Independent Banker

JULY 31, 2022

Banking veteran Keith Costello cofounded Locality Bank, where he serves as president and CEO, to champion for south Florida small businesses financially affected by the pandemic. After looking at the consolidation in our market, we concluded that the lack of community banks was the reason.”. By Katie Kuehner-Hebert.

Florida 91

Florida Community Bank Community FDIC 91

CFPB Monitor

JUNE 3, 2021

In its complaint filed in a Florida federal district court, the CFPB alleged that since 2017, Driver Loan offered small-dollar, short- term, high-interest rate loans to consumers. Marketing its loans as having an APR of 440% when the actual APRs were over 900%.

Florida 78

Florida FDIC Meeting Marketing 78

CFPB Monitor

NOVEMBER 17, 2020

The Complaint alleges that the defendants engaged in deceptive practices by: Falsely representing that consumers’ deposits were held at FDIC-insured institutions, the deposits would have a guaranteed rate of return, and a new consumer was depositing funds with the company about every minute; and by.

Florida 78

Florida FDIC Meeting Marketing 78

PYMNTS

JANUARY 9, 2018

With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for someone else to fill the credit gap. The FDIC’s Advisory Committee on Community Banking offered a platform through which community bankers could highlight these challenges.

Community Bank 131

Community Bank Community Fintech Lending 131

Jeff For Banks

SEPTEMBER 10, 2011

But he held firm that the regulatory environment, changing customer preferences, and the pace and expense of technology were driving the market towards bigger is better. Since that time, the company has grown to more than 100 locations throughout Arkansas, Texas, Georgia, North Carolina, South Carolina, Alabama and Florida.

Arkansas 66

Arkansas South Carolina FDIC North Carolina 66

Jeff For Banks

DECEMBER 16, 2022

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. My method was to search for the best banks based on total return to shareholders over the past five years.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. The FDIC’s announcement said a private placement offering will raise at least $25 million for the bank ahead of its launch. . Bloomberg listed Casey G.

Community Bank 122

Community Bank Community FDIC Marketing 122