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How community banks can help young homebuyers

Independent Banker

Burmis, senior vice president and retail lending manager at $450 million-asset Chelsea State Bank in Chelsea, Mich. And although banks follow fair lending laws and don’t offer special treatment for younger borrowers, flexibility can be beneficial for millennial and Gen Z customers who have embraced the “gig economy” of non-W-2 income.

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Reimagining Credit Unions: The Federal Option, Lessons from Europe and Peer-to-Peer Lending

Filene

The credit union system seems to be at a crossroads, buffeted by pressures from all corners including regulators, lending markets, and disruptive payment systems. Looking at other banking and co-operative models that somehow manage to preserve local autonomy even as they generate strong profitability.

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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. Community Banker University offers educational opportunities through live, in-person seminars and webinars, publications, audio conferences, self-study programs and videos. Lead FWD Summit.

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15 Minutes With … Mark Hulbert

Independent Banker

After earning a Christian counseling degree, Mark Hulbert has become a commercial lending officer. Commercial Lending Representative. I like the concept of helping people manage their finances and gain access to finances, so they can buy a house or car or start a business. Hulbert: I’m doing commercial lending.

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ICBA’s 2021 National Community Bank Service Award winners

Independent Banker

The KSB Lends a Hand program took anniversary funds totaling $20,000 and distributed them to more than 100 local organizations. “We Among its digital innovations is an extensive library of application programming interfaces (APIs) that runs its customer platform and allows the bank to originate and service loans on online lending platforms.

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Reverse Trend

Independent Banker

Community banks, which will continue to face a growing number of senior customers with everyday cash needs and built-up home equity, should explore this niche lending opportunity, two community bankers providing these specialty loans suggest. There are a lot of tire kickers” among online shoppers, he says. FirstBank, which has $2.3

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Traditional Banks v. Alternative Lenders: How Goliath Can Beat David

Banking 2020

The rapid emergence of crowdfunding, alternative lending, and peer-to-peer transactions strongly indicates that small businesses are shifting away from the traditional banking environment. For instance, they could offer light advisory services or seminars to business owners who have working capital lines of credit.