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What Is Powering The Emerging Pawnaissance?

PYMNTS

While short-term lending in general has a pretty rough reputation, the pawn loan is the most ill-regarded arena in an already unloved category of consumer lending. The loan amount a borrower can get from a pawnbroker is determined solely by the value of the item itself; as in most forms of short-term lending, there is no credit check.

Ohio 151
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Gary 'Litefoot' Davis to Lead Tribal Lending Trade Group

American Banker

Gary "Litefoot" Davis, a member of the Cherokee Nation in Oklahoma and a music and on-screen personality, was named executive director of the Native American Financial Services Association.

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CFPB announces advisory committee members

CFPB Monitor

Nikitra Bailey, EVP, Center for Responsible Lending (Durham, NC). Rebecca Steele, President/CEO, National Foundation for Credit Counseling (Washington, DC). The other individuals appointed to the CBAC are: John Buhrmaster, President & CEO, First National Bank of Scotia (Scotia, NY). Clarksdale, MS). Bank (Minneapolis, MN).

DC 78
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What Goes Up …

Independent Banker

Texas and Oklahoma banks “got killed in the mid-1980s,” he says. Happy State Bank’s 32 offices are spaced over 500 miles, giving the bank’s lending portfolio geographic diversity. Today, Happy State Bank lends more conservatively as oil prices move higher. It’s nothing that banks here can’t handle.”. New energy regions adapt.

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The Case For Localizing Mom-And-Pop Investment

PYMNTS

“Being in Boston, Massachusetts, I’m much less likely to invest in a restaurant in Oklahoma if the same business was right next to me,” Mathews said. In this effort, the platform is turning to regional and national economic development organizations to promote education on both sides.

Capital 145
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M&T Unit, Other Lenders Seek $500M from Oil CEO's Estate

American Banker

Several lenders are attempting to recover a combined total of nearly $500 million from the estate of the deceased chief executive of an Oklahoma energy company.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.