American Banker

JUNE 27, 2023

The bank hasn't managed debt sales in Texas since a measure took effect in 2021 that bars governmental entities from working with companies that "discriminate" against firearms businesses. BofA's "current risk-based framework and policies" can comply with that law, a lawyer for the bank has told the state.

Texas 36

Texas America Policies Management 36

Abrigo

FEBRUARY 23, 2023

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Declining deposits, higher cost of funds, and ever-increasing competition are just a few challenges these executives are managing.

Community Bank 195

Community Bank Kansas City Community Lending 195

PYMNTS

AUGUST 14, 2018

Payday and short-term lending is a contentious topic in the United States, particularly when it comes to its regulation. Ohio’s House Bill 123 officially exists to close a series of loopholes that existed under the state’s previous attempt at regulating the short-term lending industry, the 2008 Short-Term Loan Act.

Lending 100

Lending Ohio Regulation Industry 100

Abrigo

JANUARY 25, 2021

The 2021 ThinkBIG conference will bring together the “Fighting Financial Crime” and “Manage Risk. The FinCrime track will focus on BSA/AML and fraud detection topics, while the Credit + Lending track will cover topics on managing credit risk and making smarter loans, faster. Lending & Credit Risk. SBA Lending.

San Antonio 195

San Antonio Conference Lending Texas 195

American Banker

FEBRUARY 5, 2021

First Foundation is relocating its corporate headquarters to Dallas, where the tax burden is lighter and it sees more opportunity to beef up lending, add wealth management clients and pursue acquisitions of community banks.

Taxes 65

Taxes Texas Dallas California 65

Abrigo

JANUARY 30, 2024

Speakers at Abrigo’s ThinkBIG conference will: Spotlight current challenges facing banking professionals Provide industry best practices to drive growth and manage risk Offer advice on regulatory compliance. The Fighting Financial Crime track will focus on BSA compliance, anti-money-laundering (AML), and fraud detection topics.

Conference 195

Conference Arizona Phoenix Fraud 195

Abrigo

OCTOBER 12, 2016

In September, Sageworks hosted the 5th Annual Risk Management Summit at the AT&T Executive Education and Conference Center in Austin, Texas. During the 2016 Risk Management Summit attendees were asked which area of the loan portfolio was the focus area for growth at their respective institutions. Poll Results.

Risk Management 150

Risk Management Austin Lending Texas 150

Abrigo

DECEMBER 2, 2021

Using information from the core deposit study, bank or credit union management better understands depositor behavior and has critical information to develop pricing strategies and manage funding costs. You can also incorporate the results into the asset/liability management model and develop stress testing scenarios down the road.

Conference 195

Conference San Antonio Lending Fraud 195

PYMNTS

NOVEMBER 26, 2019

As part of the acquisition, BAM’s office in Dallas, Texas will be retained by TAB Bank , including both operations and staff. BAMFi , a software provider for the secured lending space, will still own its proprietary solution FactorCloud. It will now focus solely on its cloud-based secured lending software solution.

Capital 130

Capital Fort Worth Dallas Lending 130

Independent Banker

NOVEMBER 30, 2021

State Bank of Texas, led by president Sushil Patel (center), has a niche working with hospitality customers like Reena and Arun Patel, who own and operate a La Quinta hotel in Dallas. Sushil Patel, president of State Bank of Texas, meets with Arun Patel, the owner of La Quinta Red Oak, which the community bank financed. “For

Community Bank 209

Community Bank Community Texas Dallas 209

Independent Banker

AUGUST 31, 2022

When two executives at Woodforest National Bank noticed a dearth of affordable housing options in southeast Texas, they decided to do something about it, partnering with several housing and community groups to launch an innovative mortgage lending product aimed at underserved clients. Location: The Woodlands, Texas.

Austin 91

Austin Texas Community National 91

PYMNTS

SEPTEMBER 28, 2020

He said the company’s new owners include PIMCO, a California-based global investment management firm, Davidson Kempner Capital Management LP, a global institutional alternative investment management firm headquartered in New York City and Sixth Street Partners, the San Francisco global investment firm.

