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Could COVID-19 Cause A Banking And Commercial Real Estate Crisis?

PYMNTS

FDIC) currently considers 356 banks to be “concentrated” in commercial real estate based on the ratio of CRE loans they hold. Bank regulators and overseers have been tracking the problem since the outbreak’s onset. The Post reported that the Federal Deposit Insurance Corp.

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Republic First got a hand up from investors. Is it out of the woods?

American Banker

A $35 million capital bump from a once-hostile investor group may have helped the Philadelphia bank avoid collapse. Still, it reported $30 million of quarterly operating losses and heavy securities risk in a recently filed call report.

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Ballard Spahr attorneys to moderate and speak at PBI Consumer Financial Services and Banking Law Update on Oct. 29

CFPB Monitor

PBI’s Consumer Financial Services and Banking Law Update will take place on October 29, 2019, in Philadelphia (and by simulcast in Allentown, Bellefonte, Butler, Chambersburg, Easton, Mechanicsburgh, Pittsburgh, West Chester, and York, Pennsylvania). The CFPB, FTC, FCC, DOJ, FRB, FDIC and OCC. Data Security and Privacy developments.

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Community banks most likely to approve small business loans

Abrigo

The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia. Its goal was to capture the perspectives of small businesses with less than 500 employees across ten states.

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ATMIA Weighs In On Cashless Retail Ban Debate

PYMNTS

A similar ban has already passed in New Jersey and similar legislation has been backed by legislators in Philadelphia and signed into law this past week. As had been reported late last month, in New York City, the city council held a hearing centered on a bill that would ban stores and restaurants from being able to refuse to accept cash.

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Community Financial Institutions: Parking Lot for the Benjamins

Jeff For Banks

From December 31, 2009 through June 30, 2011, deposits for all FDIC insured depositories increased 5.84%. FDIC insurance costs, on average, are 12 basis points on deposit balances. There simply isn''t any place for them to lay it off. Community FIs are experiencing similar activity from their Main Street customers.

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The 35 Biggest Banking, Mortgage & BankTech Events in 2023

Fintech Labs Insights

Fintech Summit Orlando, FL 16-May-23 18-May-23 FinovateSpring San Francisco 23-May-23 25-May-23 Seamless Middle East Dubai 23-May-23 24-May-23 Big Bank Theory by Tearsheet NYC 31-May-23 31-May-23 Money 20/20 Europe Amsterdam 6-Jun-23 8-Jun-23 Digital Banking by American Banker Boca Raton, FL 12-Jun-23 14-Jun-23 Finovate Edge Asia Virtual 14-Jun-23 (..)