Remove Lending Remove Montana Remove Operations
article thumbnail

Best Community Banks to Work For 2022

Independent Banker

.; Bank of Montana, Missoula, Mont.; Bank of Montana: Breaking the mold. Bank of Montana: Breaking the mold. Bank of Montana. When a community bank’s employees refer to it as “a second family,” it speaks volumes, and that’s exactly what we heard from the team at Bank of Montana in Missoula, Mont. Missoula, Mont.

article thumbnail

Colorado passes 36% payday loan rate cap

CFPB Monitor

As described on the Colorado Secretary of State’s website , Proposition 111 “would restrict the charges on payday loans to a yearly rate of 36 percent and would eliminate all other finance charges and fees associated with payday lending.”. The other states to have done so are South Dakota, Ohio, Arizona, and Montana.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The top-performing community banks of 2021

Independent Banker

Bank of Montana. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. Tom Swenson, CEO and chairman of the board, Bank of Montana. Bank of Montana. First Security Bank of Deer Lodge. Deer Lodge. Rapid City.

article thumbnail

Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion

PYMNTS

While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments. Blockchain and a bank charter might do much to boost financial inclusion.

National 215
article thumbnail

Homegrown Lender

Independent Banker

Teton Banks, a $200 million-asset community bank, is located in central Montana. Although the bank provides other commercial and business loans, about two-thirds of the bank’s loan portfolio centers on agricultural-related lending. Hodgskiss takes the time to get to know his customers, their wives, children and hobbies.

Montana 70
article thumbnail

Bankers: Just Do It!

Jeff For Banks

"That's all fine and good, but if your bank doesn't do it or the reporting doesn't get to the front line, how can we improve?" ~ Montana Bankers' Association Executive Development Program Student Sing from the same sheet of music. Row in the same direction. Everyone should be on the same page. Do we really want this?

Montana 78
article thumbnail

Excited To Help People

Independent Banker

His collection of shot glasses, each bearing a particular state’s name or emblem as tangible evidence of his visits to those states, is complete after a recent trip through the Dakotas, Montana, Wyoming and then, lastly, Alaska. Today, the company is more than 32 percent employee-owned.

St. Louis 105