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Community banks’ net income, loan balances increase in 2014

Abrigo

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. The positive trends from the third quarter of 2014 continued for the industry sub-set. percent of community banks were unprofitable during the quarter. Loan balances continue to increase.

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Community banks’ net income, loan balances increase in 2014

Abrigo

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. The positive trends from the third quarter of 2014 continued for the industry sub-set. percent of community banks were unprofitable during the quarter. Loan balances continue to increase.

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Mastercard General Counsel Tapped To Chair National Urban League

PYMNTS

The world of payments has provided a new leader to the National Urban League. Murphy was elected to the post during the National Urban League’s Board of Trustees quarterly meeting in New York City. “He I’m honored to be a part of that mission,” Murphy said as part of the National Urban League’s announcement.

National 122
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Nonprofit Supports Community Entrepreneurs Amid Pandemic

PYMNTS

Quite the contrary,” says Bob Brennan, chairman of the National Expansion Council and one of the directors of a nonprofit organization called Entrepreneurship for All (EforAll) based in Boston, Massachusetts. “I But what about the entrepreneurs who are still hanging onto their dreams of starting a retail business? And what is that model?

Community 148
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2014 ICBA Community Banker of the Year Awards Video

Independent Banker

The 2014 ICBA Community Banker of the Year Awards are sponsored by D+H. Community bankers rarely work alone but instead are members of dynamic teams of entrepreneurs and visionaries. National Award Recipient. National Award Recipient. Shirley Nelson. Founder, chairman and CEO of Summit Bank, Oakland, Calif.

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Estonia Shelves Plans For National Cryptocurrency

PYMNTS

Estonia has shelved plans to develop its own national cryptocurrency after the idea prompted criticism by banking authorities and Mario Draghi, the Italian economist and president of the European Central Bank. The e-residency program was launched in 2014. Other options aren’t on the table.

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Community banks most likely to approve small business loans

Abrigo

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia.