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Kristen Larson joins Ballard Spahr’s Consumer Financial Services Group

CFPB Monitor

She is resident in the firm’s Minneapolis office. Kristen’s practice involves consumer, small business, and treasury management products and services; digital banking; emerging payments; servicing; innovative technology; information security; operations; marketing; and complex service contracts.

Groups 78
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US Bank automates construction loan process

BankInovation

Bank, went live today with an automated solution that allows it to better manage homebuilder construction loans. The Minneapolis, Minn.-based based bank worked with Built Technologies, a construction finance software company, […].

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Some SMBs Switched Banks When PPP Loans Failed To Come Through

PYMNTS

In a July survey of 931 firms that received PPP loans, Barlow Research Associates, the Minneapolis-based bank market research company, revealed that of the businesses that secured PPP funding, 28 percent received their loan from a lender with whom they had no prior relationship or a bank that wasn’t their primary one. to InBankshares Corp.

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Education: By Popular Demand

Independent Banker

It teaches bankers how to develop a compliance program, meet lending compliance requirements, and comply with deposit and marketing regulations. 8–12 in Minneapolis. 14–17 in Minneapolis. 11–13 in Minneapolis. 12–16 (week one) in Minneapolis. 19–23 (week two) in Minneapolis. Consumer Lending Institute.

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2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Acronym of the Year. Has to be M-O-E.

Fintech 147
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Ballard Spahr Submits Comment Letter to OCC in Support of Proposed True Lender Rule

CFPB Monitor

Our letter draws on Ballard Spahr’s two-plus decades of experience in representing banks and savings associations (“Banks”) in establishing lending programs (“Bank-Agent Programs”) where a Bank obtains substantial assistance from a fintech or other non-Bank company (an “Agent”) to offer Bank loans to consumers or small businesses.

FDIC 78
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Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)

Fintech Labs Insights

161 $323 21 Branch 357 2015 Minneapolis 222,000 $633 22 Albert 315 2015 LA 1,270,000 $176 23 Current 307 2015 NYC 856,000 $402 24 Greenlight 302 2014 Atlanta 458,000 3.8 197,000 $1,700 2 Robinhood 6080 2013 SF 17,190,000 $6,200 3 SoFi 4017 2011 SF 13,080,000 4.6 8,860 $2,300 6 Upgrade 1426 2016 SF 3,013,000 4.5