Independent Banker

MARCH 31, 2022

ICBA president and CEO Rebeca Romero Rainey, Washington, D.C. We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. For instance, ICBA is calling for congressional hearings on the credit union tax exemption. Coldwater, Ohio. Grand Rapids, Minn.;

Community Bank 239

Community Bank Community Industry Texas 239

TrustBank

DECEMBER 8, 2022

The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. Adding to the observation is the fact that from roughly 2001-2006, a devastating housing price bubble formed due to lax lending standards.

US 52

US Policies Taxes Washington 52

Independent Banker

JULY 30, 2015

When meeting with our member community banks, the top concern is always the continuing crush of regulatory burden emanating from Washington, D.C. Property tax lenders. Several bills were introduced this session to continue to address issues related to property tax lenders. Data security breaches.

Data 70

Data Texas Community Bank Taxes 70

PYMNTS

NOVEMBER 6, 2018

Taxes, minimum wage, global trade tariffs — there are a lot of regulatory changes weighing heavily on the minds of U.S. small business owners. Among the heaviest is healthcare , with regulatory changes impacting costs and cash flow for small businesses.

Capital 130

Capital Iowa Management Community 130

Independent Banker

FEBRUARY 24, 2016

Having a supportive board of directors, which has supported Ledyard’s need to invest in other sectors, has allowed Steverson to allocate funds to other areas at opportune times, such as corporate securities, bank-owned life insurance, low-income-housing tax credits and municipal securities. Balancing soft lending. Now it’s monthly.”

Community Bank 70

Community Bank Community Texas Management 70

Independent Banker

APRIL 30, 2022

3-yr average pre-tax ROA. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. 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. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA. Less than $300 million.

Community Bank 172

Community Bank Community Montana Taxes 172

Filene

APRIL 4, 2016

JOB Program microfinance lending - Kingsville Community Federal Credit Union. The JOB Program is a microfinance lending initiative to help members start their own small businesses. Non-Citizen Lending for immigrant borrowers - Point West Credit Union. The program has provided $2.1 million in loans to non-citizen borrowers.

Lending 28

Lending Community Data Washington 28

Jeff For Banks

NOVEMBER 24, 2019

billion in assets, had 87 full-time equivalent employees, and accounted for two-thirds of the town's tax revenue. Nationwide lending! Keystone expanded its lending to include high loan-to-value mortgages and home equity loans. Clearly, blue-suit regulators stood out. The bank, First National Bank of Keystone, was $1.1

National 78

National West Virginia Virginia Pennsylvania 78

Fintech Labs Insights

MAY 19, 2016

HQ: Seattle, Washington. Marketplace small business lending platform. Income tax service. HQ: Washington D.C. Tags: Consumer, lending, credit, underwriting, discovery, quotes, lead gen. Fintech deals by size from 23 April to 29 April 2016: Mosaic. Marketplace lender for residential solor projects. million Series C.

San Francisco 18

San Francisco Company Fintech California 18

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. Are Personal Loans Taxable or Tax-Deductible? Designed for borrowers with bad credit.

Texas 52

Texas Meeting Idaho Payments 52

Independent Banker

JULY 8, 2015

In the case, which involved allocation of affordable housing tax credits, the court found that the history of the act in Congress and the courts supported the disparate-impact interpretation. The bottom line is that community banks remain fully committed to fair lending and have strong compliance systems in place.

Washington 70

Washington Policies Community Community Bank 70

Independent Banker

MARCH 15, 2015

Thoughtful lending and an open mind keep profits strong for incoming ICBA chairman Jack Hartings. in Coldwater, Ohio, and ICBA’s incoming chairman, held fast to his community bank’s conservative lending practices. To combat the decline in the bank’s loan-to-deposit ratio, Hartings actively sought out new opportunities in lending.

Ohio 70

Ohio Community Bank Community Lending 70

Gonzobanker

DECEMBER 19, 2017

Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. The Real “Lending” Stock Award – Goes to longtime player LendingTree. It had another turd of a year.

Conference 101

Conference Industry Community Bank Community 101

PYMNTS

APRIL 5, 2017

As a new administration settles into Washington, D.C., being told to depart as a harbinger of pressures to come, even as corporate taxes have been, as he sees it, high enough to move businesses to seek opportunities beyond U.S. Among them, the Millennium has seen funding of wars and debt to the tune of trillions of dollars.

Taxes 115

Taxes United States Washington Policies 115

Jeff For Banks

OCTOBER 11, 2011

It will take time, but eventually, companies and banks will seek higher returns and invest and lend. This will act like a tax cut at just the time when it seems Washington DC will not provide one. Companies are sitting on $1.9 All companies lack the confidence to invest, to hire, or to move forward.

