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Axos Bank Expands Commercial Presence In NYC, LA

PYMNTS

Axos Bank parent company Axos Financial has rolled out out commercial banking operations across new markets in the U.S., “The nation’s two largest metropolitan areas are home to a majority of our commercial lending and banking clients,” said Greg Garrabrants, president and CEO of Axos, in a statement.

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Report: Data Key To Credit Union Member Retention

PYMNTS

The American Bankers Association (ABA) implored the National Credit Union Association (NCUA) to withdraw a proposal that would allow federal CUs to have 50 percent of their deposits come from other CUs and government entities, boosting the current 20 percent cap. percent in the U.K. CUs are facing more scrutiny in the U.S., billion in assets.

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CFPB announces new appointments to advisory groups

CFPB Monitor

Agnani, Director of Policy and Civic Engagement, National Coalition for Asian Pacific American Community Development, Washington, D.C. Hinojosa-Ojeda, Associate Professor, University of California Los Angeles Division of Social Sciences, Los Angeles, Calif. New Consumer Advisory Board members are: Seema M.

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Can A Poverty-Fighting Tool In Bhopal Work For Customers In Brooklyn?

PYMNTS

Microlending programs and products have mostly been associated with consumers in developing nations – particularly in sub-Saharan Africa – over the last decade. But what has gotten less attention – largely because the practice is less common – is how microlending operations play out in developed nations like the U.S.

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CFPB announces new appointments to advisory groups

CFPB Monitor

According to the CFPB, the new members “include experts in consumer protection, financial services, community development, fair lending, civil rights, consumer financial products or services, representatives of community banks and credit unions, and scholars with relevant methodological and subject matter experience.”

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Banking's Total Return Top 5: 2014 Edition

Jeff For Banks

Open Bank (OTCQB: OPBK) Open Bank commenced operations in 2005 as First Standard Bank in the Koreatown section of Los Angeles. It supports the claim by highlighting its efficiency ratio is in the top 2% of UBPR peers, and its operating expenses as a percent of average assets are in the top 12% of peer banks. Well done! #3.

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The Top 20 Venture Capitalists

CB Insights

15 of the top 20 operate in the Greater Bay Area. Operating Location: San Francisco, CA. Operating Location: San Francisco, CA. Operating Location: Philadelphia, PA. Operating Location: Menlo Park, CA. Operating Location: San Francisco, CA. 11 of the top 20 worked in big tech prior to entering VC.