Abrigo
FEBRUARY 23, 2023
The local decision-making and strong relationships with customers that are hallmarks of small community banks provide leaders with fresh chances to positively affect their towns, cities, and regions while growing a healthy institution. Balance runoff is picking up speed, according to financial consulting firm Curinos.
Abrigo
MAY 11, 2015
“Loan volumes for almost all farming purposes rose at commercial banks, as many producers contended with tighter profit margins” during the first quarter, said a recent report from the Federal Reserve Bank of Kansas City. Persistently low crop prices and elevated input costs continued to increase farmers’ short-term financing needs.”
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American Banker
MAY 18, 2016
The bureau said Wednesday that it plans to hold a public hearing in Kansas City, Mo., to discuss small dollar lending. The hearing will be held at the Kansas City Convention Center and will feature remarks from CFPB Director Richard Cordray, as well as testimony from consumer groups, industry representatives, and the public.
PYMNTS
MARCH 26, 2020
Each week, PYMNTS will round up some of the latest initiatives from governments, banks and FinTechs around the world to lend support for small businesses struggling as a result of the coronavirus. to help bailing out their SMB customers, with some regional financial institutions (FIs) already taking action.
Abrigo
JUNE 12, 2015
although more than half came from the Plains region. Earlier this year, the Federal Reserve Bank of Kansas City reported that non-real estate bank loans made to farmers in the first quarter grew by nearly 8 percent. The increased ag lending was driven by higher borrowing for current operating expenses and livestock purchases.
American Banker
APRIL 13, 2016
First-quarter profit improved at Commerce Bancshares in Kansas City, Mo., as commercial-and-industrial loans increased.
American Banker
JULY 11, 2016
Expect banks to pull back on energy lending in the near term, as regulators step up their scrutiny of oil loans and bankers approach the business with a "different attitude," says Mariner Kemper, chairman and chief executive at UMB Financial in Kansas City, Mo.
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