Remove Lending Remove Management Remove Marketing Remove NJ
article thumbnail

Who were ICBA’s Top Lenders of 2022?

Independent Banker

But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. By Ed Avis.

article thumbnail

CFPB and DOJ announce redlining settlement

CFPB Monitor

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. The proposed consent order requires the bank to pay a $5.5

NJ 60
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The old borrow short, lend long strategy. To you, manage your interest rate risk. Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 800%, only to fall 740% from its peak by October 2002, giving up all its gains during the bubble. The Y2K scare also had companies pouring money into tech firms.

FDIC 78
article thumbnail

The top-performing community banks of 2021

Independent Banker

In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. Underlying BankVista’s success has been a management philosophy focused on open debate about how to improve, Freeman adds. That served us well during the pandemic.”.

article thumbnail

Banker Quotes: As Told To Me v6

Jeff For Banks

Bank SVP: the mortgage lending business is like a shark. And by the way, if Dodd-Frank tried to weed out bad actors in this market and put bankers back in the business, think again. D-F erected barriers to entry that makes it very difficult for your branch manager to talk to you about a mortgage. This banker does.

NJ 97
article thumbnail

FinovateFall 2017 Live Blog – Day 2

William Mills

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. Chatham Township, NJ 07928.

Samsung 69
article thumbnail

Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1

Fintech Labs Insights

HQ: Chatham, NJ. Household bill management solution. Tags: Peer-to-peer, P2P, lending, investing. Digital banking platform for financial institutions. HQ: Provo, Utah. Latest round: $30 million Series A. Total raised: $61.7 Source: Finovate. Loop Commerce. Electronic gift card platform. HQ: Palo Alto, California. HQ: Singapore.