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Reimagining Credit Unions: The Federal Option, Lessons from Europe and Peer-to-Peer Lending

Filene

The credit union system seems to be at a crossroads, buffeted by pressures from all corners including regulators, lending markets, and disruptive payment systems. Examining the potential synergies between credit unions and new online lending platforms. Presented by Filene and Canadian Credit Union Association.

Lending 28
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Education: By Popular Demand

Independent Banker

It teaches bankers how to develop a compliance program, meet lending compliance requirements, and comply with deposit and marketing regulations. Community Banker University offers educational opportunities through live, in-person seminars and webinars, publications, audio conferences, self-study programs and videos. 25–30 in Denver.

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Lender Life

Independent Banker

Robust online mortgage websites embrace today’s lending challenges as well as consumer needs. When Community Bank of Bergen County unveiled its online mortgage hub this summer, the bank put “ease of use” at the top of its goals for the site, says President and CEO Peter Michelotti. “I The online mortgage hub at D.L.

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15 Minutes With … Mark Hulbert

Independent Banker

After earning a Christian counseling degree, Mark Hulbert has become a commercial lending officer. Commercial Lending Representative. Hulbert: I’m doing commercial lending. Photo by Ryan Ketterman. Mark Hulbert. For the $125 Million-Asset. Highland Commercial Bank in Marietta, Ga. What were you doing before?

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Reverse Trend

Independent Banker

Community banks, which will continue to face a growing number of senior customers with everyday cash needs and built-up home equity, should explore this niche lending opportunity, two community bankers providing these specialty loans suggest. There are a lot of tire kickers” among online shoppers, he says. FirstBank, which has $2.3

Trends 70
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Traditional Banks v. Alternative Lenders: How Goliath Can Beat David

Banking 2020

The rapid emergence of crowdfunding, alternative lending, and peer-to-peer transactions strongly indicates that small businesses are shifting away from the traditional banking environment. For instance, they could offer light advisory services or seminars to business owners who have working capital lines of credit.

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How community banks can help young homebuyers

Independent Banker

Burmis, senior vice president and retail lending manager at $450 million-asset Chelsea State Bank in Chelsea, Mich. And although banks follow fair lending laws and don’t offer special treatment for younger borrowers, flexibility can be beneficial for millennial and Gen Z customers who have embraced the “gig economy” of non-W-2 income.