Independent Banker

JANUARY 31, 2022

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. There’s a lot of energy in the southern half of Texas, and it’s not just the resources that power our homes and cars. These include family-owned businesses, community businesses and operating companies. By Mindy Charski.

Texas 182

Texas San Antonio Community Bank Community 182

PYMNTS

APRIL 8, 2020

In an announcement on Wednesday (April 8), New York-based Vroom and Santander of Texas said the “preferred lending relationship” is designed to enhance Vroom’s customer experience with streamlined financing and competitive rates. The firms said their new tie-up will make it easier for Vroom customers to get a car loan.

Texas 141

Texas New York Lending Customer Experience 141

PYMNTS

NOVEMBER 26, 2019

As part of the acquisition, BAM’s office in Dallas, Texas will be retained by TAB Bank , including both operations and staff. BAMFi , a software provider for the secured lending space, will still own its proprietary solution FactorCloud. It will now focus solely on its cloud-based secured lending software solution.

Capital 130

Capital Fort Worth Dallas Lending 130

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

Independent Banker

AUGUST 31, 2022

When two executives at Woodforest National Bank noticed a dearth of affordable housing options in southeast Texas, they decided to do something about it, partnering with several housing and community groups to launch an innovative mortgage lending product aimed at underserved clients. Location: The Woodlands, Texas.

Austin 91

Austin Texas Community National 91

PYMNTS

SEPTEMBER 26, 2019

Advanced technology is raising the stakes of how CUs should operate, with members now demanding the instant payments and slick mobile interfaces that large banks and FinTechs have made standard,” the Tracker stated. One of the largest opportunities is in small business lending. Favorable Regulations.

Lending 108

Lending Community Bank Community Fintech 108

Independent Banker

DECEMBER 31, 2022

Chris Doyle, Texas First Bank. billion-asset Texas First Bank in Texas City, Texas. According to a Lending Tree survey, 43% of Americans have used BNPL, up from 31% year-over-year. For Texas First Bank, that meant engaging outside expertise for a neutral assessment of its options.

Trends 140

Trends Payments Community Bank Texas 140

Independent Banker

JUNE 30, 2022

Effects of the pandemic and other factors creating unpredictability have changed how community banks approach their credit and lending operations. Understanding the impact of a rising rate environment on a concentrated portion of your lending portfolio is critical.”. Illustration by erhui1979/iStock. By Judith Sears.

Management 103

Management Community Bank Community Regulation 103

CFPB Monitor

JULY 28, 2020

They assert that they cannot “intelligently negotiate a timeline for summary judgment” without knowing when the provisions will take effect “which will turn on whether the Court lifts the stay of the compliance date and how much time Plaintiffs’ members are given to bring their business operations into compliance.”.

Texas 78

Texas Groups Compliance Payments 78

PYMNTS

SEPTEMBER 28, 2020

Bankruptcy Court for the Southern District of Texas, Houston Division. The financing is in addition to the liquidity provided by the $900 million asset-based lending led by Bank of America and a group of commercial banks. They see an opportunity to grow and support the retailer in issues of sustainability, van Raemdonck said.

San Francisco 139

San Francisco New York City Houston Dallas 139

PYMNTS

FEBRUARY 21, 2020

The new funding will be used to partner with non-bank financing companies to introduce small business lending into its platform, reports said. Outrider has developed an autonomous distribution yard truck that aims to propel the adoption of self-operating vehicles within the supply chain.

Capital 181

Capital Technology Cards Texas 181

Bobsguide

FEBRUARY 22, 2022

The core transformation program, titled “FutureCore,” is divided into phases and Consumer Lending for the 7 affiliate banks is the first phase to go live, with other phases to follow. The completion of this consumer lending installation represents our first step toward having a fully integrated core loan and deposit system.

Software 78

Software Wyoming Idaho Nevada 78

PYMNTS

JANUARY 21, 2021

As CEO Brian Moynihan said on the earnings call to discuss results: “The physical payments of cash and checks have moved to more digital forms which create operational efficiencies for us and has been a strategic initiative for many years, and one that was moved forward by the [coronavirus] crisis.”. Earlier in the month, J.P.

