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Small bank's asset sale is opportunity zone's gain

American Banker

To avoid taxes on the divestiture of a commercial lending unit, Woodforest National Bank backed an Alabama redevelopment project through a government program that promotes investment in underserved communities.

Alabama 62
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How Financial Institutions Focus on Customers Is Key

Abrigo

The community bank model is built around customer service, but for many bank and credit union customers, the definition of “good service” has been changing over the last couple of decades. Stay Up-to-Date On Lending Best Practices. To learn more about the other lending and credit risk topics during the conference, see the agenda.

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Bank-FinTech Collaboration Tackles SMB Finance Friction

PYMNTS

This week's look at the most recent initiatives in partnerships and open banking reveals a focus on SMB lending and finance, while Banking-as-a-Service (BaaS) also gains traction to allow non-banks to offer their own banking services to corporate customers. HSBC is adopting Biz2Credit 's Bix2X Platform to streamline its SMB lending processes.

Fintech 247
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Chase Plans Expansion In Top US Markets In 2019

PYMNTS

The bank said about 30 percent of the branches will be in low or moderately low income communities. Chase said it will also open branches in locations close to major universities in Auburn, Alabama and Lincoln, Nebraska. The new locations will include Charlotte, North Carolina; St. To us, this is so much more than building branches.

St. Louis 145
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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Ag lending in the South: Relationships matter.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

Last week , Walmart Pay rolled out in Alabama and Georgia. Online lending . The Ethereum community is, surprisingly, split on whether the exploit should be fixed. So, providing retailers with a new storefront in an ecosystem of 1.5 billion people a month who visit it. Slam dunk sizzle. Walmart Pay. A pretty clear-cut sizzle.

Lending 101
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OnDeck Channels Accountants For SME Funding

PYMNTS

While the tool initially launched in March , reports said OnDeck expanded this aspect of its operations this month across Kentucky, Florida and Alabama. “Our hopes are to educate and be a resource and trusted partner to them, and help their clients find financing options for them when financing is something they need.”

Kentucky 101