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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. Examining the potential synergies between credit unions and new online lending platforms. Presented by Filene and Canadian Credit Union Association.

Lending 28
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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.

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Lender Life

Independent Banker

Robust online mortgage websites embrace today’s lending challenges as well as consumer needs. I still do a lot of lending myself,” Michelotti says. The impetus for starting a robust mortgage website “was convenience for our customers,” explains Zehireta Avdic, marketing officer for the $1 billion-asset community bank.

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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. About the market. Consumer Lender Life Lending Web Exclusives' FirstBank, which has $2.3

Trends 70
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Nurturing New Businesses

Independent Banker

Of course, community banks are the primary economic engines behind small businesses on Main Street America, funding more than 60 percent of all small-business lending. Some startups may be the brainchild of an engineers with a feature-rich product, but with no idea how to market it or even if a market exists for their gee-whiz product.

Miami 70
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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. Here are a few ways Kyle described how this concept might work: Marketing to the local community and actively becoming a part of it.

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How community banks can help young homebuyers

Independent Banker

According to the 2022 Home Buyers and Sellers Generational Trends Report published by the NAR, there are some clear generational trends in the homebuying market. Younger millennials and Gen Z buyers—those born after 1980—represent 45% of the total homebuyer market. So how can community banks help? Click to enlarge.