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Huntington unveils new expansion push into Texas

American Banker

The Columbus, Ohio, regional bank will focus first on Dallas before venturing statewide. Its move into the Lone Star State comes three months after announcing a similar initiative in the Carolinas.

Texas 36
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How Auto Sales Are Driving New Retail Trends

PYMNTS

The company has teamed up with Regions Bank to provide the possibility of virtual loans to consumers in Texas, the South and the Midwest. When someone goes to the auto center section of the Regions Bank website , they’ll be routed to a new, co-branded site from the two companies.

Trends 134
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15 Minutes With … Jimmy Rasmussen

Independent Banker

IB: You were recently reelected to serve a second term on the Federal Reserve Bank of Dallas board of directors. I do my best to be their voice at our Dallas meetings. IB: What kinds of insights do you provide as a director to the Dallas Fed? IB: What kinds of insights do you provide as a director to the Dallas Fed?

Dallas 131
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Santander Consumer Profit Falls on Personal Lending Woes

American Banker

Santander Consumer Holdings USA in Dallas on Wednesday reported lower quarterly profits due to ongoing issues associated with its discontinued personal loan business.

Dallas 54
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Lending Focus – Interest Rate Sensitivity and Credit Accuracy. If you look back over any recession, it is the two years prior when banks make 80% of their lending mistakes. Many banks, for example, are still hyper-competitive in multifamily lending. That market share has come mainly from regional and community banks.

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Comerica prioritizes forgiveness of larger PPP loans

American Banker

The Dallas bank has begun encouraging larger borrowers to seek forgiveness of Paycheck Protection Program loans first as it holds out for the government to streamline the process for loans below $150,000.

Dallas 74
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Texas Capital Hires TD Bank Exec to Lead Franchise Lending

American Banker

Texas Capital Bancshares in Dallas has hired a TD Bank executive to expand its lending to franchise-related businesses.

Texas 28