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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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Community bank assimilates fintech talent, tech to advance digital services

BankInovation

Wisconsin-based Horicon Bank is making use of its acquisition this year of fintech startup Monotto to drive digital innovation at the community bank. billion Horicon Bank made a strategic move with its acquisition of Atlanta-based Monotto, bringing both fintech talent and technology to the bank.

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Finastra partners with Bakkt to offer crypto services to community banks, credit unions  

BankInovation

Financial services software provider Finastra has tied up with Atlanta-based crypto exchange Bakkt to offer digital asset trading solutions and services to community banks and credit unions.

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Yield Curve Impact on Bank Profits

South State Correspondent

The bigger risk to community banks’ business model is not a moderate recession induced by aggressive interest rate increases by the Federal Reserve. The Atlanta Fed GDPNow forecast is for Q2 GDP to be just under 2.50%, and the Fed Funds futures market continues to push out the start of the interest rate cuts.

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Podcast: Crafting a New Bank Amid COVID-19

ABA Community Banking

When the coronavirus pandemic began, Craft Bank was just about to begin its capital raise as a de novo community bank in Atlanta. The post Podcast: Crafting a New Bank Amid COVID-19 appeared first on ABA Banking Journal.

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Increasing Digital Banking Options Put Pressure On Big Lenders To Adapt

PYMNTS

The Atlanta-based company noted in a press release that its Activate Enterprise NextGen ATM platform was designed for speed and ease. On Monday (Oct. 5) NCR Corp. unveiled its next generation of operating software for ATMs, designed to integrate the now decades-old cash-dispensing machines into the digital age.

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How to keep community banks thriving

American Banker

The Atlanta Fed offers ways rural institutions can keep and nurture talent while pooling resources with their peers to excel in a challenging environment.