San Francisco 139

San Francisco New York City Houston Dallas 139

Abrigo

MARCH 20, 2015

Based on an analysis of data from more than 6,500 banks across the country, Sageworks recently identified America’s healthiest banks by their Texas Ratios. with the lowest Texas Ratios. Regionally, Southern banks included the highest number of institutions with a zero Texas Ratio, with 16 of their top 20. Blog Bank'

Texas 150

Texas Regional California Community Bank 150

CFPB Monitor

NOVEMBER 3, 2014

Klein The Federal Reserve Board indicated it is scrutinizing mortgage loan pricing models that comply with Regulation Z but nonetheless, in the view of the Board, significantly increase fair lending risk. We wrote about the case, Texas Department of Housing and Community Affairs v. The Inclusive Communities Project, Inc. here and here.

Lending 90

Lending Community Regulation Texas 90

Independent Banker

NOVEMBER 30, 2021

Within that tightly knit group, there’s the bank’s leadership team, comprising president and CEO Greg Dennis, chief lending officer Jon Girard, vice president of operations and compliance Kristine Hendrickson, and executive vice president and chief financial officer Michele Boeder. Greg Dennis, Key Community Bank. “We Pascagoula, Miss.

Community Bank 164

Community Bank Community Texas Leadership 164

PYMNTS

MARCH 21, 2019

who simply don’t have access to safe lending and are susceptible to predatory lenders. We have been investing with Aura for the past four years because we strongly believe in the company’s mission and credit culture,” said Fernando Guerrero, Managing Partner and Chief Investment Officer of Varadero Capital.

Arizona 107

Arizona Illinois Community Capital 107

PYMNTS

JANUARY 21, 2021

In the home lending segment, the company saw two-thirds of applications done digitally. The trend is so widespread in nature that digital banking has proven more popular than ever, with 89 percent of American bank customers using mobile banking apps to manage their accounts. million individuals. million in July.

Mobile 252

Mobile Report Trends Digital Banking 252

Independent Banker

MAY 31, 2022

One bank with a strong, comprehensive and effective handle on it is $4 billion-asset Texas Bank and Trust Company in Longview, Texas. “We We have absolutely seen a rise in fraud of all types in recent months and years,” says Scottie Luke, senior vice president and chief risk officer for the community bank’s risk management department.

Community Bank 134

Community Bank Community Fraud Texas 134

PYMNTS

FEBRUARY 21, 2020

The company also manages its own warehouses and inventory to support next-day delivery. The new funding will be used to partner with non-bank financing companies to introduce small business lending into its platform, reports said. TCV, Durable Partners LP, G Squared, Light Street Capital, Alta Park Capital and others also participated.

Capital 181

Capital Technology Cards Texas 181

American Banker

OCTOBER 4, 2016

The $21 billion-asset bank said Monday that it had hired John Gannon as group manager of Small Business Administration lending and Clyde Thompson as credit officer.

Texas 44

Texas Capital Lending Groups 44

Independent Banker

OCTOBER 1, 2022

Consider, for example, its commercial lending approach. of Clear Mountain Bank’s loan portfolio comprises commercial lending, primarily to small businesses. One customer that Clear Mountain has secured a BOB loan for is Engine Management Specialist (EMS), a company based in Clarksburg, W.Va., Quick Stat.

West Virginia 91

West Virginia Virginia Community Bank Community 91

Jeff For Banks

MARCH 29, 2014

To exemplify, here are three Texas bank''s "Business" and "Business Strategy" sections to their most recently filed 10k. I picked Texas because of their perceived independent streak. Lending services include commercial loans to small to medium-sized businesses and professional concerns as well as consumers. Independent?

Strategy 100

Strategy Texas San Antonio Fort Worth 100

Bobsguide

FEBRUARY 22, 2022

The core transformation program, titled “FutureCore,” is divided into phases and Consumer Lending for the 7 affiliate banks is the first phase to go live, with other phases to follow. The completion of this consumer lending installation represents our first step toward having a fully integrated core loan and deposit system.

Software 78

Software Wyoming Idaho Nevada 78

PYMNTS

SEPTEMBER 25, 2019

The company has teamed up with Regions Bank to provide the possibility of virtual loans to consumers in Texas, the South and the Midwest. . The ways people search for and purchase a vehicle continue to change,” said Tom Lazenby, auto lending manager for Regions Bank.

