Perficient

APRIL 26, 2021

The Office of the Comptroller of the Currency (OCC) has released 15 Community Reinvestment Act (CRA) performance evaluations. Reviews, which can take weeks, assess an institution’s performance in helping to meet the credit needs of communities, including those of low or moderate income within its assessment area. Outstanding.

Community 294

Community Wichita Tulsa National 294

ABA Community Banking

MAY 8, 2024

The dollar amount of loans originated by community development financial institutions has more than doubled in recent years, rising from $29 billion in 2018 to $67 billion in 2022, the Federal Reserve Bank of New York said in a new report.

New York 52

New York Community Report Community Bank 52

American Banker

JULY 27, 2023

The Hicksville, New York, company says its deposit base is stable and poised for growth four months after its acquisition of the failed Signature Bank, some of whose depositors fled to larger banks. Private bankers — including new hires from another failed bank, First Republic — are trying to win back lost deposits.

New York 69

New York Community Company 69

PYMNTS

DECEMBER 7, 2020

Amid growing COVID-19 hospitalizations in New York, officials are revising indoor dining guidelines to include new restrictions if the rate doesn’t stabilize. The Christmas season could end up igniting the spread of the coronavirus beyond Thanksgiving’s acceleration, Fauci said at a news briefing held by New York Gov.

New York 150

New York New York City Guidelines National 150

American Banker

SEPTEMBER 9, 2024

The all-stock transaction is slated to close in the second quarter of 2025. It would create a bank with more than $15 billion of assets.

New York 83

New York Community Bank Community Industry 83

American Banker

OCTOBER 26, 2023

The Hicksville, New York, company beat analysts' expectations on net interest income, but a pair of souring office loans contributed to a 68% increase in nonperforming loans from the prior quarter.

New York 74

New York Community Company Lending 74

PYMNTS

SEPTEMBER 14, 2020

There’s a lot that’s new and digital about New York Fashion Week. In fact everything is new from the virtual runways to the individual shows getting precedence over the more general events. Even the sponsorships are new, including home improvement retailer Lowe’s. It might seem to be an unnatural pairing.

New York 160

New York Branding Retail Community 160

PYMNTS

SEPTEMBER 17, 2020

Mastercard said it will invest $500 million in Black communities across the U.S. The new initiative will include “concentrated investments that will focus on providing Black-owned businesses and Black people access to affordable financial tools and capital,” Mastercard said in a news release. This is a time for action.

Community 282

Community St. Louis Los Angeles Ohio 282

American Banker

FEBRUARY 1, 2024

A day after the regional bank's stock tumbled on tough fourth-quarter results and some austerity moves, observers debated whether management just needs time to build enough capital to catch up with growth or if it is still too overexposed in multifamily lending.

New York 81

New York Strategy Community Regional 81

American Banker

OCTOBER 16, 2024

After NYCB streamlined its branch operations under the Flagstar name, the publicly traded company will begin trading under a new stock ticker symbol in late October.

New York 36

New York Community Operations Company 36

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 86

New York Community Marketing Lending 86

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 32

New York Community Lending 32

American Banker

JULY 24, 2024

The embattled Long Island-based bank announced the hiring of nine new senior executives. Most of them have ties to CEO Joseph Otting, who previously held the top job at the OCC and OneWest Bank.

New York 77

New York Leadership Community 77

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

FEBRUARY 9, 2021

The department of financial services will grant credit under the state's community reinvestment law to New York-chartered banks and credit unions that finance projects aimed at helping low-income communities better adapt to a warming world.

New York 95

New York Regulation Community Community Bank 95

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

American Banker

FEBRUARY 9, 2024

In a surprise move this week, banking veteran Sandro DiNello was appointed executive chairman of the embattled Long Island-based company, whose stock plummeted in the face of questions about its financial health.

New York 84

New York Community Company Risk Management 84

American Banker

AUGUST 13, 2024

The beleaguered Long Island bank saw its stock price rally after investors exchanged their preferred shares for common stock.

