Jeff For Banks

AUGUST 3, 2020

It's what we did in 2008-10. Capital aplenty. Unlike 2008, banks were not the bane of our problems. In 2008, we were in the eye of the storm. But many banks were, including the nation's largest. And our collective capital position is much stronger than 2008. And we were successful. Record earnings.

Community Bank 88

Community Bank Community Capital Analytics 88

Abrigo

JULY 20, 2024

Takeaway 3 To fully capitalize on the forthcoming C&I wave, institutions need the right products, systems, people, and technology. 2004-2008: 82.6% The emphasis for commercial credit risk management and evaluation is cash flow, fixed charges coverage, and working capital cycles. C&I lending will be the next “bomb.”

Lending 195

Lending Risk Management Management Capital 195

PYMNTS

MARCH 10, 2020

Traditional banks will require credit histories and collateral to underwrite a small business loan, both of which many SMBs in Southeast Asian nations lack. It’s a self-perpetuating scenario that keeps barriers to capital in place.

Data 193

Data Lending Capital social media 193

PYMNTS

JULY 7, 2020

That change in consumer behavior had a lot to do with the market crash of 2008 and differing ideas about financial security, especially between ascendant millennials and cohorts with less collective spending clout. It’s even affecting the titans of capitalism. Those are critical.

Cards 135

Cards Millennials Conference America 135

BankUnderground

SEPTEMBER 10, 2024

Trade and capital link all the economies of the world. The good news for us is that the UK’s private sector external vulnerabilities have shrunk materially since the global financial crisis (GFC) of 2008, although the public sector’s vulnerabilities have grown. Chart 1: Cross country external balance sheet sizes Note: Annual data.

Policies 71

Policies Examples US National 71

Abrigo

DECEMBER 14, 2014

Many would point to imprudent lending standards as a leading cause of the financial crisis of 2008, and in turn, financial institution regulators have since bolstered lending standards and capital thresholds as a preventive measure against a similar crisis.

Guidelines 223

Guidelines Payments Lending Capital 223

PYMNTS

SEPTEMBER 24, 2020

The reality is, anyone can give out capital," Shah continued. "It There is growing talk, too, of FIs pulling back from small business loans as they did in the wake of the 2008 financial crisis. It takes something truly special to be a partner with a small business, and that's something community banks have the ability to do.".

Community 193

Community Community Bank Regional Lending 193

Independent Banker

JUNE 30, 2022

American Bank, National Association. Classic Bank, National Association. The First National Bank In Sioux Falls. Dakota Community Bank & Trust, National Association. The Miners National Bank of Eveleth. The National Iron Bank. The First National Bank of Gilbert. First Capital Bank.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

JULY 7, 2020

and other nations around the world as a result of the global pandemic continues to draw comparisons to the 2008 financial crisis — so it’s only natural that analysts may turn to the past in an effort to predict what could lie ahead. The level of market volatility hitting the U.S. ” A Banking Pullback?

Lending 171

Lending Industry Fintech UX 171

PYMNTS

JULY 15, 2019

Analysts note that today, the percentage of professionals working in the agricultural sector remains so low that including them in national jobs calculations would not have a statistically relevant effect on overall analysis. “As billion: the value of JPMorgan’s farm loan portfolio in 2015 , a 76 percent increase from 2008.

FDIC 142

FDIC Analysis Lending Data 142

PYMNTS

AUGUST 8, 2017

-educated entrepreneurs met while working abroad at Renaissance Capital and Deutsche Bank. As the financial crisis unfolded in 2008, they met to discuss what they saw as the rise of FinTech and the increasing availability of financial software and data. Observing the rise of disruptive companies in Europe and the U.S.,

Lending 105

Lending Capital Fintech Marketing 105

PYMNTS

FEBRUARY 3, 2019

According to the report, ANZ Bank , Westpac , Commonwealth Bank of Australia and National Australia Bank have 75 percent market share in Australia and are able to access lower funding costs than their smaller rivals. That has created an unbalanced market in terms of competition in the country.

Regulation 101

Regulation Fintech Study Industry 101

Abrigo

MARCH 6, 2015

March comes in like a lion for the nation’s largest banks. Thursday also served as a preview for their shareholders of what’s to come next Wednesday, when the Fed announces whether it has approved of each bank’s plans to return some of the reserved capital to shareholders, following the positive results.

