Abrigo

APRIL 21, 2020

Key Takeaways Beneficial State Bank, a Community Development Financial Institution (CDFI) was able to award SBA approval for 333 Paycheck Protection Program loans worth $94.5 The CDFI instated Abrigo's SBA Lending technology platform and systemized approach soon after business owners were able to begin applying for PPP loans.

Security 195

Security Lending Community Oakland 195

Independent Banker

MARCH 15, 2015

The ICBA and community bank campaign to improve those rules has included a comprehensive study on their impact that was released before the CFPB announcement of its proposed changes, which are expected to be formally adopted. Needless to say, the advocacy process with the CFPB has moved at the speed of Washington.

Washington 70

Washington Community Bank Community Survey 70

Independent Banker

FEBRUARY 24, 2015

The ICBA and community bank campaign to improve those rules has included a comprehensive study on their impact that was released before the CFPB announcement of its proposed changes, which are expected to be formally adopted. Needless to say, the advocacy process with the CFPB has moved at the speed of Washington.

Washington 70

Washington Community Bank Community Survey 70

PYMNTS

FEBRUARY 5, 2019

I think it is pretty obvious when you read stories about the payday lending industry – and how it goes wrong for customers – that consumers need a better alternative,” Onward Financial Founder Ronnie Washington said. In an effort to innovate a solution to these cash flow challenges, Washington founded Onward Financial.

Washington 178

Washington Kansas City Lending Kansas 178

PYMNTS

JUNE 1, 2018

Between 2015 and 2017, the amount of lending to small businesses by the five leading online lending providers increased 50 percent, according to a new report from NDP Analytics, a Washington, D.C.-based The report, entitled “The Economic Benefits of Online Lending to Small Businesses and the U.S. communities.”.

Lending 103

Lending Online Community Washington 103

Abrigo

DECEMBER 26, 2014

Utilizing the Bank Information platform, Sageworks recently released a ranking of the top mortgage lending credit unions in the U.S. In a lending segment once cornered by banks, credit unions are making an impact for those looking to purchase their own home. Bruemmer, executive vice president for Landmark Credit Union.

Regional 186

Regional Milwaukee Lending Washington 186

TheGuardian

SEPTEMBER 27, 2023

DoJ says Washington Trust engaged in redlining, the racist policy of banks blocking people of color from getting mortgages Washington Trust, the oldest community bank in the US, has agreed to pay $9m to resolve allegations that it engaged in lending discrimination against homebuyers in majority Black and Latino neighborhoods, the Department of Justice (..)

Rhode Island 93

Rhode Island Lending Washington Community Bank 93

PYMNTS

MARCH 25, 2019

A federal judge late last week ordered a stay on the August 2019 compliance date tied to the “ payday lending rule ” mandated roughly two years ago by the Consumer Financial Protection Bureau (CFPB). The judge wrote in his March 19 ruling that he had not received a request to lift the stay. This is still illegal federally.”

Lending 128

Lending Illinois Compliance Chicago 128

Ublocal

MARCH 4, 2025

Meet our North Conway team, a group of local experts dedicated to understanding the banking needs of the Greater Mount Washington Valley region. The job opportunities and the area’s beautiful natural surroundings are what initially attracted me to this community. Will : I’ve lived in Conway for two years.

Washington 75

Washington Community New Hampshire Meeting 75

Independent Banker

SEPTEMBER 26, 2014

Even though the industry identified several major regulatory burdens, including those posed by the Truth in Lending Act and the Home Mortgage Disclosure Act, few substantive regulations were repealed. Many community bankers concluded that the EGRPRA is little more than a “check the box” process for regulators. Starting fresh.

Washington 70

Washington Fort Worth Regulation Community Bank 70

PYMNTS

APRIL 9, 2020

I think they’re missing a step there in Washington,” Edwards said. So we have to take that into consideration of the amount of money we know we’ve got to lend out just keep our normal lending business going,” Speight said. Bankers want to lend this money out; small businesses desperately need it. Edwards said.

Lending 285

Lending Capital Washington Risk Management 285

Perficient

MAY 28, 2020

We have active Pega jobs in Washington DC open. J oin our community for career tips, upcoming opportunities, and to keep up with all things Life at Perficient. See open jobs or join our community for career tips, job openings, company updates, and more! TL;DR: Find Your New Pega Job at Perficient. Pega Senior System Architect.

