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A Bank's Debt Sale that Passes Religious Muster

American Banker

University Bancorp in Michigan says the main goal of its recent debt offering was to raise capital, but it also was designed to comply with Sharia and other religious standards that guard against usury.

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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. It was always clear how much Jones loves his credit union, his team and his community. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank.

Idaho 148
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Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. Interestingly, IBCP recently announced an acquisition in northwest Michigan, five years after they sold 15 branches in the northeast part of the state. A princely some to a Bank with $107 million of capital at the time. Net charge offs are negligible.

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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

Fintech 194
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The 2022 GonzoBanker Awards

Gonzobanker

2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. In 2021, there were more than 120 fintech IPOs in the U.S.,

Community 216
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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

Community initiatives: Loom (Massachusetts). Yet, in recent years, cash-strapped transportation agencies have been shutting down rest areas in many states, including Florida, Michigan, Ohio, and South Dakota, along with an initiative to do so in Connecticut. Community initiatives: Loom. Vegan fast casual: By Chloe.