New York 36

New York Community Industry Capital 36

Bank Innovation

JANUARY 9, 2017

Top seed investors in the New York startup community showed their muscle in the final quarter of 2016 and are likely to continue doing so in the coming year, says a new report from Primary Venture Partners. Among the winners in an otherwise difficult year for startups were fintech companies like Read More.

New York 150

New York Community Fintech Report 150

PYMNTS

MARCH 17, 2017

For years, New York City has been at the epicenter of United States’ culture with the fashion and entertainment industries leading the way. With the top modeling agencies, MTV and the home of American broadway plays, there’s no denying New York City is bustling with creativity. trillion (2012). percent (2015).

New York City 100

New York City New York Community Industry 100

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

Independent Banker

FEBRUARY 28, 2022

Promotional merchandise, or swag, has long been regarded as a no-brainer approach to business branding, but community banks are shedding those thrifty connotations with a new, mindful approach to company gifting that imparts value and purpose while bolstering bottom lines. It helps others in the community. By Judith Sears.

Branding 167

Branding Community Community Bank Iowa 167

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

Independent Banker

NOVEMBER 21, 2021

As the first mutual bank to open in decades, Walden Mutual Bank is gearing up to support New England’s farmers, food service industry and sustainable food community. submitted its application to the FDIC at the end of August with the intent to serve New England’s local and sustainable food community with a bank owned by its depositors.

Community 170

Community New Hampshire New York Millennials 170

PopularBank

MARCH 3, 2021

Bank Transformation has been named to the Junior Achievement of New York (JA New York) Board of Directors. JA New York aims to empower youth and create stronger communities. JA New York is a non-profit organization that reaches nearly 100,000 youth in lower New York each year.

New York 52

New York Community Leadership Resources 52

Perficient

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence The announcement of significant amendments to the New York State Department of Financial Services (NYSDFS) regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

New York 221

New York Compliance Regulation Analysis 221

CFPB Monitor

OCTOBER 25, 2022

Following up on a threat it made back in 2018 , the New York State Department of Financial Services (DFS) announced on October 6, 2022 that it entered into a consent order with Rhinebeck Bank (“Rhinebeck”) to settle discrimination claims involving discretionary dealer markups on retail installment contracts with minority borrowers.

New York 78

New York Lending Community Bank Community 78

ABA Community Banking

FEBRUARY 6, 2020

Have you heard about the community bank that’s been chugging along for over 150 years, took on “Community Bank” as its name—and “bank happy” as its motto? Meet Community Bank, N.A., based in DeWitt, New York. The post When a Community Bank Expands Beyond Its Community appeared first on ABA Banking Journal.

Community Bank 69

Community Bank Community New York Meeting 69

American Banker

NOVEMBER 18, 2024

The Securities and Exchange Commission accused a former supervisor with the Federal Reserve Bank of Richmond of trading New York Community Bank and Capital One stock based on material nonpublic information.

New York 68

New York Community Bank Community Capital 68

Banking Exchange

APRIL 28, 2021

NYCB is to acquire Flagstar in an all-stock merger scheduled to complete later this year Management Feature M&A Feature3.

New York 78

New York Community Management 78

PopularBank

OCTOBER 28, 2020

Popular”) (NASDAQ: BPOP), bank holding company of Popular Bank, today announced Popular Bank’s strategic realignment of its New York Metro branch network. Popular is committed to meeting the needs of our customers and communities, guided by our 127-year legacy. SAN JUAN, Puerto Rico – October 28, 2020 – Popular, Inc.

Puerto Rico 52

Puerto Rico New York Metro Community 52

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

CFPB Monitor

NOVEMBER 6, 2023

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Rhode Island 78

Rhode Island District of Columbia West Virginia Community 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

American Banker

JULY 29, 2020

Continued momentum will depend on government stimulus, the reopening of New York City and borrowers' ability to make payments after their deferral periods end. In what was a challenging quarter for the industry, the company reported strong loan growth and a wider margin.

New York 45

New York New York City Community Industry 45

American Banker

NOVEMBER 9, 2016

New York Community's acquisition of Astoria Financial will not get the necessary regulatory OK this year, but both parties “remain committed to the transaction,” the CRE-heavy acquirer said.

New York 47

New York Community Community Bank Regional 47