American Banker

DECEMBER 12, 2023

Analysts agree that the Long Island-based bank will probably absorb some losses due to its exposure to struggling segments of the commercial real estate market. But they differ on the extent of the likely damage.

New York 85

New York Community Marketing Lending 85

American Banker

OCTOBER 25, 2024

A 42% drop in net interest income, continued costs from its merger with Flagstar Bank and the sale of its mortgage warehouse business weighed on the third-quarter results.

New York 31

New York Community Lending 31

CFPB Monitor

NOVEMBER 16, 2021

On November 1, New York Governor Hochul signed into law amendments (S.5246-A/A.6247-A) 6247-A) to the New York Community Reinvestment Act (NYCRA) that expand the NYCRA’s coverage to non-depository mortgage lenders. Expansion of CRA coverage. The amendments are effective November 1, 2022.

New York 78

New York Community Regulation Data 78

American Banker

MARCH 13, 2024

The new team at Dime Community Bancshares intends to attract funding from an array of niche business segments, including medical billing, so-called death care services and hedge funds.

New York 81

New York National Groups Community 81

Abrigo

AUGUST 30, 2024

Takeaway 2 Reform moves are stemming from actions of the FHFA against the San Francisco and New York FHLBs. These FHLBs continued to lend to the member banks despite clear deterioration of their financial status. Takeaway 3 Banks should respond to the reform efforts to ensure contingent liquidity options will remain.

San Francisco 195

San Francisco Risk Management New York Capital 195

American Banker

SEPTEMBER 6, 2023

The New York-based company announced the launch of a health care lending unit after capitalizing on recent bank failures to add seven deposit-focused banking groups this spring and summer.

Community 78

Community New York Lending Capital 78

American Banker

AUGUST 31, 2023

In the aftermath of last year's racially motivated mass shooting in a predominantly Black community in Buffalo, New York, American Banker reporter Allissa Kline explores what responsibility banks have to help segregated, impoverished communities that were shaped in part by past discriminatory lending practices.

Community 68

Community New York Industry Lending 68

Independent Banker

APRIL 30, 2022

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success. Philadelphia.

Community Bank 172

Community Bank Community Montana Taxes 172

PYMNTS

NOVEMBER 16, 2018

Small business credit analysis company PayNet is linking up with a community bank to streamline SMB lending for the institution. In another statement, BNB Bank EVP and Chief Lending Officer Kevin L. ” Analysis has also found that community banks are playing a larger role in small business lending. .”

Community Bank 134

Community Bank Community Lending Analysis 134

American Banker

FEBRUARY 6, 2024

The latest shoe to drop was the news that Chief Risk Officer Nicholas Munson left the company early this year. The regional bank's stock price again fell by double digits on Tuesday, marking the fourth daily decline of at least 10% in the last week.

New York 70

New York Community Regional Company 70

American Banker

JANUARY 31, 2024

The parent company of Flagstar Bank surprised investors by slashing its dividend, charging off two large real-estate loans and preparing for more trouble in the office and multifamily sectors.

New York 60

New York Community Company Lending 60

PYMNTS

JUNE 28, 2019

Representative Nydia Velázquez (D-NY) is calling on lawmakers to address predatory lending to small businesses (SMBs), The Washington Post reported on Thursday (June 27). “By ending confessions of judgment in commercial lending, we can stop some of the abuses that are crippling honest small business owners,” she said.

Lending 129

Lending Washington US New York 129

BankInovation

SEPTEMBER 30, 2022

Teslar Software is preparing to launch a new indirect lending solution for community banks. based software-as-a-solution (SaaS) platform showcased its new product, which automates and digitizes the underwriting process, during the recent FinovateFall 2022 in New York City. The Springdale, Ark.-based

Lending 52

Lending New York City New York Community Bank 52

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Janet Silveria, Community Bank of Santa Maria. So, what’s at the top of community bank leaders’ to-do lists? What changes will 2022 bring?

Community Bank 144

Community Bank Community Lending Louisiana 144

American Banker

FEBRUARY 7, 2024

The regional bank announced a leadership shakeup on Wednesday, capping a tumultuous week in which shareholders became spooked about its exposure to the commercial real estate sector.

New York 57

New York Leadership Community Regional 57

PYMNTS

JANUARY 26, 2021

In today’s top retail news, the U.S. division of L’Occitane has filed for Chapter 11 bankruptcy, while AutoFi is shifting into high gear with the debut of its “lending as a service” division. Plus, a new Federal Reserve Bank of New York study finds that individuals anticipate that the economy will rebound by next year.

Retail 239

Retail US New Jersey New York 239

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Critical capital Should CRE lending be off the table? But that might not be the best move for your financial institution or your community. They’re not your hometown.

Risk Management 221

Risk Management Management Lending Capital 221

PopularBank

OCTOBER 2, 2020

When we first opened our doors, we did so with a great sense of purpose and a vision to make a difference within our communities. I am proud to share that Popular’s commitment to meeting the diverse and growing needs of our customers and communities across all our regions is stronger than ever before.

Community 98

Community New York New Jersey Meeting 98

American Banker

MAY 15, 2024

Investors reacted negatively to New York Community Bancorp's divestiture of a $5 billion loan warehouse portfolio to JPMorgan Chase. The deal has triggered a debate about whether other banks might retreat from lending to nonbank home lenders.

