Remove Lending Remove Management Remove Metro Remove National
article thumbnail

DOJ announces settlement of redlining lawsuit

CFPB Monitor

The key allegations in the DOJ’s complaint are the following: During the relevant time period (2015-2021), the Newark, New Jersey-Pennsylvania Metro Division (Newark MD) as delineated in 2015 included Essex, Somerset, Union, Sussex, and Morris counties in New Jersey (Newark Lending Area). unlikely to be caused by chance) and sizeable.

article thumbnail

CFPB June 2016 complaint report highlights consumer loan complaints, complaints from Arkansas consumers

CFPB Monitor

The CFPB has issued its June 2016 complaint report which highlights complaints about consumer loans and complaints from consumers in Arkansas and the Little Rock metro area. In addition, in March 2016, the CFPB began taking complaints about marketplace lending and added loans obtained from marketplace lenders to the consumer loan category.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Your Ultimate Guide To COVID-19 Personal Loans

BankBazaar

Some of the banks offering this product are Bank of India, Bank of Maharashtra, Union Bank of India, Punjab National Bank and Bank of Baroda. Additional Reading: Money Management During The Coronavirus Crisis. Rate of Interest: Repo Benchmark Lending Rate (RBLR) floating with monthly rests. Punjab National Bank COVID-19 Loan.

Lending 78
article thumbnail

Community banks are thriving in Texas

Independent Banker

The 2020 Census quantified the growth many residents were already sensing: Austin grew by 33% between 2010 and 2020, earning it the rank of fastest-growing large metro. The Houston metro took the 10th spot with a 20.3% increase, while the San Antonio metro, up 19.4%, ranked 12th.

Texas 182
article thumbnail

Are Banks Different?

Jeff For Banks

Disciplined execution on our strategic priorities resulted in exceptional growth in organic loans and core deposits, which combined with effective expense management, collectively yielded net income of $xx million. In addition to our financial success, we announced two bank acquisitions during the year: [Bank acquisitions].

US 67
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

The top-performing community banks of 2021

Independent Banker

Brazos National Bank. Douglas National Bank. 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. FSNB, National Association. Pioneer Trust Bank, National Association. AMG National Trust Bank.