PYMNTS

FEBRUARY 11, 2019

As noted by Forbes , the study found that a minority — make that 26 percent — of regulatory agencies surveyed by the FSB actually have definitions of FinTech lending in place. Those definitions stretch across peer-to-peer (P2P) lending or marketplace lending, for example.

Fintech 195

Fintech Lending Regulation Survey 195

Independent Banker

AUGUST 31, 2021

Reiling adds that bank leadership needs to be bold enough to try things out and possibly fail, which is why Sunrise Banks implemented the 90-day check-in. A bank needs a team with diverse perspectives and unique abilities—technology, sales, lending and leadership—that is willing to work together at a heightened pace, he notes. “You

Community Bank 170

Community Bank Community Lending Leadership 170

Abrigo

SEPTEMBER 16, 2016

It is crucial for leadership at a bank to understand how the bank compares on key metrics to those institutions considered peers. You may be surprised, for example, to find that your institution has the highest ratio of Nonaccrual Loans to Total Assets in your peer group. Select other banks with similar business focuses.

Analysis 150

Analysis Leadership Groups Case Study 150

South State Correspondent

MARCH 13, 2023

The abrupt collapse of Silicon Valley Bank (SVB) is a stunning example of bank leadership not understanding interest rate risk, running into trouble with an inverted yield curve, and ignoring the impact of a severe monetary correction on long-duration assets.

Risk Management 221

Risk Management Management Community Bank Community 221

CFPB Monitor

JUNE 19, 2020

According to the majority, if, for example, an employee is fired because he is a man who is either attracted to other men or identifies as female, the employer has discriminated against him for traits or actions it would tolerate in an employee who is a woman ( i.e., attraction to men or female identification).

Leadership 127

Leadership Georgia National Lending 127

PYMNTS

MAY 21, 2020

In perhaps the most visible example, the Paycheck Protection Program (PPP) has aimed to provide more than $600 billion in forgiveness loans to small and medium-sized businesses (SMBs) – but some verticals have been excluded.

System 251

System US Taxes Leadership 251

Gonzobanker

JANUARY 11, 2024

In November, my partner Steve Williams wrote about the pillars of Smarter Bank leadership. Most of us could quickly figure out who is responsible for major components of profitability—lending and deposit growth, credit quality, wealth advisory growth, fee income and fraud mitigation, to name a few—by looking at the names on an org chart.

Leadership 78

Leadership Management Examples Groups 78

Independent Banker

JANUARY 31, 2022

The state is growing an impressive technology roster, for example. ANB does “traditional lending in every aspect,” Edlund says, but commercial loans make up the majority of its loan portfolio. Edlund adds that ANB also does working capital lending, energy lending and real estate and development lending.

Texas 182

Texas San Antonio Community Bank Community 182

PYMNTS

APRIL 12, 2017

The latest example of this comes from Regions Bank at its corporate headquarters in Birmingham, Ala. While at Kabbage, Duggirala was responsible for moving the ball forward on the company’s lending platform scalability. The bank’s corporate office has chosen Amala Duggirala as its new CIO.

Regional 100

Regional Fintech Leadership Resources 100

CFPB Monitor

FEBRUARY 1, 2021

He also announced an immediate change in supervision, stating that it is now “the official policy of the CFPB to supervise lenders with regard to the Military Lending Act.” Under the leadership of former Acting Director Mulvaney, the CFPB ended routine examinations for MLA compliance.

Policies 78

Policies Leadership Lending Compliance 78

Gonzobanker

APRIL 8, 2020

A few examples of systems and providers: Competitive content analysis – Systems from SEMrush, Moz, SE Ranking, SpyFu and others allow institutions to compare their content, keywords and analytics to competitors. Knowing these relationships is important in taking leadership control of the content.

Leadership 170

Leadership Analytics System Digital Banking 170

Independent Banker

NOVEMBER 30, 2021

Key Community Bank: Leading by example. Within that tightly knit group, there’s the bank’s leadership team, comprising president and CEO Greg Dennis, chief lending officer Jon Girard, vice president of operations and compliance Kristine Hendrickson, and executive vice president and chief financial officer Michele Boeder.

Community Bank 164

Community Bank Community Texas Leadership 164

Abrigo

OCTOBER 11, 2016

While increasing the volume of qualified loan applications is an important component of any growth strategy, leadership at these institutions may not consider that there are ample opportunities already available in their loan application pool. This practice is designed to mitigate risk, but it can also limit lending opportunities.

