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How Singapore Is Fueling A ‘Smart Nation’

PYMNTS

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. As of 2014, the mobile phone penetration rate in Singapore was 148 percent. Startups are estimated to employ nearly 300,000 on the island nation. With an estimated population of just 5.47

National 133
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Spotlight on lending: Commercial loan growth geographically

Abrigo

Nationally, the picture is a fine one. However, Q3 commercial lending is down from the beginning of 2014 (quarter ending 3/31/2014) by about $67 billion. The list identified a significant uptick in commercial and industrial lending in the South, as 7 of the 15 community banks included are located in the region.

Lending 188
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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.

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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. National Award Recipient. National Award Recipient. Eastern Region Award Recipient. Central Region Award Recipient. Western Region Award Recipient. Shirley Nelson. Founder, chairman and CEO of Summit Bank, Oakland, Calif. Ronald Paul.

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Credit unions continue to see growth in auto lending

Abrigo

More than three-quarters of a million were sold in 2014, continuing its reign as the top vehicle since 1981. The Toyota Camry, the first car on the 2014 list, ranked fourth overall with more than 428,000 new to the road. million over the last quarter of 2014. This figure is up more than $1 billion from the previous quarter.

Lending 150
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ICBA Community Bankers of the Year

Independent Banker

The 2014 Community Banker of the Year Recipients. Four community bankers were selected for this year’s recognition: National Award Recipient. – Eastern Region Award Recipient. – Central Region Award Recipient. . – Central Region Award Recipient. – Western Region Award Recipient.

Community 116
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CFPB issues 2014 fair lending report

CFPB Monitor

The CFPB has issued a fair lending report covering its fair lending activities during 2014. The report states that in 2014, CFPB fair lending supervisory and public enforcement actions required institutions to provide approximately $224 million in remediation. In mortgage lending, the CFPB focused on underwriting and redlining. .”

Lending 60