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Late Payments Sound Sour Notes in US

PYMNTS

In Oregon, and as reported by The Statesman Journal , the Willamette Country Music Festival may be cancelled in future years amid widespread late payments to that festival’s vendors. Many of those vendors have filed fraud complaints with the Oregon Department of Justice. The SMEs have been hurt by caps on lending.

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The community banks standing by hospitality customers

Independent Banker

Industry data clearly shows that recovery is underway, although some segments and regions are faring better than others. Hospitality lending is a natural fit for the State Bank of Texas. million loan for a motel on the Oregon coast and a $8.3 We are going to look at who we’re lending to first.”. New loan demand returns.

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The top-performing community banks of 2021

Independent Banker

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. Genesee Regional Bank. Philip Pecora, president and CEO, Genesee Regional Bank. Genesee Regional Bank. Q: Why has Genesee Regional Bank succeeded?

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Bankers: Is your strategy the same as your competitor?

Jeff For Banks

Lending services include commercial loans to small to medium-sized businesses and professional concerns as well as consumers. We are registered in Colorado and Oregon as a lender and our employees maintain home offices in those states from which we originate and underwrite those loans. Department of Agriculture.

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