Leadership 467

Leadership Groups Management DC 467

Abrigo

APRIL 18, 2020

“We were able to provide funding for 95% of those customers that completed the application process and were approved internally,” said Andy Hunter, President of SaviBank in Burlington, Washington, another customer of Abrigo’s Sageworks SBA Lending solution. “We Lending & Credit Risk. SBA Lending. SBA Lending.

Lending 195

Lending Wyoming Maine Nebraska 195

Independent Banker

MARCH 31, 2022

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. ICBA president and CEO Rebeca Romero Rainey, Washington, D.C.

Community Bank 239

Community Bank Community Industry Texas 239

Let's Talk Payments

FEBRUARY 14, 2017

Association recommends leading-edge platform for small business loans for community and regional banks WASHINGTON — The American Bankers Association – through its subsidiary the Corporation for American Banking – has endorsed.

Lending 85

Lending Washington Regional Community 85

PYMNTS

MAY 28, 2019

The Federal Trade Commission has launched an investigation into the merchant cash advance industry just days after FTC Commissioner Rohit Chopra called on the watchdog to tackle unfair small business lending practices. The FTC’s Chopra spoke at a forum in Washington, D.C. ”

Washington 140

Washington New York Lending Regulation 140

Independent Banker

NOVEMBER 24, 2014

“For Ron, giving back to the community is part of the essence of who he is. With vigor and a strong commitment to service, Ron Paul leads a rapidly growing community bank in Maryland. Ronald Paul first encountered community banking as a real estate developer in the early 1980s. Don’t expect to find him home on a weeknight!”

Community 70

Community Washington Community Bank Maryland 70

ABA Community Banking

APRIL 23, 2020

A new article in the Washington Post yesterday spotlighted the round-the-clock efforts of community banks to make Paycheck Protection Program loans with a largely remote workforce. The post Washington Post Article Spotlights Community Banks’ PPP Efforts appeared first on ABA Banking Journal.

Washington 45

Washington Community Bank Community Lending 45

PYMNTS

OCTOBER 11, 2017

Last week, after five years of debates, discussions, arguments and waiting, the Consumer Financial Protection Bureau’s (CFPB) final rules for payday lending dropped. Even more surprising is that the editorial boards and writers at The Washington Post and The Boston Globe agree with them, given their historical pro-CFPB stance.

Lending 109

Lending Regulation Guidelines FDIC 109

PYMNTS

MARCH 13, 2019

Chase has announced it is expanding its retail footprint into nine of the top American markets, as well as opening dozens of new locations in the greater Washington, D.C The bank said about 30 percent of the branches will be in low or moderately low income communities. area, Philadelphia and Boston.

St. Louis 145

St. Louis US South Carolina Kansas City 145

Jeff For Banks

DECEMBER 10, 2024

They provide white-label payments and depository services (think Paypal, Chime) and deploy that funding into specialized lending programs such as lending to wealth management firms, commercial fleet leasing, and real estate bridge lending. The Bank is currently offering shares for sale at-the-market to support future growth.

Las Vegas 70

Las Vegas Lending Community Bank North Carolina 70

South State Correspondent

MARCH 13, 2023

While we will cover the general lessons HERE , in this article, we wanted to focus on the root cause – how and why interest rate risk caused the second-largest bank failure in US history (Washington Mutual was the largest in 2008). Notably, most community banks’ duration risk is in the loan portfolio.

Risk Management 221

Risk Management Management Community Bank Community 221

FICO

OCTOBER 4, 2016

The potential of alternative data in consumer lending decisions continues to be a hot topic in Washington, D.C., with the latest evidence seen in developments related to the Community Reinvestment Act (CRA). This development is welcome news for those here at FICO and for our many existing and prospective customers.

Lending 74

Lending Data Community FDIC 74

CFPB Monitor

OCTOBER 24, 2023

The Department of Justice (DOJ) announced a settlement agreement with Washington Trust Company, of Westerly (WTC) to resolve claims that WTC redlined majority Black and Hispanic neighborhoods in Rhode Island. for its peer lenders, and on average 46.5% for its peer lenders, and on average 46.5%

Rhode Island 158

Rhode Island Washington Community Marketing 158

PYMNTS

MAY 8, 2020

The poll was conducted by a San Francisco-based advocacy group called Small Business Majority, and its CEO John Arensmeyer has been a proponent of community grants that exist outside of the formal banking system that has controlled government aid up to this point. Most small businesses don’t have a lending relationship with a bank.

