South State Correspondent

MAY 23, 2023

Lending is getting riskier. As can be seen, the consumer is starting to feel the credit shock first while commercial lending is still performing. Minnesota, North Dakota, and Iowa were the least risky states to lend into. Banks are more leveraged than the average hedge fund, and lending decisions have outsized consequences.

Trends 195

Trends Minnesota North Dakota Arizona 195

PYMNTS

AUGUST 18, 2016

Tactics like those used against a loan officer at BancorpSouth Bank’s Madison branch in Alabama. Not steep enough to deter all bad actors, it seems – as the CFPB has recently spent time using some unusual tactics to expose redlining where it still exists.

Lending 100

Lending Alabama Security Marketing 100

PYMNTS

JUNE 24, 2016

Last week , Walmart Pay rolled out in Alabama and Georgia. Online lending . Suddenly the surge looks less based on fundamentals than fortuitous timing, which does not in fact lend itself to follow on IPOs from other companies, because the stars may not align like this for them. billion people a month who visit it. Walmart Pay.

Online 101

Online Lending South Dakota North Dakota 101

American Banker

FEBRUARY 4, 2021

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

Alabama Taxes Lending Community 62

PYMNTS

NOVEMBER 4, 2019

Online lending marketplace Prosper has teamed up with BBVA USA to offer a new way for consumers to apply for a home equity line of credit (HELOC), which involves significantly less paperwork and waiting than traditional means, according to a release.

Alabama 100

Alabama New Mexico Arizona Colorado 100

PYMNTS

NOVEMBER 4, 2019

Online lending marketplace Prosper has teamed up with BBVA USA to offer a new way for consumers to apply for a home equity line of credit (HELOC), which involves significantly less paperwork and waiting than traditional means, according to a release.

Alabama 100

Alabama New Mexico Arizona Colorado 100

Independent Banker

JUNE 30, 2022

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

JUNE 27, 2016

While the tool initially launched in March , reports said OnDeck expanded this aspect of its operations this month across Kentucky, Florida and Alabama. Reports Thursday (June 23) said OnDeck has launched its Accountant Advisor Program , a service that helps professionals accountants arrange financing for their SME clients.

Kentucky 101

Kentucky Alabama Florida Tools 101

American Banker

APRIL 19, 2024

The Alabama regional lender says it expects expenses to taper off this year and anticipates challenged loans will gradually rise to historically average levels.

Regional 53

Regional Alabama Fraud Lending 53

American Banker

JANUARY 17, 2025

The Alabama-based regional bank reported stronger earnings on a bump in capital markets fee revenue and lower expenses, but its total loans declined and its charge-offs increased. It expects only modest loan growth this year.

Regional 48

Regional Alabama Capital Marketing 48

Jeff For Banks

NOVEMBER 14, 2010

But if you bother to look at a map of the state, you will find Indiana in the James Carville description of Pennsylvania: "you have Philadelphia and Pittsburgh and Alabama in between". Indiana is in the Alabama in between. Think Punxsutawney Phil. Both banks have been experiencing loan problems.

Indiana 65

Indiana Pennsylvania Alabama Philadelphia 65

CFPB Monitor

JANUARY 5, 2016

The eight states were Alabama, Illinois, Kentucky, Minnesota, Montana, New Jersey, New Mexico and Ohio. In April 2014, the CFPB amended its complaint to add eight more states with similar laws that purportedly made the loans the defendants sought to collect void in whole or in part.

CA 60

CA North Carolina Company Massachusetts 60

CB Insights

NOVEMBER 6, 2019

Collectively, these startups have raised over $9.5B, with leading companies including lending startup Avant (Illinois, $655M in total disclosed equity funding), next-gen auto insurer Root Insurance (Ohio, $509M), restaurant finances management system Toast (Massachusetts, $503M), and small business lending startup Kabbage (Georgia, $490M).

United States 72

United States Fintech North Carolina Rhode Island 72

CFPB Monitor

JULY 1, 2016

In addition, in March 2016, the CFPB began taking complaints about marketplace lending and added loans obtained from marketplace lenders to the consumer loan category. The report does not specifically identify any complaints as involving marketplace lending.

Arkansas 60

Arkansas Report Metro Lending 60

PYMNTS

JUNE 30, 2016

The latest June count for where Walmart Pay is available is: Virginia, North Carolina, South Carolina, Nebraska, North Dakota, South Dakota, Iowa, Tennessee, Kentucky, Michigan, Indiana, Alabama, Georgia, Louisiana, Missouri, Mississippi and Washington, Missouri, Texas, Arkansas, and Washington, D.C. PayPal’s Consumer Support.

