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Widening Borrower Protection’s Scope To SMBs

PYMNTS

As online lending platforms proliferate among the SMB borrowing community, however, experts warn that a lack of regulation means these companies rarely publicly reveal interest rates and fees. “We have seen small businesses destroyed by online lending.” “We have seen small businesses destroyed by online lending.”

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Bankers: Five Ways to Use Profitability Data to Move You Forward

Jeff For Banks

On a recent Pennsylvania Institute of CPA podcast , Bob Kafafian from my firm was asked how to use management information. But draws operating expenses from support centers. Lending is a risk business, and aside from the provision expense, and net-charge off rate, those loans require equity to support them. You read it right.

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Time Tried, Panic Tested. The Forgotten Story of the First National Bank of Keystone

Jeff For Banks

billion in assets, had 87 full-time equivalent employees, and accounted for two-thirds of the town's tax revenue. She effectively ran the bank and its operations. The Bank's Rise McConnell came to the bank in 1977 from McKeesport, Pennsylvania. Nationwide lending! Clearly, blue-suit regulators stood out. They kept some.

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The social responsibility of banks is to increase profits.

Jeff For Banks

His conclusion remains true, however, as much then as now: business has no social responsibility except to maximize profits within the laws and ethical norms of the society in which it operates. Franklin recognizes that new business generation is critical to the success of the communities in which they operate. Could it work for you?

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The social responsibility of banks is to increase profits.

Jeff For Banks

His conclusion remains true, however, as much then as now: business has no social responsibility except to maximize profits within the laws and ethical norms of the society in which it operates. Franklin recognizes that new business generation is critical to the success of the communities in which they operate. Could it work for you?

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

The housing bubble bursting that same year had the opposite effect and various penalties and real estate losses relating to Countrywide’s lending practices ended up costing BofA about $40B, all told. of its investment in Columbia plus an additional $510M in operating losses from the unit. New York Central and Pennsylvania Railroad.

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