Mobile 252

Mobile Report Trends Digital Banking 252

Independent Banker

MAY 31, 2022

One bank with a strong, comprehensive and effective handle on it is $4 billion-asset Texas Bank and Trust Company in Longview, Texas. “We Wyatt says Texas Bank and Trust Company also employs an incident response program with the requisite procedures for “resilient recovery.”. “We Cybercrime could cost $10.5

Community Bank 134

Community Bank Community Fraud Texas 134

Abrigo

JUNE 25, 2015

During leaner years is often when the demand for ag loans increases , as it’s common for those full-time farmers to tap into their community bank to cover operating costs or invest is other lines of the agricultural business. The biggest name in ag lending is unlikely to be a surprise – John Deere Financial FSB.

Community Bank 150

Community Bank Sacramento Lending Wisconsin 150

CFPB Monitor

APRIL 7, 2020

Cottonwood operates approximately 340 retail lending outlets in Idaho, Illinois, Michigan, New Mexico, Texas, Utah, and Wisconsin under the name Cash Store. The CFPB announced that it has entered into a settlement with Cottonwood Financial, Ltd., The consent order requires Cottonwood to pay a civil money penalty of $1.1

Idaho 78

Idaho Wisconsin Utah New Mexico 78

Independent Banker

AUGUST 31, 2021

A bank needs a team with diverse perspectives and unique abilities—technology, sales, lending and leadership—that is willing to work together at a heightened pace, he notes. Build a lending niche. Another bank with an emphasis on ag is $870 million-asset Peoples Bank in Lubbock, Texas. Tim Reimink, Crowe LLP.

Community Bank 170

Community Bank Community Lending Leadership 170

PYMNTS

JUNE 27, 2016

” Last March, Jet announced that it commenced efforts to expand its small business lending operations into Texas. . “We were able to leverage Jet Capital’s expertise to design the right process for small business applicants.”

Analysis 101

Analysis Capital Texas Software 101

PYMNTS

AUGUST 19, 2019

Per the terms of the executive order, the Federal Trade Commission (FTC) will be asked to open a public complaint docket and to work with the FCC to investigate how these companies operate their platforms. CFPB and Payday Lending. In the UK, Too. August 19 is here, and a deadline comes and goes.

social media 128

social media Regulation Lending Compliance 128

Independent Banker

JULY 1, 2015

Jamey Smith Citizens Bank in Kilgore, Texas. Jamey Smith forges complete partnerships for successful commercial lending. By Judith Sears. When reviewing loan opportunities, Smith spends hours with the numbers, looking for the story they’re telling.

Analytics 70

Analytics Houston Texas Training 70

Independent Banker

OCTOBER 1, 2022

Consider, for example, its commercial lending approach. of Clear Mountain Bank’s loan portfolio comprises commercial lending, primarily to small businesses. Clear Mountain Bank president and CEO Dave Thomas says a nimble mindset toward lending is critical for success. Mindy Charski is a writer in Texas. Quick Stat.

West Virginia 91

West Virginia Virginia Community Bank Community 91

PYMNTS

MARCH 2, 2018

Alternative Lending. alternative small business lending firm, that secured $900 million in 2017, while other alternative finance players, like LendingPoint and SoFi , landed significant investment rounds. The company operates a working capital and trade finance solution for companies to secure financing to power global trade.

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

APRIL 15, 2020

Texas has had more than 88,000 loans approved, worth $21.8 Coming into the PPP launch, 71 percent of these SMBs said they had already taken steps to reduce operating cash flow pressures, including reducing payroll (cited by 38 percent of firms) or even stopping payment of their bills (33 percent).

Survey 201

Survey Texas New York California 201

Independent Banker

MARCH 31, 2022

When the 2022/23 ICBA board of directors was introduced at ICBA LIVE in San Antonio, Texas, there was a palpable sense of excitement in the air. Bank Operations and Payments chair Alice P. Hartings: ICBA’s ThinkTECH Accelerator brings fintechs and community banks together to enhance bank operations and the customer experience.