Analysis 150

Analysis Lending Taxes Software 150

PYMNTS

APRIL 1, 2019

Now the question is what will happen to the bank that has new leadership in place but still faces its spate of scandals and a cap on its asset size, courtesy of the Federal Reserve. You might also be forgiven for thinking that payday lending rules — or a stay of them — would be the subject most illuminated in the spotlight.

Regulation 183

Regulation cryptocurrency Leadership Report 183

Abrigo

OCTOBER 4, 2016

As the leadership teams at many banks and credit unions perfect plans to grow their loan portfolios, management can depend on several key metrics to measure the effectiveness of their plans and execution. Take for example, Bank ABC.

Resources 236

Resources Marketing Strategies Strategy Community 236

CFPB Monitor

OCTOBER 18, 2018

On October 17, the Bureau released its Fall 2018 Rulemaking Agenda , but it included a surprise for those interested in fair lending. prevent the Bureau from applying any different standard for disparate impact retroactively upon a change in leadership at the agency.

Leadership 74

Leadership Lending Regulation Community 74

Independent Banker

JUNE 30, 2022

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.

Community Bank 172

Community Bank Community National Philadelphia 172

Gonzobanker

DECEMBER 19, 2022

A few modest examples of the 2022 roller coaster ride: The Fed rate hikes in 2022 totaled 425 basis points. SoFI gets a commercial bank that brings deposits, compliance, AND business lending. It’s hard to understand how Clobes has time in the day to drive her unlimited amount of leadership activities. Pull ’em down.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

MARCH 18, 2019

Accordingly, we believe any federal proposal relating to the collection, use and protection of consumer data must preserve the role for state leadership in the areas of data privacy, security and control.”. He pointed to the recent enactment of the California Consumer Privacy Act of 2018 as an example. Here’s a mortgage analogy.

California 122

California Data Security Regulation 122

Independent Banker

NOVEMBER 30, 2022

An entrepreneur with a background in accounting and finance, CEO and chairman of the board Thomas Swenson set up Montana Business Capital Corporation in 1998 with a focus on job creation and economic development lending. Our leadership consistently articulates and demonstrates a commitment to being a great place to work.”.

Community Bank 169

Community Bank Community Montana Leadership 169

CFPB Monitor

DECEMBER 16, 2020

The CFPB, under new leadership, should be directed “to aggressively protect consumers by enforcing the law.”. The new CFPB Director should restore the role and responsibilities of the Office of Fair Lending and Equal Opportunity. The DOJ, CFPB, and federal banking regulators should prioritize fair lending enforcement.

Policies 78

Policies Regulation Lending FDIC 78

CFPB Monitor

MARCH 7, 2019

Section 2 of the bill, entitled “Findings; Sense of Congress,” is essentially an attack on President Trump’s appointment of Mr. Mulvaney as Acting Director and Mr. Mulvaney’s “misguided actions,” examples of which are listed in the bill. Place limitations on political appointees who serve as CFPB employees.

Leadership 101

Leadership Washington Policies Lending 101

Abrigo

MARCH 21, 2023

The blue line shows the effective funds rate, or the average rate at which institutions are actually lending and borrowing funds from one another. A key take-home point here: Are you being compensated for the risk that is presented when lending out money to borrowers? Specifically, Q1 2022 volume averaged $72.27 billion – a 39.7%

Risk Management 195

Risk Management Management Strategy Lending 195

PYMNTS

MAY 16, 2018

The SoFi at Work program , in which the non-bank lending platform partners with businesses to help employees pay off student loans (among other kinds of debt), increased its loan volume by 112 percent from this time in 2017. billion, particularly as the firm is likely considering an IPO.

Lending 100

Lending Course Comparison Leadership 100

Gonzobanker

AUGUST 17, 2016

Now, the top challenge organizations face in turning data into an asset is leadership. So, from my experience, here’s the four-point plan for business intelligence leadership. BI = Leadership Tool. A few examples from the trenches: Identify customer pain points across physical and virtual channels. Not the case.

Leadership 60

Leadership Tools Big Data Risk Management 60

PYMNTS

MAY 16, 2018

We have changed the leadership team to set the example amongst their teams and to help us devise the programs and practices that will reinforce these values in our everyday life at the company,” Noto wrote in the shareholder letter, according to CNBC.