Los Angeles 100

Los Angeles Online Regional Texas 100

Abrigo

JANUARY 28, 2016

trillion in assets and thousands of employees) or tiny Oakwood State Bank in Texas (with $6.5 At the same time, top executives and managers at banks and credit unions know that customers cannot be served well if the financial institution is struggling to survive. Whether it is Wells Fargo (with $1.6 They may include: 1.

Capital 150

Capital Texas Risk Management Management 150

Independent Banker

JUNE 30, 2022

But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. By Ed Avis.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

JANUARY 12, 2021

And Susana Dommar, a chiropractor in Texas, received a loan for just $1.”. Porter Capital , which works with accounts receivable (AR) financing and asset-based lending solutions, will provide more funding for businesses in need of extra money from their current Paycheck Protection Program (PPP) funds, according to a press release.

Arkansas 152

Arkansas New Jersey Oregon Capital 152

PYMNTS

SEPTEMBER 29, 2020

Seventy-two percent were highly interested in innovating products that offered digital management capabilities, for example, while 48 percent and 42 percent were highly interested in developing solutions that provided notifications and alerts and instant issuance to digital wallets, respectively.

San Diego 141

San Diego Innovation Cards California 141

Independent Banker

AUGUST 31, 2021

A bank needs a team with diverse perspectives and unique abilities—technology, sales, lending and leadership—that is willing to work together at a heightened pace, he notes. Build a lending niche. Another bank with an emphasis on ag is $870 million-asset Peoples Bank in Lubbock, Texas. Tim Reimink, Crowe LLP.

Community Bank 170

Community Bank Community Lending Leadership 170

Bank Innovation

NOVEMBER 21, 2016

The Financial CHOICE Act, proposed by Texas Congressman Jeb Hensarling earlier this year, is a measure aimed at overturning or heavily modifying many of the regulations put in place after the 2008 financial crisis. The act has recently fallen under scrutiny from Wall Street as the president-elect championed a lessening of Read More.

Texas 150

Texas Fintech Regulation Management 150

Abrigo

SEPTEMBER 16, 2016

As Tim McPeak, an executive risk management consultant at Sageworks, pointed out in a recent webinar , it may seem obvious, but benchmarking your bank against peers on some basic metrics is an important first step in any peer analysis. Another discovery you may have when benchmarking the bank is that the peer group was improperly defined.

Analysis 150

Analysis Leadership Groups Case Study 150

Independent Banker

FEBRUARY 25, 2015

Coping just fine, community banks in energy-producing regions manage the oil-price plunge. billion-asset community bank based in Happy, Texas. Texas and Oklahoma banks “got killed in the mid-1980s,” he says. He points out that these most recent boom times in Texas have brought in “a lot of cash” to the energy industry.

North Dakota 70

North Dakota Texas Louisiana Community Bank 70

PYMNTS

MARCH 2, 2018

and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend. Alternative Lending. A report released this week found startups across the U.S., Accenture highlighted Kabbage , the U.S.

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

JUNE 27, 2016

. “The flexibility of the core defi system made expanding into the business segment a very manageable process,” the executive said. ” Last March, Jet announced that it commenced efforts to expand its small business lending operations into Texas.

Analysis 101

Analysis Capital Texas Software 101

PYMNTS

AUGUST 19, 2019

CFPB and Payday Lending. The repayment provisions of the Consumer Financial Protection Bureau’s (CFPB) payday lending rule will not be in place as of today, which had been the date mandated in regulations announced two years ago. August 19 is here, and a deadline comes and goes.

social media 128

social media Regulation Lending Compliance 128

PYMNTS

JANUARY 7, 2020

The company has teamed up with Regions Bank to provide the possibility of virtual loans to consumers in Texas, the South and the Midwest. The ways people search for and purchase a vehicle continue to change,” said Tom Lazenby, auto lending manager for Regions Bank.

Trends 134

Trends Retail Fort Worth Regional 134

Independent Banker

APRIL 28, 2016

in Galveston, Texas. Rasmussen: Yes, it is an honor to serve the Group 3 Banks in Texas, southern New Mexico and northern Louisiana for three more years. IB: How is Texas’s economy holding up with the severe drop in oil prices? Our lending strongly supports our tourist economy. Photo by Robert Seale.

Dallas 131

Dallas Texas Houston Community 131