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From CRE to Corporate Culture – BIG Ideas from 2020 ThinkBIG: Manage Risk. Drive Growth.

Abrigo

The banking industry has faced many challenges in 2020, from transitioning to CECL, managing Paycheck Protection Program loans, and navigating an unprecedented economic recession. More than 500 banking professionals across the country gathered for a two-day 2020 ThinkBIG: Manage Risk. Plan for new technology and innovations.

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Are de novos making a comback?

Abrigo

For perspective, a mere 4 banks have opened since 2011, and two of those were in 2017 alone: both International Bank of Commerce of Oklahoma City, OK, and Blue Gate Bank of Costa Mesa, CA, opened in January 2017. Learn more about how Sageworks can help banks and credit unions grow profitably and mitigate risk.

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CFPB announces advisory committee members

CFPB Monitor

Nikitra Bailey, EVP, Center for Responsible Lending (Durham, NC). Nadine Cohen, Managing Attorney, Greater Boston Legal Services (Boston, MA). Ronette Hauser-Jones, Mortgage Division President, Great Plains Bank (Oklahoma City, OK). Mae Watson Grote, Founder and CEO, The Financial Clinic (Brooklyn, NY).

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Fintech Fundings: 24 Companies Raise $560 Million Week Ending Sep 18

Fintech Labs Insights

HQ: Oklahoma City, Oklahoma. Risk management for P2P lending. Direct debit management services. Tags: Advisors, wealth management, personal financial management. Online investment platform. HQ: Marina Del Rey, California. Latest round: $15.5 Total raised: $20 million. Source: FT Partners.

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For Ag Lenders, Farm Outlook Warrants Watching

Abrigo

farmers is even more unpredictable than in recent years, so financial institutions will want to keep a close eye on the agricultural sector -- both to protect ag lending portfolios and tap into ag loan growth opportunities. Stay up to date on the farm outlook and ag lending best practices. Ag Lending. Lending & Credit Risk.

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Fintech Fundings: 22 Companies Raise $300 Million Plus 2 IPOs Raise $5.9 Billion

Fintech Labs Insights

Expense management solutions for small businesses. 401(k) management. HQ: Oklahoma City. Using the blockchain for managing records. Card rewards management. Tags: Enterprise, SMB, investing, wealth management, data. Latest round: $135 million at $1 billion valuation. Total raised: $600 million. Xpenditure.

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Top Banking Challenges: Finding Growth in 2021 and Beyond

Abrigo

Nevertheless, many financial institution executives have taken – and are taking – steps that will help address their top concerns related to lending and profitability. Technology sets up future lending success. Chairman and Co-CEO of First Oklahoma Bank, in a recent interview with TulsaWorld.com. “Or Optimize Technology.

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