DC 67

DC Security Washington Risk Management 67

Fintech Labs Insights

OCTOBER 19, 2015

HQ: Seattle, Washington. Tags: Enterprise, underwriting, credit, lending, analytics, API, Life.SREDA (investor). Source: TechCrunch. Alt-lender to small businesses. HQ: Atlanta, Georgia. Latest round: $135 million at $1 billion valuation. Total raised: $600 million. Source: Finovate. Secure messaging for financial services.

New York City 12

New York City Company Fintech New York 12

Independent Banker

DECEMBER 28, 2015

We certainly closed out 2015 with great wins in Washington, so I want to thank so many of you who stepped up to make change happen last year. Also, several beneficial regulatory-relief provisions from ICBA’s Plan for Prosperity on exam cycles, privacy notices and mortgage lending were enacted. It happens because of ICBA.

Community Bank 70

Community Bank Washington Community Ohio 70

Independent Banker

JULY 29, 2016

Around the Table—Wisconsin community bankers work with legislative staff members on Capitol Hill during ICBA’s Washington Policy Summit. Here’s an outline of the key activities ICBA’s advocacy team in Washington, D.C., Washington Policy Summit. Fair lending ruling. By Courtney Schoenborn. In March, the U.S.

Community Bank 70

Community Bank Community Washington FDIC 70

PYMNTS

MAY 19, 2017

With the exception of waistlines and maybe taxes, 63 percent growth in anything is pretty good to see. . Banking on Baking (the other kind of baking): Banks are lending to bakers. That would, ostensibly, open up the lending spigots a bit. expected, and slightly missed the projections for the top line, at $117.5 billion. .

Bitcoin 131

Bitcoin Online Lending Washington 131

PYMNTS

NOVEMBER 10, 2019

In a series of tweets, David Heinemeier Hansson, a partner at software development firm Basecamp, claimed that he was approved for 20 times the credit limit that his wife received — even though they file joint tax returns and she actually has a better credit score. Even Washington D.C. lawmakers have taken notice, with Sen.

Apple 102

Apple Cards New York Washington 102

Fintech Labs Insights

SEPTEMBER 1, 2016

Lending marketplace for small businesses. HQ: Seattle, Washington. Self-employment tax payments. Tags: SMB, payments, tax prep, accounting. Total raised: $44.7 HQ: New York City. Source: FT Partners. Funding Societies. Latest round: $7.5 million Series A. Total raised: $7.5 HQ: Singapore. Source: FT Partners.

New York City 18

New York City Company Fintech Comparison 18

CB Insights

MAY 23, 2019

In addition, regulators claimed that as many as 80% of insurance plans sold in Washington state by Zenefits reps were sold illegally by unlicensed brokers. LendingClub was one of many online lending services founded in the mid-2000s as entrepreneurs eyed the Byzantine financial sector as an area ripe for disruption.

Fraud 78

Fraud Las Vegas Company Video 78

Fintech Labs Insights

AUGUST 14, 2015

It was another stellar week for Finovate alums with 6 fundings totaling $123 million: money transfer service Payoneer ($50 mil), AI innovator Kensho ($33 million), tax specialist VATBox ($24 million), , cash-back specialist Mogl ($7.9 VAT tax refund solution . HQ: Bellevue, Washington. HQ: London, England, UK. million Equity).

New York City 12

New York City Company Fintech New York 12

PYMNTS

JANUARY 3, 2017

Some observers noted that revenue from overdraft fees now outpaces that from pawn shops, payday lenders and tax-refund anticipation cheques put together. Consumer advocates have long noted that overdraft fees have quietly become a surging source of income for banks.

Regulation 104

Regulation North Carolina San Francisco Portland 104

PYMNTS

NOVEMBER 28, 2016

They should, however, be commended for lending money. Time to recognize the importance of lending for consumers and small businesses and for making the economy go ‘round and ‘round. This reset requires a change in mindset in Washington, D.C. A public beating on Capitol Hill is a common part of running the gauntlet.

Lending 100

Lending Regulation Cards Maine 100

PYMNTS

SEPTEMBER 18, 2018

Because the mortgage system – largely built around the qualified standards that require proof of steady, long-term employment backed by W2s and tax forms – doesn’t necessarily mesh with the professional lives of gig and self-employed workers. That’s the bad news.

Taxes 167

Taxes System Washington Regulation 167

Independent Banker

FEBRUARY 16, 2015

As veteran lawmakers, Shelby and Brown are described by Washington observers and their home-state community bankers as canny but pragmatic legislators who will, where possible, work to develop legislation that can draw strong, bipartisan majority votes in the Senate. Broaden use of five-year-loss carry-back tax provision.

Community Bank 70

Community Bank Alabama Ohio Community 70