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How Relationship Lending & A Transaction-Oriented Focus Can Win More Business Loans

Abrigo

Personalized Touch with Efficient Service Can Boost Lending Banks and credit unions can boost business lending by combining a relationship focus with transaction-oriented processing. . This competition can only increase as the lending landscape continues to shift.

Lending 195
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Transactions: Edward Jones partners with Citi for BaaS

BankInovation

Wealth management company Edward Jones selected Citibank on Aug. Louis-based company will also integrate Citi Alliance, the bank’s lending service, into its platform to provide loans to its customers, according to an Edward Jones release. 15 to provide bank accounts to its more than 8 million clients.

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Is commercial lending on the rise?

Independent Banker

Ashley Horner (right), senior vice president and SBA loan administrator, shown with portfolio manager Melanie Elmore, says Summit Bank is on track to make $30 million in SBA loans this year. Loan providers share an infectious enthusiasm and growing optimism for one vertical’s prospects in 2022: commercial lending. Quick Stat.

Lending 158
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Mastercard Commits $500M To Boost Black Communities, Businesses

PYMNTS

Mastercard said the new program would, among other things, expand city programs that aid Black communities in such cities as Atlanta, Birmingham, Los Angeles, New Orleans, New York, St. Louis and Dayton, Ohio.

Community 282
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How to Better Advise Commercial Clients About Rates in 2024

South State Correspondent

How should lenders discuss interest rates in 2024, and what advice should relationship managers provide their clients about banking products? A recent 2023 paper from the Federal Reserve Bank of St. Louis studied the predictive prowess of economists. First, we believe the market to be a poor predictor of future economic states.

How To 195
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5 ways to shake up your lending strategy

Independent Banker

Particularly for small businesses, community banks should make sure they use up-to-date tools to assess risk, such as relying more heavily on the owner’s personal credit, says Joel Pruis, who leads the commercial and small business lending practice at Cornerstone Advisors in Scottsdale, Ariz. Learning about lending.

Lending 103
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Chase Plans Expansion In Top US Markets In 2019

PYMNTS

The new locations will include Charlotte, North Carolina; St. Louis, Missouri; Pittsburgh, Pennsylvania; Kansas City, Kansas and Greenville, South Carolina, among others. Over the next five years, the bank plans to open 400 new locations, which will need about 3,000 employees.

St. Louis 145