PYMNTS

SEPTEMBER 17, 2019

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

Ohio Lending Iowa South Dakota 151

PYMNTS

JUNE 24, 2016

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. Online lending .

Lending 101

Lending Online South Dakota North Dakota 101

CFPB Monitor

SEPTEMBER 10, 2020

The DBO indicated that it “is investigating whether LoanMart’s role in the arrangement is so extensive as to require compliance with California’s lending laws. According to the DBO’s press release, until the FACA became effective, LoanMart was making state-licensed auto title loans at rates above 100 percent.

Utah 78

Utah California FDIC West Virginia 78

American Banker

OCTOBER 24, 2016

billion-asset bank in northern Virginia with strong mortgage originations and a growing wealth management business. The acquisition of Middleburg Financial would create a nearly $2.5 It would provide an endgame for Middleburg while also making Access more appealing to potential buyers.

Virginia 28

Virginia National Management Community Bank 28

CFPB Monitor

JULY 7, 2021

On July 1, Virginia Governor Northam signed Senate Bill 1410 which amended several Virginia anti-discrimination statutes to prohibit discrimination based on “military status.” The amended laws include the Virginia Human Rights Act which prohibits discrimination in places of public accommodation and employment.

Virginia 78

Virginia United States National Lending 78

Gonzobanker

DECEMBER 17, 2021

Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. 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.

Fintech 147

Fintech Strategy Leadership Lending 147

Independent Banker

SEPTEMBER 25, 2014

However, as the expansion proceeds and bank lending continues to gain steam, sound principles of loan underwriting and concentration management must be remembered.”. Virginia B. Virginia B. Anna DeSimone, president of Bankers Advisory, a lending compliance consulting firm in Belmont, Mass., increased operational risks.

Compliance 101

Compliance Regulation Community Bank Community 101

Jeff For Banks

MARCH 20, 2016

billion in asset Union Bank & Trust in Virginia had $1.1 Remember during the depression when the National Housing Act of 1934 created the Federal Housing Administration (FHA). Similarly, SBA guarantees reduce risk for small business lending. billion in equity capital since its founding in 2011. We don't know. Perhaps not.

Virginia 60

Virginia Risk Management Capital Comparison 60

Independent Banker

MARCH 15, 2015

Thoughtful lending and an open mind keep profits strong for incoming ICBA chairman Jack Hartings. in Coldwater, Ohio, and ICBA’s incoming chairman, held fast to his community bank’s conservative lending practices. To combat the decline in the bank’s loan-to-deposit ratio, Hartings actively sought out new opportunities in lending.

Ohio 70

Ohio Community Bank Community Lending 70

Independent Banker

NOVEMBER 30, 2021

Within that tightly knit group, there’s the bank’s leadership team, comprising president and CEO Greg Dennis, chief lending officer Jon Girard, vice president of operations and compliance Kristine Hendrickson, and executive vice president and chief financial officer Michele Boeder. Community National Bank & Trust of Texas.

Community Bank 164

Community Bank Community Texas Leadership 164

CB Insights

APRIL 17, 2018

Notable Investments: Lending Club (IPO), DocuSign , Square (IPO), Spotify (IPO), Twitter (IPO), Houzz. Education: Stanford University (MBA), Australian National University (BA/BSC). Education: University of Virginia (JD), Harvard College (BA). Current Firm: Kleiner Perkins Caufield & Byers. JEREMY LIEW. ASHEEM CHANDNA.

San Francisco 71

San Francisco CA Capital Operations 71

Jeff For Banks

DECEMBER 29, 2021

The bank was founded in 2006 and operates 19 full-service branch locations in multi-ethnic communities in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. and equipment lending and asset based lending through Triumph Commercial Finance. (Nasdaq: MCBS) MetroCity Bankshares, Inc.,

Capital 78

Capital Texas Metro North Carolina 78

CFPB Monitor

SEPTEMBER 13, 2018

57, disapproving of the CFPB’s Bulletin 2013-2 regarding “Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act.” because of race, color, religion, sex, handicap, familial status, or national origin.”. to discriminate against any person.

Rhode Island 60

Rhode Island District of Columbia North Carolina Vermont 60

CFPB Monitor

AUGUST 30, 2018

Under the Rule, a practice has a discriminatory effect where it actually or predictably results in a disparate impact on a group of persons or creates, increases, reinforces, or perpetuates segregated housing patterns because of race, color, religion, sex, handicap, familial status, or national origin.

Groups 68

Groups Rhode Island District of Columbia North Carolina 68

CB Insights

NOVEMBER 9, 2017

Indeed, co-founder Alejandro Resnik, the CEO, told the WSJ in 2015 that it was looking to raise a “monster round” of $300 million at a $2 billion valuation to fuel its national expansion. Select VC Investors: VantagePoint Capital Partners, Lend Lease Ventures. Company: Bling Nation. via TechCrunch. Company: AOptix Technologies.

Capital 78

Capital Company San Francisco Operations 78

PYMNTS

JULY 30, 2018

Virginia Senator Mark Warner, vice chairman of the Senate Intelligence Committee, released a policy paper detailing 20 options for the government to start regulating big tech a lot more closely. The report, for example, calls out various online lending platforms that include “social media data” to make underwriting decisions.

Regulation 101

Regulation Policies social media Data 101