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Spotlight on lending: Commercial loan growth geographically

Abrigo

Now that banks have filed their third quarter financial reports , what did the lending picture look like last quarter? Nationally, the picture is a fine one. However, Q3 commercial lending is down from the beginning of 2014 (quarter ending 3/31/2014) by about $67 billion. banks is up $157 billion from the same period in 2013.

Lending 186
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Small Business Resiliency in South Florida

PopularBank

With South Florida Region Executive Israel Velasco. Nonessential businesses were forced to close their doors and unemployment in South Florida has outpaced much of the United States. As restrictions ease throughout South Florida, businesses are reopening their doors with enthusiasm, while others prepare to follow suit.

Florida 52
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Popular Association Banking’s Molly Hime to Retire. Carlos Hernandez Named New Division Manager.                                       

PopularBank

Molly has been with Popular Bank since 2005 and was instrumental in growing PAB into a $2 Billion loan portfolio business and the national platform it is today. Carlos has been with Popular since 2005 and most recently was head of Retail Banking for the South Florida Region. Billion in deposits. Billion in deposits.

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These Are Your Most Profitable Cash Management Clients

South State Correspondent

For example, if you are a bank in California, Florida, New York, or Pennsylvania, going after private schools, colleges, or insurance companies should be considered due to not only the large number of target institutions but also the size of those institutions, which lends itself to having multiple banks.

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Community Banks Aim To Amplify Competitive Edge With FinTechs

PYMNTS

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. Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index.

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The 2022 GonzoBanker Awards

Gonzobanker

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Benson Porter, Boeing Employees CreditUnion – Porter led BECU through an amazing streak of growth in the Pacific Northwest, all while building an innovative, stakeholder-driven brand respected nationally. The Appropriate CFPB Target Award.

Community 216
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The Tale of the Digital Banks

Gonzobanker

Capital One figures are for Capital One USA direct bank and not the regional bank components. EverBank figures include acquisition of Bank of Florida deposits of $1.5 Niche players Everbank and CIT use Internet deposits as cheap funding for commercial finance and lending activities. billion in 2010.