Remove Cleveland Remove Lending Remove Marketing
article thumbnail

KeyBank expands commercial banking to Chicago and Southern California

American Banker

The Cleveland-based bank now has commercial lending teams in both markets, including a team it recently hired away from Huntington Bancshares.

Chicago 81
article thumbnail

Online Lending And A Tale Of Two Fed Studies

PYMNTS

Online consumer lending – in a variety of forms – has grown explosively over the last decade. The recent release of a study by the Cleveland Federal Reserve has managed to increase the decibel level of that debate. Cleveland’s Dark Outlook. So how did one branch of the Fed end up on such a different page from their counterparts?

Study 101
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New Study Suggests Online Lenders Target Vulnerable Consumers

PYMNTS

The Federal Reserve Bank of Cleveland issued new research on the online lending market showing that borrowers end up in more debt than consumers who don’t utilize this method of borrowing. The researchers used data from TransUnion for the study, pinpointing 90,000 borrowers who took out online loans from 2007 to 2012.

Study 100
article thumbnail

Rocket Trims IPO By 39 Pct From $3.3B To $2B After Investors Reject Valuation

PYMNTS

Rocket Companies, the parent of mortgage lending giant Quicken Loans , reduced its terms to go public, Bloomberg reported. The Detroit-based company is expected to market a reduced number of shares at about $18 to $20 apiece, Bloomberg reported, citing sources. Rocket describes itself as the largest retail mortgage lender in the U.S.

Cleveland 233
article thumbnail

Afraid of Small Business Lending? Mid-Market Lenders Shouldn’t Be

FICO

FICO’s mid-market bank and credit union clients tell us that it remains difficult for entrepreneurs and small business owners to acquire the credit they need to fuel their growth plans. Mid-market banks and credit unions traditionally lend to many small businesses. There is good news for mid-market banks and credit unions.

Lending 60
article thumbnail

Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending. • Cleveland, Ohio – First Federal Savings and Loan Association ($955 million). banks and credit unions. Blog Bank'

Cleveland 150
article thumbnail

[Q&A Series] The Future of Healthcare: Momentum

Perficient

Cleveland Clinic saw 10 times the increase in volume from consumers. The delays that have been erased because of Covid-19 will lend themselves to fully virtual trials in the future. With the government bringing reimbursement for telehealth on par with in-person visits, the need for telehealth just continues to grow.

Cleveland 309