Risk Management 150

Risk Management Capital Community Bank Regulation 150

PYMNTS

NOVEMBER 5, 2018

Roughly a decade on, is it time to remove some of the rules governing the financial sector that took shape in the aftermath of the Financial Crisis of 2008? The banks that are affected have $100 billion to $700 billion in assets, a tier that includes companies such as Capital One and U.S. PSD2 News, Too.

Regulation 128

Regulation Guidelines New York Groups 128

Abrigo

AUGUST 5, 2020

Key Takeaways This recession is significantly different than the 2008 financial crisis, creating a unique credit environment for financial institutions. is officially in a recession, according to the National Bureau of Economic Research. The national effects remain opaque and will continue to change – do not get complacent.

Management 195

Management Risk Management Trends Industry 195

PYMNTS

JUNE 2, 2020

While the AAFA is taking its concerns to the government, the National Retail Federation (NRF) has expressed cautious optimism. The program will be led by Ron Bloom, managing partner and vice chairman of Brookfield’s Private Equity Group, who was one of the forces behind the automobile industry bailout during the 2008 financial crisis.

Retail 131

Retail Groups Washington Survey 131

BankBazaar

JANUARY 31, 2021

The National Sample Survey Office conducted a survey between 2017 and 2018, sampling 113,823 urban and rural households. National Asset Monetising Pipeline launched to monitor asset monetisation process. National Rail Plan created to bring a future-ready Railway system by 2030. Strengthening of Urban Swachh Bharat Mission.

Metro 122

Metro Taxes National Survey 122

PYMNTS

OCTOBER 5, 2016

Labor saving devices and minimum wage hikes from 2000 to 2008 did not result in a significant drop in the food service sector, according to DePaul University and the Federal Reserve Bank of Chicago. percent annually through 2024, in line with the national average, according to the Bureau of Labor Statistics.

Chicago 161

Chicago National Industry Operations 161

PYMNTS

MAY 18, 2017

Appear Here’s Series B round was led by Octopus Ventures and saw participation from Simon Venture group as well as existing investors Balderton, MMC, Meyer Bergman and Playfair Capital. All told, the company has raised $21.4 million to date in three rounds of funding according to Crunchbase.

New York City 100

New York City New York Retail Online 100

PYMNTS

APRIL 10, 2020

Unlike 2008, when lenders were largely blamed for that meltdown, this time, McCarthy noted, “…The [local and national] banks are participating … the ones that are connected to the central banks,” through which aid monies will flow. When you think about the capital, it’s coming from … governments,” McCarthy told PYMNTS.

Trends 140

Trends Fintech Cards Examples 140

PYMNTS

JANUARY 29, 2018

The global financial crisis in 2008 was, in many ways, a catalyst to this innovation, especially in the area of small business (SMB) finance, as banks pulled their services away from SMBs and FinTechs stepped in to offer another option. Now, a decade on, small business optimism is up in the U.S., Credit unions cannot invest more than 12.25

Lending 116

Lending Florida Report Community Bank 116

Independent Banker

FEBRUARY 28, 2023

So, he joined a training program at what was then Citizens & Southern National Bank, once the largest bank in the southeastern U.S., I got a job with First National Bank of Griffin, and I’ve been a community banker ever since.” During that time, he took the community bank through the Great Recession of 2008–09.

Community 172

Community Community Bank Georgia San Antonio 172

PYMNTS

FEBRUARY 13, 2017

Things went off the rails, not surprisingly, in 2008 — courtesy of the financial crisis. More businesses opened than closed — until 2008. In the aftermath of 2008, only 20 counties — most of them rimming major cities and tech hubs — drove 50 percent of small business formation. The mix of these businesses is also very different.

Retail 134

Retail Innovation Maine Online 134

Independent Banker

JANUARY 31, 2022

“There’s really not a lot we can’t do,” says Travis Edlund, senior vice president and regional manager of the San Antonio market for Amarillo National Bank. Amarillo National Bank (ANB) in Amarillo, Texas, plans to open its first full-service retail branch in the home of the Alamo this year, but the $7.6-billion

Texas 182

Texas San Antonio Community Bank Community 182

CFPB Monitor

MARCH 30, 2020

This section further extends to the National Credit Union Administration (NCUA) the authority to increase to unlimited the share insurance coverage it provides on any noninterest-bearing transaction accounts to federally insured credit unions. Section 4010 – Temporary Hiring Flexibility. Section 4011 – Temporary Lending Limit Waiver.

