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Credit unions continue to see growth in auto lending

Abrigo

Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. Utilizing the Sageworks Bank Information platform, Sageworks recently examined how steadily auto lending at credit unions – specifically for new vehicles – grew in 2014.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

In addition to these technology-oriented improvements, there are also a variety of process improvements that many banks can make that are cost-free. Lending Focus – Interest Rate Sensitivity and Credit Accuracy. If you look back over any recession, it is the two years prior when banks make 80% of their lending mistakes.

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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. The Houston metro took the 10th spot with a 20.3% The state is growing an impressive technology roster, for example. It includes Hewlett Packard Enterprise, which is moving its headquarters to the Houston area.

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Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)

Fintech Labs Insights

130 $5 55t Bella 7 2020 Las Vegas 9,000 $0 55t Marygold & Co 7 2021 Denver 5,900 $0 57t Capway 5 2017 Atanta 16,000 $0 57t Purple 5 2020 Ft Myers, FL 0 $0 59t Letter 4 2019 SF 2,000 $0 59t North Loop 4 2019 SF 0 $0 59t Pinch 4 2019 LA 0 $0 59t Save 4 2018 Houston 31,000 2.6 8,860 $2,300 6 Upgrade 1426 2016 SF 3,013,000 4.5

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Fintech Fundings: 12 Companies Raise $205 million Week Ending June 18

Fintech Labs Insights

Finovate alum, Azimo landed the biggest round outside the lending sector, $20 million at a $100 million valuation. P2P mortgage lending. HQ: Houston, Texas. Compliance & risk-management technology. Tags: P2P, mortgage, peer-to-peer, investing, crowdfunding, lending, underwriting, credit. Year-to-date, $7.7

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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. 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.

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FinovateSpring 2016 Live Blog – Day 1

William Mills

This is car-title lending updated by fintech. ^SR Like a HELOC on your car but using a technology platform. Houston Frost (SVP, Prepaid Products). Matt Decker (VP, Technology). He has more than 30 years of experience in financial technology and is a recognized leader in financial and technology marketing.