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Cannabis lending for financial institutions: Opportunities, risks, and best practices

Abrigo

With this regulatory risk and associated operational complexities, there is plenty for financial institutions to consider before diving into cannabis lending. With the right approach, the rewards may outweigh the risks, creating opportunities for both financial institutions and the communities they serve.

Lending 195
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Fraud typologies all financial institutions should know

Abrigo

Connect with an expert Common fraud schemes Check fraud Check fraud is one of the most concerning fraud trends for community banks in 2025. Ponzi schemes A fraudulent investment operation that pays returns to earlier investors using money from new investors rather than legitimate profits. Staying on top of fraud is a full-time job.

Fraud 221
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Seattle OKs Head Tax Aimed At Big Business

PYMNTS

Seattle’s City Council passed a new tax for big businesses operating in the city, including Amazon , according to CNBC. The tax, called the JumpStart Seattle Tax, will target businesses with at least $7 million in annual revenue. Those businesses will be taxed 0.7 Those businesses will be taxed 0.7

Seattle 152
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Top concerns and growth strategies of community banks: Part II

Abrigo

This article is the second in a two-part series on top concerns and growth strategies of community banks. To understand borrower risk, the bank must collect and properly analyze business and personal tax returns including K-1s and financial statements for all entities. • Improper global cash flow analysis.

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The top-performing community banks of 2021

Independent Banker

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.

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Tax Reform A Bust For Small Business Hiring, ZipBooks Finds

PYMNTS

tax reform on the small business community, but so far, small business owners say the overhauls have made little impact on their hiring practices. “We asked, ‘What effect on your hiring plans has the Tax Cuts and Jobs Act had?' . It will take some time to understand the true impact of U.S.

Taxes 140
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Community banks are thriving in Texas

Independent Banker

Here’s how four community banks are thriving in this environment. Corporate relocations and expansions—influenced by factors like affordability, low corporate tax rates, no personal income tax and a rich talent pool—have contributed to a momentum that isn’t likely to subside soon. Photo by Dennis Burnett. By Mindy Charski.

Texas 182