Remove FDIC Remove Lending Remove Marketing Remove Ohio
article thumbnail

California Dept. of Business Oversight launches “true lender” investigation of auto title lender’s partnership with Utah bank

CFPB Monitor

Thereafter, “using its existing lending operations and personnel, LoanMart commenced ‘marketing’ and ‘servicing’ auto title loans purportedly made by CCBank, a small Utah-chartered bank operating out of Provo, Utah.” Thus, both the OCC and FDIC have adopted regulations rejecting the Second Circuit’s Madden decision.

Utah 78
article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Thinker

Independent Banker

Thoughtful lending and an open mind keep profits strong for incoming ICBA chairman Jack Hartings. Coldwater, Ohio. in Coldwater, Ohio, and ICBA’s incoming chairman, held fast to his community bank’s conservative lending practices. Jack Hartings Photo by Michael Nemeth. By Kelly Pike. The Peoples Bank Co. Employees: 80.

Ohio 70
article thumbnail

The top-performing community banks of 2021

Independent Banker

First Bank of Ohio. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. A: We strategically positioned ourselves to take advantage of the market. We were gaining more market share by calling on all the Realtors.

article thumbnail

Regulation and Compliance: Ready for Review

Independent Banker

As David Barr, spokesperson for the FDIC, points out, “a vast majority of community banks remain well-rated and exhibit satisfactory corporate governance programs and compliance management systems.”. in Kent, Ohio. Anna DeSimone, president of Bankers Advisory, a lending compliance consulting firm in Belmont, Mass.,