Maine 142

Maine Groups San Francisco Lending 142

PYMNTS

FEBRUARY 19, 2019

.” Other critics have raised the issue that the OCC is advising examiners to take community group concerns into consideration separately from their M&A approval processes. ” Now, Powell is also raising concerns about how bank industry consolidation could negatively impact the small business community.

Marketing 108

Marketing Community Community Bank Industry 108

CFPB Monitor

MAY 7, 2015

On May 13, 2015, the United States Hispanic Chamber of Commerce (USHCC) and the Community Financial Services Association of America (CFSA) will host a policy and research summit in Washington, D.C. on “Consumer Credit Under Assault: Does the Data Support the Rhetoric?” The event is open to media and requires an RSVP.

Lending 60

Lending Arizona United States Washington 60

PYMNTS

JUNE 24, 2016

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. Online lending .

Online 101

Online Lending South Dakota North Dakota 101

PYMNTS

JUNE 15, 2020

While our lending business has served Main Street small businesses for years, we knew that as our sellers and their communities were facing deep economic uncertainty, we could play a meaningful role in disbursing stimulus funds,” said Jacqueline Reses , the head of Square Capital, in a statement.

Capital 141

Capital San Francisco New Jersey Massachusetts 141

CFPB Monitor

SEPTEMBER 21, 2020

Last week, the CFPB announced the appointment of new members to its advisory committees: Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). Nikitra Bailey, EVP, Center for Responsible Lending (Durham, NC). Community Bank Advisory Council .

DC 78

DC Mississippi Washington Oklahoma City 78

American Banker

SEPTEMBER 15, 2023

A movement is afoot to transfer the job of the Federal Home Loan banks to the Federal Reserve. This would be a disaster for small lenders.

Washington 87

Washington Community Bank Policies Community 87

Independent Banker

SEPTEMBER 25, 2014

Anticipating what’s new for your community bank’s next field examination. This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. By Karen Hoffman. Benjamin Franklin famously said that “by failing to prepare, you are preparing to fail.”

Compliance 101

Compliance Regulation Community Bank Community 101

Abrigo

APRIL 28, 2016

This year’s National Small Business Week , themed “SBA: Dream Big, Start Small,” will include special events in Atlanta, New York, Denver, Phoenix, San Jose, Oakland and Washington, D.C. Capital: SBA fills gaps in the commercial lending marketplace so success in the small business sector is based on merit, not family wealth.

National 150

National San Jose Los Angeles United States 150

Independent Banker

OCTOBER 1, 2022

While the legal status of banking cannabis-related businesses remains fuzzy at the federal level, community banks in some states are finding that, with proper controls, they’re able to enter this niche market and offer banking services to these local businesses. It’s a strategy that an increasing number of community banks are embracing.

Marketing 113

Marketing Compliance Community Community Bank 113

PYMNTS

MARCH 15, 2018

According to news from The Washington Post , the bill passed 67 to 31 and had the support of both Republicans and Democrats, despite contention within the Democrat party. With the bill, more than two dozen banks will be relieved of regulations that were placed on them under the Dodd-Frank Act.

Idaho 133

Idaho Regulation Massachusetts Washington 133

Independent Banker

DECEMBER 28, 2015

Happy New Year, fellow community bankers! This upcoming year has a lot of good in store for our industry, because ICBA continues to pursue even more successes for community banks nationwide. We certainly closed out 2015 with great wins in Washington, so I want to thank so many of you who stepped up to make change happen last year.

Community Bank 70

Community Bank Washington Community Ohio 70

Independent Banker

JULY 29, 2016

Around the Table—Wisconsin community bankers work with legislative staff members on Capitol Hill during ICBA’s Washington Policy Summit. Keeping community banking interests front and center. Here’s an outline of the key activities ICBA’s advocacy team in Washington, D.C., By Courtney Schoenborn. 1233 and S.

Community Bank 70

Community Bank Community Washington FDIC 70