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Credit unions continue to see growth in auto lending

Abrigo

Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. Utilizing the Sageworks Bank Information platform, Sageworks recently examined how steadily auto lending at credit unions – specifically for new vehicles – grew in 2014.

Lending 150
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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. Using FDIC data for 2021, we calculated a lender score out of 100 for each community bank. Ag lending in the South: Relationships matter. It also indirectly benefits our lending business.

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

South State Correspondent

Popular projects for 2023 include online loan and deposit onboarding utilizing third-party data to speed the process, compliance-as-a-service, payments, card controls, service case management, leveraging data for customer insights, and providing open banking APIs to customers. Yeah, that was a mistake. Those loans are now worth $0.85

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Why Migrant Workers Need Financial Service Offerings All Their Own

PYMNTS

According to the Bureau of Labor statistics , as of 2018 (the last full year for which data is available), there were 28.2 Trust is also an issue, particularly for consumers coming from nations where banking services are far less reliable and trusted than in the U.S.,” million foreign-born persons in the U.S. headquarters.

Community 126
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Why Migrant Workers Need Their Own Financial Services

PYMNTS

According to the Bureau of Labor statistics , as of 2018 (the last full year for which data is available), there were 28.2 Trust is also an issue, particularly for consumers coming from nations where banking services are far less reliable and trusted than in the U.S.,” million foreign-born persons in the U.S. headquarters.

Community 116
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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 have benefitted from the Texas economy since our inception, producing strong loan growth and favorable loss experience amidst the challenging environment for banking nationally. Prosperity Bancshares, Inc.

Strategy 101