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CFPB announces advisory committee members

CFPB Monitor

Nikitra Bailey, EVP, Center for Responsible Lending (Durham, NC). Lorray Brown, Attorney/Consumer Law Attorney, Co-Director, Michigan Poverty Law Program (Ypsilanti, MI). Nadine Cohen, Managing Attorney, Greater Boston Legal Services (Boston, MA). Terri Friedline, Associate Professor, University of Michigan (Ann Arbor, MI).

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CFPB announces new appointments to advisory groups

CFPB Monitor

According to the CFPB, the new members “include experts in consumer protection, financial services, community development, fair lending, civil rights, consumer financial products or services, representatives of community banks and credit unions, and scholars with relevant methodological and subject matter experience.” ”

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The Niche Bank

Jeff For Banks

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? What I hear most often is that community banks take deposits from people and businesses in their community and lend it to people and businesses in that same community. You read it right: 100%. Seems risky.

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Fintech Fundings: 15 Companies Raise $51 Million Week Ending Dec 25

Fintech Labs Insights

HQ: Troy, Michigan. Investment portfolio management . Tags: SME, lending, alt-credit, underwriting, sub-prime, loans, P2P, investing. Total raised: $6.3 HQ: Elizabethtown, Kentucky. Source: Crunchbase. Prestiamoci. Person-to-person consumer lender . Latest round: $2.2 million Series. Total raised: $3.5 HQ: Milan, Italy.

Company 12
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The 2019 GonzoBanker Awards

Gonzobanker

————————————————————————— The Alpha Early Adopter Award – Kit Snyder, Scott Sylvester, Lindsay Land and the rest of the team at Consumers Credit Union in Michigan.

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The 2023 GonzoBanker Awards

Gonzobanker

Lake Michigan Credit Union CEO Sandy Jelenski – Since becoming CEO in 2000, Sandy has led the growth of LMCU from $400 million Union to $13 billion, all while building a mortgage business and servicing portfolio that nearly matches the size of the credit union’s balance sheet. Sounds like a cool strategy to build a smarter bank.

Fintech 195