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

JANUARY 6, 2020

banking industry is known as vast and highly fragmented, with thousands of banks in operation today. According to Moss, that satisfaction is driven by community banks’ ability to become ingrained in the same communities in which their small business borrowers and clients operate, fostering a one-on-one relationship.

Community Bank 123

Community Bank Community Payments Fintech 123

Gonzobanker

DECEMBER 22, 2020

Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. The Tiny Bank that Did It Award UBank of Texas. BCU has worked tenaciously to create a near-lights-out lending process with its consumer originations.

Idaho 170

Idaho Community Industry Strategy 170

PYMNTS

NOVEMBER 7, 2017

Excluding hurricane impact, OnDeck had improved both its provision rate and delinquency rate in the third quarter, while operating expenses fell. Breslow also noted that while the hurricanes in Florida and Texas had tripped up Q3’s performance, the SMB-focused small lender had by and large seen its customers recovered in time for Q4. “As

Florida 100

Florida Texas Online Lending 100

PYMNTS

JUNE 21, 2019

While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many funders targeting companies operating in less common markets. Targeting the freight brokerage and transportation management industry, Arrive Logistics , based in Texas, secured $25 million from investors.

Marketing 109

Marketing Capital San Francisco Management 109

Independent Banker

FEBRUARY 24, 2016

Mikella Newsom (middle) successfully manages a $325 million institutional investment portfolio for City Bank in Lubbock, Texas. Greg Steverson, executive vice president, chief operating officer and chief financial officer for Ledyard National Bank in Norwich, Vt., Investment principles of top bank portfolio managers. “Our

Community Bank 70

Community Bank Community Texas Management 70

Independent Banker

JULY 29, 2016

Certification through ICBA and Community Banker University ensures that a pivotal community banker has the necessary knowledge and understanding in critical operational areas. It teaches bankers how to develop a compliance program, meet lending compliance requirements, and comply with deposit and marketing regulations. 25–30 in Denver.

Minneapolis 70

Minneapolis Community Bank Community San Antonio 70

Fintech Labs Insights

AUGUST 6, 2015

Lending Club provided investors with plenty to think about in its Q2 2015 earnings conference call this week. Here are a few of the highlights from a second quarter that saw Lending Club reach $11.2 Opened to investors in Texas, Arizona, Arkansas, Iowa, and Oklahoma. billion in total originations. Renaud Laplanche is CEO.

Lending 12

Lending North Dakota Report Nebraska 12

CFPB Monitor

FEBRUARY 25, 2015

The study by Peter Toth, a PhD candidate in the Economics Department at the University of Texas at Austin, is titled “Measures of Reduced Form Relationship Between the Payment-Income Ratio and the Default Probability.” Payday Lending CFPB payday loan'

Study 60

Study Austin Texas Lending 60

Gonzobanker

SEPTEMBER 10, 2019

The digital banking market continues a long burn—this time like the smoke of a Texas summer barbecue. Geneva-based Temenos’ announced the acquisition of Austin, Texas-based digital application provider Kony in a deal totaling $580 million. This deal looks good for Temenos, Kony and the banking industry clients of both firms.

United States 88

United States Texas Austin Kansas City 88

CFPB Monitor

SEPTEMBER 21, 2015

Kukla, Senior Vice President, Center for Responsible Lending, Durham, N.C. Harlingen, Texas. O’Connor, Senior Vice President, Lending and Operations, Community America Credit Union, Shawnee Mission, Kan. Hughes, Senior Vice President of Card Marketing, Discover Financial Services, Deerfield, Ill. Christopher G.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

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

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. Best Bank for Personal Loans in Texas for 2020. Designed for borrowers with bad credit.

Texas 52

Texas Meeting Idaho Payments 52

Gonzobanker

DECEMBER 17, 2021

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. 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. This is the age of digital lending.

Fintech 142

Fintech Strategy Leadership Lending 142