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Spotlight on lending: Commercial loan growth geographically

Abrigo

Now that banks have filed their third quarter financial reports , what did the lending picture look like last quarter? Nationally, the picture is a fine one. However, Q3 commercial lending is down from the beginning of 2014 (quarter ending 3/31/2014) by about $67 billion. banks is up $157 billion from the same period in 2013.

Lending 186
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Is Tribal Lending Done?

PYMNTS

The Kansas businessman – facing a 2017 conviction for violating federal truth in lending and racketeering laws in connection with his online lending business – attempted to apologize for the $3.5 Opponents of tribal lending applaud this, noting that Tucker’s story is common and symptomatic of the trouble with the industry as a whole.

Lending 118
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Apollo Bank hires South Florida banking veteran as its president

American Banker

The Miami bank, which called off a proposed sale to a credit union last year, recruited Ramon Rodriguez from City National Bank of Florida to oversee its local lending and global banking operations.

Florida 53
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Lending Focus – Interest Rate Sensitivity and Credit Accuracy. If you look back over any recession, it is the two years prior when banks make 80% of their lending mistakes. Many banks, for example, are still hyper-competitive in multifamily lending. Remember all those five-year fixed-rate loans you booked at 4%?

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A digital-first bank for south Florida

Independent Banker

Serving Miami-Dade, Broward and Palm Beach counties, Locality Bank is focusing on serving small businesses and others in the restaurant and hospitality sectors. Featured offerings include commercial banking, commercial real estate lending for both owner-occupied and investment, SBA lending, and deposit and business treasury services.

Florida 91
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Helping Homeowners Access Home Equity Without Debt

PYMNTS

At the same time, Sponholtz noted, consumers’ financial futures are looking less certain to them, as unemployment levels grow and the nation’s economic future looks increasingly precarious. . Merely being vulnerable, Gay noted, is not an omen of doom for a locale, so much as it is a call to action. . ” .

Las Vegas 255
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BankUnited Nabs Capital One Execs to Lead Equipment Finance

American Banker

Bank United in Miami Lakes, Fla., has appointed two former Capital One Financial executives to lead its new equipment and franchise finance subsidiary.

Capital 34