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Credit unions continue to see growth in auto lending

Abrigo

Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. Utilizing the Sageworks Bank Information platform, Sageworks recently examined how steadily auto lending at credit unions – specifically for new vehicles – grew in 2014.

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Kabbage Steps Up Payments Offering With SMB Loans

PYMNTS

Alternative lending firm Kabbage is introducing a new loan product that offers customized cash flow solutions to small and medium-sized businesses (SMBs), the payments startup announced on Tuesday (Feb. “As a former small business owner, I know managing cash flow is a major headache,” said Rob Frohwein, CEO of Kabbage.

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Managing Commercial Real Estate in a COVID-Ravaged Landscape

Gonzobanker

If the institution is using this service in the AML and fraud departments, it might be wise to open these searches to loan officers managing their portfolios. Credit teams are outstanding at engaging borrowers and portfolio management activities, but they may struggle spinning up an integrated data strategy on the fly. * * *.

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CEO Roundtable: Ideas for a successful 2023

Independent Banker

We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year. billion-asset The Bank of Tampa in Tampa, Fla., So we’re careful when we lend out commercial real estate loans.

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CFPB announces new appointments to advisory groups

CFPB Monitor

Alvarez, Executive Director, Housing & Education Alliance, Tampa, Fla. Kukla, Senior Vice President, Center for Responsible Lending, Durham, N.C. DeBery, Senior Vice President, Internal Audit and Risk Management, Bath Savings Institution, Bath, Maine. Tim Chen, Chief Executive Officer, NerdWallet, San Francisco, Calif.

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Best Community Banks to Work For 2022

Independent Banker

An entrepreneur with a background in accounting and finance, CEO and chairman of the board Thomas Swenson set up Montana Business Capital Corporation in 1998 with a focus on job creation and economic development lending. Swenson’s goal has been to create a team of individuals who can manage themselves but also function well together.

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2021 GonzoBanker Awards

Gonzobanker

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. Congrats to Randy and a great management team. We salute a legend of lending and credit union leadership. GonzoBanker of the Year – Credit Union.

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