Regulation 122

Regulation United States Community Bank National 122

PYMNTS

JUNE 18, 2018

Thirty-four years have passed since SMB optimism was this high , according to the National Federation of Independent Business (NFIB). SMBs since the 2008 financial recession. Its latest index for May 2018 found that small business optimism was the highest it’s been since July 1983, and the second-highest in 45 years.

Lending 112

Lending Community Bank Regional Community 112

Lex Sokolin

JANUARY 14, 2021

But regardless of all that, $1 trillion of value has indeed materialized and grown on blockchain-based financial networks since 2008. If you are a financial advisor or a trust company, you have missed out on $1 trillion in capital appreciation for your customers. And that the capital appreciation that matters?—?cementing

America 52

America Wyoming National Capital 52

Lex Sokolin

JANUARY 14, 2021

But regardless of all that, $1 trillion of value has indeed materialized and grown on blockchain-based financial networks since 2008. If you are a financial advisor or a trust company, you have missed out on $1 trillion in capital appreciation for your customers. And that the capital appreciation that matters?—?cementing

America 52

America Wyoming National Capital 52

BankUnderground

APRIL 3, 2024

The increase in debt levels saw the aggregate household debt to income ratio (excluding student loans) increase between 2004 to 2008. Chart 1: Household net lending from the financial account (a) Sources: Office for National Statistics (ONS) and staff calculations. (a)

Lending 102

Lending Analysis Trends Data 102

PYMNTS

JULY 18, 2016

In a way, and to a certain sector of consumers, the answer is yes, and it’s largely due to the way the Great Recession of 2008 changed our economy and spending habits. Are the days of paying extra for “luxury” items or high-end branded items over? A survey of 2,000 U.S. billion in U.S. sales in 2015, which was a $2.2

Branding 100

Branding Retail Study Portland 100

PYMNTS

FEBRUARY 16, 2018

Since it was real estate that had tanked the economy, the market more or less froze solid for all but the well-capitalized. And no real estate market — not to mention the wave of foreclosures that culled the national homeownership rolls — was like a stake through the heart of Home Depot’s sales.

Retail 101

Retail Training Atlanta Marketing 101

Jeff For Banks

DECEMBER 12, 2017

Total return includes two components: capital appreciation and dividends. The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. How did they lose it? Its size today, at $2.8

Minnesota 60

Minnesota West Virginia Virginia Iowa 60

Jeff For Banks

DECEMBER 18, 2014

capital appreciation and dividends. The lion''s share of their growth, profitability, and capital have come since their re-branding to Open Bank in 2010. through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 14 locations.

North Dakota 87

North Dakota Arizona Minnesota Los Angeles 87

NCR

FEBRUARY 28, 2018

More than 20 nations already have access to this technology , and some of these have enjoyed it for some time – the UK’s Faster Payments system was launched back in 2008, for example. However, the US has fallen behind, in part due to the lack of a centralized regulatory environment to lead efforts.

US 74

US Payments System Technology 74

Jeff For Banks

JULY 5, 2022

They are/were the business owners, demanders of capital and loans, and significant depositors. It's no secret that since the Great Recession of 2008 branches have been in retreat. Communities are beginning, ever so slowly, to recognize that the local bank is more important to the success of the community than the national bank.

Millennials 78

Millennials Community Pennsylvania Meeting 78

Jeff For Banks

DECEMBER 19, 2015

Total return includes two components: capital appreciation and dividends. Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. Between 2008-11, the bank lost over $200 million, and its equity base was cut in half. It's size today, at $2.4 OTCQX: BNCC) BNCCORP, Inc.,

North Dakota 60

North Dakota Arizona Michigan Florida 60

Jeff For Banks

DECEMBER 12, 2016

Total return includes two components: capital appreciation and dividends. Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. It is a turnaround story because the bank was hammered with credit problems between 2008-11, when it lost over $200 million.

North Dakota 60

North Dakota Minnesota West Virginia Arizona 60