each year who support ICBPAC, ICBA’s federal political action committee for community banking.

Community Bank 70

Community Bank Community Washington FDIC 70