article thumbnail

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

South State Correspondent

Building out the ever-important treasury management suite, targeting deposit-rich customer segments, and creating new savings products are all examples of how banks can build deposit balances at low cost, low-rate sensitivity, and high deposit convexity. Lending Focus – Interest Rate Sensitivity and Credit Accuracy.

article thumbnail

Dodd/Frank-CFPB: Small Business Lending Data Collection Rule

Abrigo

Data collection for small business lenders Financial institutions, fintech companies, and other small business lenders will need to begin collecting a wide array of small business lending data under the Consumer Financial Protection Board’s (CFPB) proposed small business lending data collection rule. Proposal Issued. securities credit.

Lending 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Randy Stevens , CEO , First Farmers and Merchants Bank , Nashville TN. We salute a legend of lending and credit union leadership. Has it worked?

Fintech 147
article thumbnail

The 2019 GonzoBanker Awards

Gonzobanker

And now, the GonzoBanker team salutes some other troublemakers in each individual Smarter Bank category: The Strategy Award – Goes to Studio Bank in Nashville, Tenn. The Talent Award – Goes to Pinnacle Financial Partners , Nashville, Tenn., Smarter Bank Individual Awards. Might be time to.

Idaho 148
article thumbnail

The 2023 GonzoBanker Awards

Gonzobanker

The Grow-a-Cool-Niche-Award – goes to Bank Newport for creating a national marine lending business and investing to win with more talent, partnerships and technology. Word: Community banks don’t lend on $400 million office buildings in Manhattan and San Francisco. Sounds like a cool strategy to build a smarter bank. And finally….

Fintech 195