Independent Banker

OCTOBER 1, 2022

The West Virginia community bank is helping small-business customers get the financing they need while continually seeking new ideas to plan for its own future. Consider, for example, its commercial lending approach. The SBA West Virginia District Office named it the West Virginia Community Lender of the Year for 2021.

West Virginia 91

West Virginia Virginia Community Bank Community 91

Independent Banker

DECEMBER 31, 2021

Here’s what community banks need to know about these products and how they can take advantage of this model. Emerging as the latest form of point-of-sale (POS) lending, BNPL introduces new ways for consumers to make purchases and spread out their payments. BNPL: The community bank play. By Colleen Morrison. It’s an evolution.

How To 91

How To Community Bank Community Lending 91

Independent Banker

DECEMBER 31, 2022

Here’s how community banks can enhance their payments offerings. As 2023 kicks off, community banks can respond to today’s payments landscape by addressing five key trends. FedNow is obviously going to change the landscape for us, and I think it’s going to accelerate [digital development] for community banks,” Lakoumentas says.

Trends 140

Trends Payments Community Bank Texas 140

Independent Banker

NOVEMBER 30, 2021

Experts say community banks can use education, biometrics and solid cybersecurity practices to fight this growing area of crime. Say a scammer calls a community bank customer and gains their trust by using information obtained from a major data breach. By Elizabeth Judd. Examples of remote authentication fraud. New account fraud.

Fraud 160

Fraud Strategy Community Bank New York City 160

American Banker

DECEMBER 30, 2019

Susan Riel succeeded Ronald Paul as CEO of the Maryland bank shortly before questions surfaced about credit quality and lending practices.

Maryland 41

Maryland Lending Community Bank Community 41

Independent Banker

JULY 31, 2022

Fallout from recent global events presents an obstacle to generating revenue for community banks. Since COVID-19, profitability planning for community banks has mainly hinged on how the government was coping with the pandemic and the key role financial institutions played in keeping the economy afloat. By Elizabeth Judd.

Strategy 135

Strategy Community Bank Louisville Community 135

CFPB Monitor

OCTOBER 27, 2022

The FTC’s complaint , filed in federal district court for the District of Maryland, alleges that Passport advertises cars as “certified,” “inspected,” or “reconditioned” at specific prices, but then adds hundreds or thousands of dollars in fees to the advertised prices. Under the terms of the settlement , Passport will pay more than $3.3

Groups 78

Groups Exercises Lending Policies 78

Independent Banker

OCTOBER 14, 2014

Robust online mortgage websites embrace today’s lending challenges as well as consumer needs. When Community Bank of Bergen County unveiled its online mortgage hub this summer, the bank put “ease of use” at the top of its goals for the site, says President and CEO Peter Michelotti. “I By Elizabeth Judd.

Community Bank 70

Community Bank Lending Community Oklahoma City 70

Jeff For Banks

NOVEMBER 7, 2015

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? Banker: Because that's not community banking. I've been in this business over 20 years and still don't know the definition of community banking. In other words, be a General Bank. Seems risky.

Community Bank 60

Community Bank Community Baltimore Lending 60

Independent Banker

JANUARY 26, 2016

Will community bankers be playing with ‘gamification’ soon? He points out that because gamification is a way to get users to return to an activity, it could prove particularly attractive for community banks, which tend to take a lead role in financial education and forging strong customer relationships. By Elizabeth Judd. Fitbit Inc.,

Maryland 70

Maryland Community Bank Community Technology 70

Independent Banker

NOVEMBER 13, 2014

The Internet of Things, also known as the Industrial Internet, is where networked smart devices communicate to powerfully automate a multitude of complex tasks for both consumers and businesses, potentially including community banks. Both scenarios would communicate possible financial needs of the bank and its customers. “If

Community Bank 71

Community Bank Community Maryland System 71

Jeff For Banks

JUNE 2, 2023

The old borrow short, lend long strategy. Economists cite as the main culprit the collapse of the subprime mortgage market — defaults on high-risk housing loans — which led to a credit crunch in the global banking system and a precipitous drop in bank lending. Remember K Bank in Maryland? We took a serious reputational hit.

FDIC 78

FDIC Community Bank Regulation Lending 78

Independent Banker

MARCH 15, 2015

With a little time and attention, every community banker can make a difference in our industry’s grassroots advocacy. For that reason, today’s lawmakers on Capitol Hill are highly attuned to their bosses—their constituents, which includes community bankers. By Michael Blankenheim.

Community 70

Community Washington Community Bank Meeting 70

American Banker

JANUARY 24, 2020

The company, which sold the business to a group of former employees, will shut down its operation this quarter.

Lending 45

Lending Groups Operations Company 45

Jeff For Banks

DECEMBER 19, 2015

through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 16 locations. The Company's residential mortgage division, headquartered in Atlanta, has lending offices in Arizona, Florida, Georgia, Maryland, Michigan, Indiana, Illinois and Ohio.

North Dakota 60

North Dakota Arizona Michigan Florida 60

CFPB Monitor

SEPTEMBER 13, 2018

57, disapproving of the CFPB’s Bulletin 2013-2 regarding “Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act.” The states whose AGs signed the comment letter are North Carolina, California, Illinois, Maine, Maryland, Massachusetts, Minnesota, New Jersey, New York, Oregon, Rhode Island, Vermont, and Virginia.

Rhode Island 60

Rhode Island District of Columbia North Carolina Vermont 60

CFPB Monitor

AUGUST 30, 2018

Supreme Court ruling in Texas Department of Housing and Community Affairs v. Inclusive Communities Project, Inc. The trade groups’ views are set forth in comment letters submitted to HUD in response to its advance notice of proposed rulemaking seeking comment on the need for revisions to the Rule following Inclusive Communities.

Groups 68

Groups Rhode Island District of Columbia North Carolina 68

William Mills

SEPTEMBER 12, 2017

Digital banking solutions for community banks and credit unions. An industry leader in lending and benchmarking solutions for financial institutions. They’re s howing a lending example using their API. Frictionless digital lending is possible. These folks are based in Maryland so that explains the NSA connection.

Samsung 69

Samsung Mobile User Experience Google 69