New York 60

New York Lending Community 60

American Banker

JULY 31, 2023

Last year's racially targeted mass shooting at a Buffalo, New York, grocery store has renewed conversations about whether banks have a duty to help segregated, impoverished communities that were shaped in part by discriminatory lending practices.

New York 69

New York Community Lending Community Bank 69

ABA Community Banking

FEBRUARY 12, 2020

billion in assets, HAB Bank isn't big -- but it's a community bank with global reach. The New York-based institution provides correspondent banking services for 140 banks in 20 countries, primarily in South Asia and East Asia. Community Bank appeared first on ABA Banking Journal.

Community Bank 76

Community Bank Community New York Risk Management 76

PYMNTS

JANUARY 18, 2021

Reports in Boss Hunting said two brothers based in New York are accused of committing fraud with the eCommerce conglomerate by posing as a legitimate B2B wholesaler. This week's B2B Data Digest takes a look at the numbers behind the latest instances of fraud, including fraudulent invoices, corporate tax scams and more. $19

Community 219

Community Fraud Taxes Massachusetts 219

American Banker

MAY 15, 2024

Investors reacted negatively to New York Community Bancorp's divestiture of a $5 billion loan warehouse portfolio to JPMorgan Chase. The deal has triggered a debate about whether other banks might retreat from lending to nonbank home lenders.

New York 53

New York Lending Community 53

PYMNTS

FEBRUARY 7, 2019

“The vast majority of small businesses will enjoy the benefits of the full 20 percent deduction,” said NFIB Senior Vice President of Public Policy and Advocacy Brad Close in an interview with The New York Times in January. Overall, the top banks saw lending grow by 2.3 percent in 2018, compared to a 3.6

Taxes 122

Taxes Lending National New York 122

Abrigo

JANUARY 22, 2015

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.

Community Bank 150

Community Bank Community Regional Cleveland 150

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Ag lending in the South: Relationships matter.

Community Bank 172

Community Bank Community National Philadelphia 172

Abrigo

SEPTEMBER 16, 2015

Member business lending (MBL) has been a hot topic in the financial services community this summer, particularly as the industry awaits finalization of the NCUA’s rule changes. stands as the number one in MBL – more than doubling the second-ranked CU for business lending. Melrose Credit Union , headquartered in Queens, N.Y.,

Lending 150

Lending New York City New York Strategy 150

American Banker

MARCH 4, 2024

Long Island-based New York Community Bancorp has a large concentration in loans on New York City apartment buildings with rent restrictions. Property values in that sector have tanked amid higher interest rates, inflation and 2019 revisions to state law.

New York City 74

New York City New York Regulation Community 74

PYMNTS

JANUARY 29, 2020

As online lending platforms proliferate among the SMB borrowing community, however, experts warn that a lack of regulation means these companies rarely publicly reveal interest rates and fees. “We have seen small businesses destroyed by online lending.” ” Knowing Their Options. . ” Knowing Their Options.

Lending 136

Lending New York Online New Jersey 136

PYMNTS

JULY 12, 2018

New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. A bill signed by Governor Andrew M.

Online 100

Online New York Lending Regulation 100

American Banker

JANUARY 17, 2020

The bill dovetails with a debt forgiveness plan under development in New York, where hundreds of drivers have filed for bankruptcy. Gregory Meeks, D-N.Y., would ensure that taxi drivers don't get taxed on medallion debt that gets forgiven.

New York 50

New York Taxes Payments Community Bank 50

American Banker

FEBRUARY 29, 2024

The turmoil at New York Community Bancorp resumed Thursday with the departure of CEO Thomas Cangemi. billion goodwill impairment charge and disclosed other new problems, saw its share price plunge. The embattled regional bank, which also recorded a $2.4

New York 83

New York Regional Community Lending 83

American Banker

DECEMBER 29, 2020

The switch to Thomas Cangemi from longtime CEO Joseph Ficalora could foreshadow a push to curtail the company’s reliance on multifamily lending and the pursuit of a bank acquisition that lowers funding costs.

New York 39

New York Community Lending Regional 39

PopularBank

MARCH 24, 2021

BDD Designation to Provide Branch $10 Million in Subsidized Deposits to Promote Community Reinvestment within East Harlem. New York, NY – March 24, 2021 – Popular Bank , a subsidiary of Popular, Inc. Popular Bank’s East 116 th Street branch will serve as a BDD branch in the designated Community District 11 (CD 11).

New York 91

New York Community New York City New Jersey 91

American Banker

FEBRUARY 15, 2024

Investors have hammered the New Jersey-based lender following the turmoil at New York Community Bancorp. But Valley executives say there are key differences between the two real estate-focused banks, and they express confidence that the bank's underwriting will hold up again this cycle.

New Jersey 83

New Jersey National New York Community 83

PYMNTS

MARCH 15, 2019

Community bank Patriot National has hit a regulatory roadblock in its plans to launch a Small Business Administrative platform, but reports in American Banker on Thursday (March 13) said the financial institution remains undeterred by the challenge. Hana is one of the largest SBA lenders, facilitating $96.6

National 139

National Community Bank Metro Lending 139

Independent Banker

OCTOBER 1, 2021

Ponce Bank has brought banking services to minority neighborhoods in the Bronx and greater New York City for more than six decades with a clear focus on community investment. Times were tough for the New York City borough, whose residents were predominantly working-class Black and Puerto Rican. By Roshan McArthur.

Puerto Rico 113

Puerto Rico New York City Community New York 113