American Banker

OCTOBER 18, 2023

The Tennessee bank said a $72 million charge-off tied to a borrower in bankruptcy shaved 10 cents per share off its earnings. Management downplayed the issue, calling it "idiosyncratic," and emphasized that it was growing its loan portfolio.

Tennessee 81

Tennessee Management Lending 81

American Banker

JANUARY 22, 2020

Franklin Financial agreed to be sold less than a year after issues surfaced in its portfolio of shared national credits.

Tennessee 61

Tennessee Lending Marketing National 61

CFPB Monitor

OCTOBER 26, 2021

The Biden Administration’s prioritization of fair lending as a law enforcement focus took center stage last week with the announcement that the U.S. Attorneys’ Offices “as force multipliers to ensure that fair lending enforcement is informed by local expertise on housing markets and the credit needs of local communities of color.”.

Mississippi 78

Mississippi Memphis National Tennessee 78

Abrigo

JULY 11, 2017

In December of 2016, the Consumer Financial Protection Bureau’s associate directors of the Office of Fair Lending expressed a new shift in priorities that will increase focus on small business lending, among other loan types.

Regulation 150

Regulation Memphis Tennessee Lending 150

Abrigo

APRIL 18, 2020

“We were able to provide funding for 95% of those customers that completed the application process and were approved internally,” said Andy Hunter, President of SaviBank in Burlington, Washington, another customer of Abrigo’s Sageworks SBA Lending solution. “We Lending & Credit Risk. SBA Lending. Lending & Credit Risk.

Lending 195

Lending Wyoming Maine Nebraska 195

American Banker

OCTOBER 18, 2016

First Tennessee Bank in Memphis has recruited a quartet of executives for its expanding specialty banking lines that serve the franchising, healthcare, music, and transportation industries.

Tennessee 28

Tennessee Memphis Industry Regional 28

American Banker

JANUARY 22, 2020

Terry Turner at Pinnacle Financial says big banks in the city, including Truist Financial and Wells Fargo, are "vulnerable" to new competitors.

Tennessee 50

Tennessee Atlanta Georgia Community Bank 50

PYMNTS

NOVEMBER 20, 2017

According to CNBC, the state of Tennessee is one of the more aggressive states when it comes to taking away professional licenses because of unpaid student loans. From 2012 to 2017, officials reported greater than 5,400 individuals to professional license agencies because of unpaid debt.

South Dakota 129

South Dakota Tennessee New York Taxes 129

PYMNTS

JUNE 24, 2016

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. Online lending .

Lending 101

Lending Online South Dakota North Dakota 101

PYMNTS

OCTOBER 29, 2020

Small business lending platform BlueVine is the latest FinTech to take this path, having taken the wraps off of its banking solution this week with the launch of BlueVine Business Banking. Tennessee's First Horizon Bank revealed a new partnership with NCR to adopt the latter's D3 digital banking platform, the firms recently revealed.

US 203

US Fintech Tennessee Compliance 203

Abrigo

JANUARY 15, 2015

In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending. • Nashville, Tennessee – Pinnacle Bank ($432 million). Another home lending specialist, about 61 percent of the bank’s total assets ($1.56

Cleveland 150

Cleveland Detroit Michigan Community Bank 150

American Banker

JULY 15, 2020

Bankers Healthcare Group, which is minority owned by the Tennessee company, is moving beyond its primary strategy of selling health care originations to community banks and will start marketing pools of loans to investors.

Tennessee 45

Tennessee Community Bank Community Strategy 45

CB Insights

NOVEMBER 6, 2019

Collectively, these startups have raised over $9.5B, with leading companies including lending startup Avant (Illinois, $655M in total disclosed equity funding), next-gen auto insurer Root Insurance (Ohio, $509M), restaurant finances management system Toast (Massachusetts, $503M), and small business lending startup Kabbage (Georgia, $490M).

United States 72

United States Fintech North Carolina Rhode Island 72

CB Insights

MARCH 13, 2019

valuation), Nuro ($2.7B), alternative lending startup Avant ($1.9B), AI-powered predictive sales acceleration platform InsideSales.com ($1.7B), salestech startup Afiniti ($1.6B), healthcare startup Butterfly Network ($1.3B), and data analytics company Dataminr ($1.2B). iRecommend Software. Pennsylvania. Rhode Island. South Carolina.

United States 78

United States Rhode Island Massachusetts Connecticut 78

Independent Banker

OCTOBER 31, 2021

Curt Allison, The Fountain Trust Company’s chief lending officer, says his bank’s software program has been collecting data since Dec. Plus, we spent the last year doing massive amounts of PPP [lending] and trying to wade through pandemic remote working. Stephanie Vozza is a writer in Tennessee.

Community Bank 91

Community Bank Community Software New York City 91

CB Insights

OCTOBER 26, 2017

California-based lending unicorn SoFi is the most well funded fintech company with just over $2B raised since 2011. Unicorns on the map include SoFi in California, Oscar in New York, Avant in Illinois, Kabbage in Georgia, and AvidXchange in North Carolina. Click on the image below to enlarge. The company was last valued at $4.5B Pennsylvania.

United States 78

United States Fintech North Carolina Rhode Island 78

Independent Banker

APRIL 30, 2022

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. First Community Bank of Tennessee. Central Bank of Kansas City. Kansas City. Peoples Bank. Mendenhall. Shelbyville. Quontic Bank. FSNB, National Association.