Mobile 104

Mobile Samsung Apple Missouri 104

CFPB Monitor

SEPTEMBER 27, 2016

The consent order involves 30-day credit transactions made by TMX Finance under the brands TitleMax and TitleBucks at storefronts in Alabama, Georgia and Tennessee. The consent order requires TMX Finance to pay a $9 million civil money penalty.

Alabama 60

Alabama Tennessee Arizona Georgia 60

Jeff For Banks

DECEMBER 29, 2021

The bank was founded in 2006 and operates 19 full-service branch locations in multi-ethnic communities in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. and equipment lending and asset based lending through Triumph Commercial Finance. (Nasdaq: MCBS) MetroCity Bankshares, Inc.,

Capital 78

Capital Texas Metro North Carolina 78

MyBankTracker

MAY 23, 2020

APRs are lower than predatory lending options. If you’re considering applying for a personal loan, this review will cover everything you need to know about Opploans. Designed for borrowers with bad or no credit. On-time payments can help build credit. APR is still extremely high compared to typical personal loans. Borrowing Amounts.

Rhode Island 52

Rhode Island Nebraska Alabama South Dakota 52

MyBankTracker

MAY 22, 2020

APRs are lower than predatory lending options. While the loans are very expensive, they offer a middle ground between traditional loans and potentially predatory payday lending. Unlike Oportun, traditional lenders usually look at your credit score when making a lending decision. Find the Best Savings Accounts in Alabama.

Idaho 52

Idaho Lending Nevada Alabama 52

MyBankTracker

JUNE 6, 2020

APRs are lower than predatory lending options. To apply for a NetCredit personal loan, you must meet the following requirements: Be 18 or older (19 in Alabama and Delaware, 21 in Mississippi) Have a checking account Have a verifiable source of income NetCredit offers loans to residents of 37 states and Washington D.C.

South Dakota 52

South Dakota Mississippi Lending Delaware 52

Filene

JULY 19, 2016

Local Host: Alabama Credit Union. QCash - An omni-channel lending solution that offers relationship based underwriting (without credit check) to members in search for small, short-term unsecured loans. 10:00 a.m. - Filene Host: Jimese Harkley. Click the arrow below to REGISTER for this event: WHAT IS AN IMPACT ROADSHOW?

social media 28

social media Alabama Innovation Digital Strategies 28

CB Insights

OCTOBER 10, 2017

Alabama — #2 in Credit Karma searches. We talk about this sometimes — what about payday lending, what about some of these other lending instruments where the typical consumer would say, well that’s bad,” founder Kenneth Lin told Fast Company, “But what if you have really poor credit? Louisiana — #6 in Credit Karma searches.

Tools 78

Tools Millennials US Mobile 78

Fintech Labs Insights

JANUARY 22, 2016

Platform for employers to lend to employees. HQ: Birmingham, Alabama. Tags: Consumer, credit, lending, underwriting, mobile, Finovate alum. HQ: Hong Kong, China. Source: Crunchbase. Payday loan alternative. Latest round: $150 million Series B (mix of equity/debt). Total raised: $164 million (mix of equity/debt). million Series.

Company 12

Company Fintech San Francisco California 12

Independent Banker

FEBRUARY 16, 2015

Perhaps just as influential, Shelby, who is serving as the committee’s GOP chairman for the next two years, represents 131 community banks in Alabama, and Brown, the Democratic ranking member on the committee, represents 206 community banks in Ohio. Shelby visits an Alabama business as part of a statewide jobs and industry tour.

Community Bank 70

Community Bank Alabama Ohio Community 70

PYMNTS

JANUARY 8, 2019

Senator Doug Jones (D-Alabama) said he believes the refund decision is simply a way for Republicans to get support for the president’s wall on the Mexican border. With past shutdowns the IRS would accept tax returns but delay refunds until a shutdown was over, but Vought said the administration is fixing that issue.

Taxes 124

Taxes Alabama America Lending 124

PYMNTS

MAY 16, 2019

Kimberly Reed will be the new EXIM president and chairman, while Judith Pryor and former Alabama congressman Spencer Bachus were confirmed as board member. The bank was unable to. do so because there were five spots vacant on its board; three are needed to be filled in order to allow it to approve such large deals, reports explained.

US 128

US Alabama New Jersey Utah 128