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Earlier this month, John Holt, CEO of Nutmeg State Financial Credit Union appeared on Better Connecticut to discuss how Nutmeg FCU was fulfilling its commitment to helping small businesses in their community by implementing a new digital loan application process.
With mortgage rates down in the US , many homebuyers are looking locally to their communitybanks to finance their new, potentially life-changing purchase. In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which communitybanks were making an impact on local mortgage lending.
New Canaan-based Bankwell's digital solution relies on software designed by Lendio to compress the application-to-funding interval and appeal to speed-conscious small business owners
Individuals without access to basic banking services can now open accounts through a state-wide initiative being rolled out across ConnecticutCommunityBanking People Covid19 Customers Fair Lending Feature3 Feature.
More than ever, communitybanks are exploring new ideas and unconventional approaches to achieving greater profitability. on profitability in communitybanking. on profitability in communitybanking. Missouri Bank sharpens focus on trimming expenses. Calculated Lending. Calculated Lending.
." - Gregory Schreacke, President of First Financial Service Corporation in Elizabethtown, KY on his bank''s sale to CommunityBank Shares of Indiana, Inc. of Ocala, Florida on the bank''s sale to Heritage Financial Group, Inc. Read: We needed greater scale to offer the products and services demanded by customers.
Daniel Galindo, pictured, and Doug Schaeffer of Woodforest National Bank helped involve the communitybank in providing funding for and access to affordable housing. It’s being responsive to the needs and taking the tools we built—and those we’ll continue to build—to help underinvested communities lift up.”.
The Connecticutbank expects to report a $9.5 million net loss for the fourth quarter, but it said it's made headway in its efforts to cultivate investors and bolster its capital levels.
Arjun Sirrah takes great pride in his company's national-level success as a communitybank in Connecticut competing against digital lending startups in student loan refinancing. billion in loans in the last couple of years. …
Arjun Sirrah takes great pride in his company's national-level success as a communitybank in Connecticut competing against digital lending startups in student loan refinancing. billion in loans in the last couple of years. …
CenterState in Florida and Union Savings in Connecticut are adding specialists to their retail locations at a time when many other banks are cutting back or have been relying heavily on universal bankers.
A small Connecticutbank takes the plunge into mobile-friendly mortgages in a bid to turn an attractive pool of student-loan borrowers into lifetime customers.
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