Community Bank 172

Community Bank Community Montana Taxes 172

PYMNTS

OCTOBER 19, 2017

One such credit union is the Knoxville Teachers Federal Credit Union (KTFCU) of Knoxville, Tennessee, which exclusively serves members working in local education. For this reason, some CUs have chosen to embrace the industry’s “mom and pop” image as a badge of honor instead of trying to change it.

Innovation 108

Innovation Tennessee Resources Regulation 108

CFPB Monitor

SEPTEMBER 27, 2016

The consent order involves 30-day credit transactions made by TMX Finance under the brands TitleMax and TitleBucks at storefronts in Alabama, Georgia and Tennessee. The consent order requires TMX Finance to pay a $9 million civil money penalty.

Alabama 60

Alabama Tennessee Arizona Georgia 60

PYMNTS

FEBRUARY 15, 2018

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. As was widely reported this past week, seven of them are trying to do so.

Washington 101

Washington Regulation Conference Fintech 101

PYMNTS

JUNE 30, 2016

The latest June count for where Walmart Pay is available is: Virginia, North Carolina, South Carolina, Nebraska, North Dakota, South Dakota, Iowa, Tennessee, Kentucky, Michigan, Indiana, Alabama, Georgia, Louisiana, Missouri, Mississippi and Washington, Missouri, Texas, Arkansas, and Washington, D.C. PayPal’s Consumer Support. .

Mobile 104

Mobile Samsung Apple Missouri 104

MyBankTracker

MAY 23, 2020

APRs are lower than predatory lending options. If you’re considering applying for a personal loan, this review will cover everything you need to know about Opploans. Designed for borrowers with bad or no credit. On-time payments can help build credit. APR is still extremely high compared to typical personal loans. Borrowing Amounts.

Rhode Island 52

Rhode Island Nebraska Alabama South Dakota 52

Independent Banker

NOVEMBER 24, 2014

She grew up in a small town in Eastern Tennessee. What is important to understand is that her reach in the community as a community banker has gone well beyond the service of providing deposits and lending products, adds Hotchkiss. Nelson clearly has a passion for community banking, an industry she landed in by chance. “I

Oakland 98

Oakland Community Bank Community Industry 98

Fintech Labs Insights

MAY 4, 2015

First Tennessee Bank. Lending Club. Federal Reserve San Francisco. Filene Research Institute. Financial Products Research. First Annapolis. First National Bank. First Republic Bank. Forrester Research. Foundation Capital. Fujitsu Research Institute. Gartner Research. General Atlantic. Golden 1 CU. Goldman Sachs. H&R Block.

San Jose 12

San Jose San Francisco Capital America 12

PYMNTS

SEPTEMBER 9, 2019

8), the AGs focused on Facebook include Colorado, Florida, Nebraska, North Carolina, Tennessee, Florida, Iowa and the District of Columbia. Take the tech sector: You have seen a lot of innovation, but you also have platforms with network effects that lend themselves to scale.”. At this writing (Sunday, Sept. The Hearing.

Rhode Island 189

Rhode Island District of Columbia Google North Carolina 189

PYMNTS

APRIL 23, 2018

In 1916, Clarence Sanders opened the first self-service grocery store in Tennessee. All of these same forces are disrupting banking and lending. Banks have been lending for 150 years, yet it took Quicken Loans only 32 to capture the mortgage lending market.

Retail 117

Retail Maine Lending Software 117

Fintech Labs Insights

AUGUST 1, 2016

Alt-lending to small businesses. HQ: Nashville, Tennessee. Marketplace lending analytics. Tags: Consumer, lending, peer-to-peer, credit, underwriting, investing. Total raised: $42 million. HQ: Ahmedabad, India. Source: Crunchbase. West Creek Financial. Consumer purchase financing. Latest round: $28.5 million ($3.5

Company 12

Company Fintech New York City Lending 12

Fintech Labs Insights

MAY 21, 2015

It was a broad mix of sub-sectors, from crypto (Ripple) to lending. Tools and programs for alt-lending to businesses. HQ: Nashville, Tennessee. Bitcoin-denominated P2P lending. Tags: P2p, peer-to-peer lending, underwriting, Bitcoin, Finovate alum. Actiance $28 million. PayItSimple $10 million (line of credit).

San Francisco 12

San Francisco New York City Company California 12

Fintech Labs Insights

MARCH 8, 2016

HQ: Franklin, Tennessee. Tags: Consumers, SMB, dental practice, financing, lending, loans, underwriting. Total raised: $8.7 HQ: Milano, Italy. Source: Crunchbase. Platform for investing in single-family rental properties. Latest round: $7 million. Total raised: $13.25 HQ: Oakland, California. Source: Crunchbase. Latest round: $2.93

Company 12

Company Fintech San Francisco New York City 12

CB Insights

OCTOBER 10, 2017

Tennessee — #8 in Credit Karma searches. We talk about this sometimes — what about payday lending, what about some of these other lending instruments where the typical consumer would say, well that’s bad,” founder Kenneth Lin told Fast Company, “But what if you have really poor credit? Nevada — #10 in Credit Karma searches.

Tools 78

Tools Millennials US Maine 78