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TAB Bank Expands With $46M Acquisition Deal For BAMFi’s Capital Division 

PYMNTS

As part of the acquisition, BAM’s office in Dallas, Texas will be retained by TAB Bank , including both operations and staff. BAMFi , a software provider for the secured lending space, will still own its proprietary solution FactorCloud. It will now focus solely on its cloud-based secured lending software solution.

Capital 130
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The community banks standing by hospitality customers

Independent Banker

State Bank of Texas, led by president Sushil Patel (center), has a niche working with hospitality customers like Reena and Arun Patel, who own and operate a La Quinta hotel in Dallas. The bank also helped hotel operators obtain Paycheck Protection Program (PPP) loans. We are going to look at who we’re lending to first.”.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. To improve the quality of their earnings, banks need their number one focus to be on making their operations more efficient. To the extent projects improve operating leverage and the total experience, so much the better.

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Neiman Marcus Emerges From Chapter 11

PYMNTS

has completed its Chapter 11 bankruptcy protection process and emerged from one of the highest-profile retail collapses since COVID-19 began, the Dallas-based company disclosed. The financing is in addition to the liquidity provided by the $900 million asset-based lending led by Bank of America and a group of commercial banks.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.

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Rep. Darrell Issa May Head Up CFPB

PYMNTS

During his time at the CFPB, Mulvaney has ended all functions of its student lending office (except for consumer education), ousted the 25 members of the agency’s Consumer Advisory Board and considered moving dozens of agency employees to the basement of its Washington headquarters, while relocating the others to Dallas, in an move to cut costs.

Dallas 100
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Bankers: Is your strategy the same as your competitor?

Jeff For Banks

Lending services include commercial loans to small to medium-sized businesses and professional concerns as well as consumers. We serve our local geographic market which is the Dallas - Fort Worth metropolitan area. We focus our marketing efforts in three areas. Texas Capital Bancshares, Inc.

Strategy 100