Independent Banker

JULY 31, 2022

“If your bank has a DEI [diversity, equity and inclusion] council, collaborate with them on how you can make your social space more inclusive throughout the year,” says Autumn Jose, Social Bankers member and social media and marketing coordinator at $3 billion-asset Civista Bank in Sandusky, Ohio. “If Social media can be a recruiting tool.

social media 224

social media Trends Community Groups 224

CFPB Monitor

SEPTEMBER 10, 2020

Thereafter, “using its existing lending operations and personnel, LoanMart commenced ‘marketing’ and ‘servicing’ auto title loans purportedly made by CCBank, a small Utah-chartered bank operating out of Provo, Utah.” The DOB indicated that such loans have interest rates greater than 90 percent.

Utah 78

Utah California FDIC West Virginia 78

Independent Banker

MARCH 31, 2022

Coldwater, Ohio. Bank Operations and Payments chair Alice P. ICBPAC chairman Shon Myers, Chairman, President and CEO, Farmers & Merchants Bank, Miamisburg, Ohio. Hartings: ICBA’s ThinkTECH Accelerator brings fintechs and community banks together to enhance bank operations and the customer experience. Chairman Brad M.

Community Bank 239

Community Bank Community Industry Texas 239

Independent Banker

MARCH 31, 2022

One community bank relying on its internal talent is $596 million-asset The Community Bank in Zanesville, Ohio. “In They can go ahead and operate and know that our bank is behind them,” Allen says. They become a loyal customer of our bank, because we showed them a better path.”. Joe Allen, The Community Bank.

Community Bank 91

Community Bank Wisconsin Community Resources 91

Jeff For Banks

APRIL 25, 2014

will provide greater capital resources and operational scale that will allow us to grow as part of a larger community bank." - Loralee Hutchinson, President of Alarion Financial Services, Inc. Read: We needed greater scale to offer the products and services demanded by customers. Our combination.

Community 95

Community New York Indiana Connecticut 95

CB Insights

OCTOBER 26, 2017

Across the US, well-funded companies are rethinking how the financial system operates. California-based lending unicorn SoFi is the most well funded fintech company with just over $2B raised since 2011. We excluded companies that have not raised equity funding since 2015 and excluded funding from debt as well as lines of credit.

United States 78

United States Fintech North Carolina Rhode Island 78

Independent Banker

JANUARY 26, 2016

Univest Bank’s loan officers typically file applications for commercial lines of credit, handled via a cloud-based operating system from nCino Inc. After a loan is funded, the account information is sent to the bank’s small-business loan operations department, where a Univest Bank staffer manually books the loan into the bank’s core system.

Community Bank 70

Community Bank Community Ohio System 70

Independent Banker

SEPTEMBER 25, 2014

increased operational risks. Bland of the OCC agrees that “one of the biggest issues” for bank examiners is evaluating operational risk, especially with eyes toward the current financial environment where loan underwriting terms are changing. in Kent, Ohio. Revisit Bank Secrecy Act activities. Virginia B.

Compliance 101

Compliance Regulation Community Bank Community 101

CB Insights

NOVEMBER 6, 2018

Combined, these 31 European startups have raised more than $21B in total funding, and operate across industries including fintech, e-commerce, healthcare, and more. Company Description: This UK-based company operates data centers in Europe and Asia. Auto1 Group now has operations in more than 30 countries. Global Switch.

Groups 76

Groups Capital Operations Fintech 76

MyBankTracker

MAY 28, 2020

APRs are lower than predatory lending options. Possible Finance provides its loans to people with poor or no credit, which means it takes on more lending risk than a traditional lender that looks for customers with strong credit history. This review will cover everything you need to know about Possible Finance. Low borrowing amount.

Texas 52

Texas Meeting Idaho Payments 52

Gonzobanker

NOVEMBER 9, 2015

Brian Mooney, CEO of Merchant Customer Exchange (MCX), also used his stage time to talk about the pilot under way in Columbus, Ohio, with many merchants. Innovation we saw that we’re all not talking about enough: lending. Alibaba and Lending Club have partnered to offer instant credit to small businesses buying from Chinese suppliers.

blockchain 60

blockchain Bitcoin Lending Innovation 60

MyBankTracker

MAY 23, 2020

APRs are lower than predatory lending options. If you’re considering applying for a personal loan, this review will cover everything you need to know about Opploans. Designed for borrowers with bad or no credit. On-time payments can help build credit. APR is still extremely high compared to typical personal loans. Borrowing Amounts.

Rhode Island 52

Rhode Island Nebraska Alabama South Dakota 52

Independent Banker

JUNE 30, 2022

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.

Community Bank 172

Community Bank Community National Philadelphia 172

Independent Banker

APRIL 30, 2022

First Bank of Ohio. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. The community bank uses the Entrepreneurial Operating System, commonly known as EOS Traction, to keep departmental efforts aligned.

Community Bank 172

Community Bank Community Montana Taxes 172

Gonzobanker

DECEMBER 19, 2022

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Goes to MoneyLion for lots of obvious inappropriate behavior including violating the Military Lending Act regarding capped lending rates. Acquisition of the Year: The No Time to Breathe Award. The Appropriate CFPB Target Award. talent market.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

OCTOBER 25, 2019

which operates the QuickQuid and On Stride brands, is considering its options after confirming plans to exit its British operations. Payday lenders have been increasingly under fire, accused by customers and regulators of having unfair lending practices. The battle over payday lending — specifically, how tough U.S.

Ohio 100

Ohio California Policies Lending 100

PYMNTS

AUGUST 14, 2018

Payday and short-term lending is a contentious topic in the United States, particularly when it comes to its regulation. Most recently, Ohio capped off a 10-year regulatory project two weeks ago, with John Kasich’s signature on a new bill that will close loopholes in 2008 legislation to legally rein in short-term lenders.

Lending 100

Lending Ohio Regulation Industry 100

CFPB Monitor

DECEMBER 8, 2022

In December 2020, the FDIC issued a final rule setting forth the conditions it will impose and the commitments it will require to approve a deposit insurance application from an industrial bank or ILC whose parent company is not subject to consolidated supervision by the Federal Reserve Board.

FDIC 78

FDIC Company Industry Regulation 78

FICO

JANUARY 5, 2023

With a weakening economy, BNPL firms have seen a rise in bad debts, growing losses, increased costs of operations and tumbling share prices. Some BNPL firms already are providing disclosures mandated by the Truth-in-Lending Act. There Will be Changes in the BNPL Market, but Major Regulatory Action Is at Least a Year Away.

Policies 52

Policies Company Regulation Risk Management 52