Leadership 100

Leadership Management Examples US 100

PYMNTS

APRIL 11, 2018

In an interview with PYMNTS via written exchange, Thomas Kimner , head of Global Marketing and Operations, Risk Management, at SAS Institute , said the legislation will provide improved credit access to consumers, noting the reduced requirements for mortgage origination and lending. Elizabeth Warren (D-Mass.) and other Democrats.

Regulation 108

Regulation Capital Leadership Maine 108

Independent Banker

DECEMBER 31, 2021

That’s followed by residential mortgage lending (36.3%), small business lending (32.1%), commercial and industrial (C&I) lending (30%) and agricultural lending (23.6%). For example, just 2.1% We’re here to service our customers.”. Steve Dehnert, Badger Bank. Using deposits in 2022. We’re flush with deposits.

Community Bank 144

Community Bank Community Lending Louisiana 144

PYMNTS

APRIL 9, 2018

The transition, which has reportedly been code-named Kalamata, remains in its infancy – though the broad stroke is said to have been approved by Apple’s executive leadership. For example, drivers who get gas at an ExxonMobil station can look forward to 3 percent cash back if they use their PIN at the pump. Drivers also get 1.5

Apple 140

Apple Cards Lending Report 140

Independent Banker

APRIL 30, 2019

One of the many examples that struck me—and proves this point—was that of Stearns Bank in St. came up with an innovative lending solution to help its customers rebuild their homes after wildfires devastated their community. Be bold in innovation, leadership and life! . the team from TCM Bank in Tampa, Fla. Cloud, Minn.

Community Bank 70

Community Bank Tampa Community Washington 70

Independent Banker

NOVEMBER 24, 2014

offers a “humanly simple” leadership style of looking out for others. When Gowen first arrived at Merchants & Planters in 1983 to serve as its president and senior lending officer, the bank had two branches and $47 million in assets. I believe in leading by example,” he says. “I Jim Gowen, Merchants & Planters Bank.

St. Louis 105

St. Louis Community Bank Community Leadership 105

CFPB Monitor

MARCH 16, 2021

Under the leadership of Acting CFPB Director Dave Uejio, the Bureau issued an interpretive rule on March 9, 2021 clarifying that the prohibition against sex discrimination under the Equal Credit Opportunity Act (“ECOA”) and Regulation B includes sexual orientation and gender identity discrimination.

Regulation 78

Regulation District of Columbia Georgia Policies 78

CFPB Monitor

DECEMBER 15, 2020

It represents the CFPB’s fourth rulemaking agenda under Director Kraninger’s leadership. Other items listed in the agenda on which the CFPB expects to take action before the end of this year and next year include: Business Lending Data (Regulation B). The Bureau released the panel report today. Mortgage Servicing Rules.

Policies 78

Policies Regulation Data Lending 78

PYMNTS

APRIL 10, 2018

For example, Adjaoute remembers moving to the U.S. Adjaoute said that’s not just frustrating because she’s his daughter; someone who has been in school will probably soon find a job, and someone with a master’s degree is even likelier to find herself in a leadership or management role. It’s easy to lend money,” Adjaoute concluded.

social media 136

social media Course Data Leadership 136

Independent Banker

JULY 29, 2016

For example, the Auditing Institute, which leads to a Certified Community Bank Internal Auditor designation for those who successfully complete the coursework, covers topics such as the steps to establish an internal audit function, the phases of a complete audit cycle, and the use of risk assessment to develop an annual audit plan.

Minneapolis 70

Minneapolis Community Bank Community San Antonio 70

FICO

APRIL 3, 2020

They’re scrambling to stay afloat – but with no end in sight, what will this mean for the economy and the credit and lending industry? Congress is currently considering a proposal that would increase a Treasury Department fund, giving the Federal Reserve access to $350+ billion that could be used for emergency lending programs.

Community Bank 52

Community Bank Community Lending social media 52

CFPB Monitor

MARCH 17, 2022

Consistent with expectations that the CFPB under Director Chopra’s leadership would take an expansive view of its statutory authorities, the CFPB has announced its intention to use its authority to prohibit unfair, deceptive, or abusive acts or practices (UDAAPs) to target discriminatory conduct, even where fair lending laws may not apply.

Policies 78

Policies Analysis Marketing Leadership 78