Jeff For Banks

AUGUST 12, 2018

annually since 2009, while the record expansion of the 1990s saw growth of 3.6%. One of the causes of low growth since 2009 is uncovered! Low productivity continues, just as it has since this recovery began in 2009, averaging only 1.3% Another of the causes of low growth since 2009 is unveiled! The economy has grown 2.2%

Marketing 60

Marketing Philadelphia Omaha US 60

Independent Banker

MARCH 15, 2015

It was a prescient move for Hartings and the $450 million-asset community bank, which comfortably weathered the downturn even though residential mortgages are its biggest business line—but not everyone appreciated Hartings’ common-sense approach at the time. “I Fortunately, most did listen. Jack got us through that just fine.

Ohio 70

Ohio Community Bank Community Lending 70

Jeff For Banks

DECEMBER 12, 2017

The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. Their non-performing loans (NPL)/total loans ratio peaked at 12.54% in 2010, and between 2009-12, the Bank charged off over 11% of its loan portfolio. is the holding company for Parke Bank, a $1.1 How did they lose it?

Minnesota 60

Minnesota West Virginia Virginia Iowa 60

Jeff For Banks

MAY 20, 2017

The Great Recession lasted from the fourth quarter 2007 through the second quarter 2009, according to the National Bureau of Economic Research. We perform this service for dozens of community banks. Indeed, even today, CRE is the most profitable community banking product. The below two charts tell a story.

Lending 60

Lending Regulation Community Community Bank 60

Jeff For Banks

DECEMBER 19, 2015

A summary of the banks, their stories, and links to their website are below. #1. Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. The bank was hammered with credit problems during the financial crisis, as Michigan's economy was hit pretty hard.

North Dakota 60

North Dakota Arizona Michigan Florida 60

Jeff For Banks

NOVEMBER 3, 2023

Unsurprisingly, the largest declines occurred starting monthly in March, 2006 and on a y-o-y basis in September, 2006 and continued to November, 2009. The largest monthly decline took place in May, 2009 at -27.2% Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

Marketing 65

Marketing Community Bank Policies Community 65

Fintech Labs Insights

JULY 16, 2015

Pictured (left to right): Malauzai Software co-founders, Danny Piangerelli (CTO) and Robb Gaynor (CPO), are joined by a handful of their partners in demonstrating Malauzai’s Virtual Banking Experience at FinovateSpring 2015 in San Jose. Malauzai specializes in developing innovative banking apps for community banks and credit unions.

San Jose 12

San Jose Austin Iowa Software 12

Fintech Labs Insights

AUGUST 22, 2024

UBank (by National Australia Bank): Continued innovation in digital banking services. Spring 2011 (San Francisco): BancVue (now Kasasa): Rebranded as Kasasa, expanded community banking services with innovative banking products. Prosper: Pioneered peer-to-peer lending in the U.S.,

San Francisco 15

San Francisco New York San Jose Tools 15

Independent Banker

OCTOBER 29, 2014

Early Air Force service prepared the way for community banking in California. After some protesting on my part, explaining repeatedly that I knew absolutely nothing about banking, Mom used the classic mothering tactic of reminding me, “You know son, ‘Nothing ventured, nothing gained.’ ”. By Stephen M.

Community Bank 79

Community Bank Training Community Montana 79

Gonzobanker

DECEMBER 20, 2019

Chris Myers, President & CEO, Citizens Business Bank – During a tumultuous time for West Coast banks, Myers kept his sights on being a top commercial relationship bank. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion.

Idaho 148

Idaho Conference Data Marketing 148

PYMNTS

JULY 31, 2018

Loosening federal regulations, enacting national data breach protections and drafting “model laws” at the state level to reduce overlapping red tape, could help promote FinTech in the United States, according to report released Tuesday (July 31) by the U.S. Treasury Department. The report arrives at a time of growing optimism for U.S.

Fintech 194

Fintech Security US United States 194

Jeff For Banks

NOVEMBER 16, 2020

Moody’s estimates that there is $70 billion in back rent across the nation. By the way, our economy has done better than all other nations; for example, Europe is 4.3% The national unemployment rate peaked at 14.7% The housing market is robust across the nation. Think for a minute about how huge that number is.

Marketing 60

Marketing National New York City Taxes 60

Gonzobanker

DECEMBER 20, 2018

GonzoBanker of the Year – Large Banks. Although all banks faced stock headwinds in 2018, we give the nod to William Demchak at PNC Financial Services. PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas.

Fintech 104

Fintech Conference Innovation Community 104

Jeff For Banks

APRIL 14, 2022

2019 Mehrsa Baradaran Baradaran, Mehrsa The Color of Money: Black Banks and the Racial Wealth Gap 2019 Neil Barofsky Barofsky, Neil Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street 2012 Patricia Beard Beard, Patricia Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley 2007 Ben S.

America 60

America National Denver United States 60

Abrigo

JULY 23, 2021

It is a concept that we have all heard of, however, the concept remains somewhat of a mystery in the community bank world. The North Korean government has been also found to have used chemical weapons against its own nationals. financial institutions, to entities and bank accounts he controlled in China.

National 195

National Training United States System 195