Jeff For Banks

NOVEMBER 9, 2018

March 2017 - Failed the OCC's community lending test causing "significant harm to customers." As part of my comments, I presented the following table of New Jersey Deposit Market Share. I also included the USA deposit market share. Notice the bigger banks all held serve and maintained leading market share.

New Jersey 60

New Jersey Compliance Community Meeting 60

Independent Banker

AUGUST 31, 2021

A profitability strategy has a lot to factor in given today’s uncertain market. A bank needs a team with diverse perspectives and unique abilities—technology, sales, lending and leadership—that is willing to work together at a heightened pace, he notes. Build a lending niche. a rural market with about 1,300 residents. “We

Community Bank 170

Community Bank Community Lending Leadership 170

PopularBank

JANUARY 27, 2020

Popular Bank will leverage the funds to provide access to comprehensive financial services to underserved New Yorkers and local businesses throughout the district, promoting community stability, revitalization and long-term economic development.

New York 91

New York Community New Jersey Houston 91

CFPB Monitor

SEPTEMBER 25, 2015

The joint complaint filed by the CFPB and DOJ in federal district court in New Jersey states that the action resulted from a joint investigation by the agencies of the bank’s lending practices following the CFPB’s referral of the bank to the DOJ pursuant to the ECOA. million civil money penalty to the CFPB. .”

NJ 60

NJ New Jersey New York Philadelphia 60

Jeff For Banks

JUNE 2, 2023

//Jeff Marsico remarks to the 2023 New Jersey Bankers' Association Annual Convention: May 19, 2023// Four decades ago, the prolonged savings-and-loan crisis devastated the industry. The old borrow short, lend long strategy. To you, manage your interest rate risk. trillion failed. What caused it?

FDIC 78

FDIC Community Bank Regulation Lending 78

Independent Banker

FEBRUARY 24, 2016

As in past years, community bankers will continue to contend with a dynamic, highly competitive lending environment in 2016. Several trends have arisen that are likely to continue shaping the commercial lending market. Here are five commercial lending trends from some of the industry’s top commercial lenders.

Trends 79

Trends Community Bank Lending Community 79

Jeff For Banks

DECEMBER 15, 2013

Many if not most financial institutions are looking hard at smaller branches in smaller markets to consolidate and create a bigger branch that can deliver better results. Be charitable - I am an advocate of giving branch/market managers a charitable budget for small ticket giving such as to the local little league, scout troop, etc.

How To 89

How To Community New Jersey social media 89

Jeff For Banks

JANUARY 27, 2011

Most recently Valley National Bancorp''s highly respected CEO, Gerald Lipkin stated: "The positive [fourth quarter] results are attributable to management''s common sense and highly focused approach to traditional banking — gathering deposits and making relatively low-risk loans." ?I They mostly meant sub-prime residential mortgage lending.

Community Bank 71

Community Bank Community Apple National 71

Fintech Labs Insights

MAY 15, 2015

Two FinovateSpring 2015 presenters landed big rounds: Credit Sesame raised $16 million to expand its debt management and credit tracking platform. Vouch landed $6 million to help put the “first P” back in P2P lending. Consumer credit management. Online lending ( Paidy ). HQ: New York City.

San Francisco 12

San Francisco Company Fintech California 12

Fintech Labs Insights

JUNE 8, 2016

The robo-advisor wave rolls on as Finovate Best of Show winner DriveWealth announces that it is launching a new solution designed for Chinese investors called ToumiRA. DriveWealth is partnering with Chinese marketplace lender and wealth manager, CreditEase to deploy the rovo-advisor technology, and will serve as the US broker.

New Jersey 12

New Jersey Lending Strategy Company 12

Gonzobanker

DECEMBER 20, 2019

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. billion of assets under management. This was a terrific combination of two education-focused cooperatives across both Southern and Northern California markets. ConnectOne Bancorp, Inc.

Idaho 148

Idaho Conference Data Marketing 148

PYMNTS

AUGUST 7, 2020

Reports in FINSMES noted the firm is focused on automating accounting tasks and B2B payment workflows for middle-market organizations, while also connecting those users to real-time analytics. The firm said it will funnel the new investment into product development, partnerships, and national growth. also participated.

Fintech 251

Fintech Capital New Jersey Lending 251

Jeff For Banks

DECEMBER 29, 2021

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. MCBS, with a market cap of $705 million, and LTM revenues (net interest income plus fee income) of $125.5

Capital 78

Capital Texas Metro North Carolina 78

Gonzobanker

DECEMBER 19, 2022

TD has been a player that maintained its acquired market share so we are hoping this one doesn’t get messed up like other Canadian banks that have struggled in the Southwest. SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Goes to New England Federal Credit Union and Vermont State Credit Union.

Community 216

Community Fintech Industry Innovation 216

William Mills

SEPTEMBER 12, 2017

An industry leader in lending and benchmarking solutions for financial institutions. They’re showing a web platform related to their capitol markets solution. Transforming consumer risk management with patented analytics, proprietary data and real-time insight into consumer behavior. New York, NY 10007. 3 Shalem St.

Samsung 69

Samsung Mobile User Experience Google 69

Fintech Labs Insights

MAY 26, 2016

Commercial real estate leasing & asset management platform. HQ: New York City. HQ: New York City. Banking & wealth management platform. Porftfolio management for institutional investors. HQ: Tenafly, New Jersey. Tags: Banks, advisors, banking, wealth management, investing. YieldStreet.

St. Louis 20

St. Louis Company Fintech New York City 20

PYMNTS

DECEMBER 7, 2018

Though not venture capital, the private equity raised for New Jersey-chartered community bank Cross River Bank is noteworthy not only for its impressive price tag of $100 million, but for its reflection of investors’ support for financial institutions that collaborate with the tech startup scene. Cross River Bank. Wise Systems.

Analytics 176

Analytics Data Capital Software 176

Gonzobanker

DECEMBER 20, 2018

PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. Goes to the always-sharp Mitch Feiger and the team at MB Financial for the bank’s sale to Fifth Third at a 24% premium to market price in May.

Fintech 105

Fintech Conference Innovation Community 105