Lending, National and Omaha - Community Banking Brief

Inside First National Bank of Omaha’s seven-person innovation lab

Bank Innovation

JULY 1, 2019

First National Bank of Omaha (FNBO), with $20 billion in assets and 5,000 employees, is building out its seven-person innovation group within the bank's namesake skyscraper in Omaha, Nebraska. The goal is to […].

Omaha

Omaha National Nebraska Innovation

Banks Won’t Skimp on Technology Spend Despite Bleak Economic Predictions

Bank Innovation

FEBRUARY 14, 2019

Despite predictions of a bleak economy and decreasing investment spending from businesses, banks will not be cutting down their technology spend in 2019, according to Kurt Spieler, Chief Investment Officer at First National Bank of Omaha.

Omaha

Omaha Technology National Innovation

First Bankcard, Provident Bank Team For Commercial Payments

PYMNTS

JANUARY 22, 2020

First Bankcard , a division of First National Bank of Omaha , has formed a strategic partnership with Provident Bank , First Bankcard announced Wednesday (Jan. O’Flanagan, executive vice president of consumer banking at First National Bank of Omaha. “We

Omaha

Omaha Payments New Jersey Cards

Why AI Risk Tech And Banks Could Be A Match Made In Heaven

PYMNTS

APRIL 16, 2019

A solution, he told PYMNTS four years ago , that had nothing to do with financial services or lending at all — they were actually studying hiring and figuring out ways to track employability over time with data. Our simple idea was that better technology and better data science could improve access to credit,” Girouard said.

Kansas City

Kansas City Lending Omaha Kansas

Credit Card Charge-Offs Reach Highest Rate Since 2009

PYMNTS

JUNE 9, 2017

Moody’s Investors Service reported Thursday (June 8) that credit card charge-offs — debts that are so delinquent that lending institutions have basically given up on collecting them — are at their highest rate since 2009 , possibly due to loosening lending standards. Omaha-based First National Bank rounded out the top three at 4.21

Cards

Cards Omaha Lending National

Who were ICBA’s Top Lenders of 2022?

Independent Banker

JUNE 30, 2022

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.

Community Bank

Community Bank Community National Philadelphia

Zest AI raises $18 million in funding

BankInovation

JUNE 28, 2021

Underwriting software provider Zest AI has raised $18 million in a funding round led by VyStar Credit Union and the First National Bank of Omaha, the firm announced last week.

Omaha

Omaha Software National Cards

The ICBA 22/23 executive committee is all in

Independent Banker

MARCH 31, 2022

“I’m so inspired by the professionalism, integrity and commitment of our executive committee and board of directors as we work together to serve the needs of community bankers across the nation,” says Terry Jorde, ICBA senior executive vice president and chief of staff. Omaha, Neb. ICBA at-large directors (from left).

Community Bank

Community Bank Community Industry Texas

Banks around the country respond to coronavirus

Bank Innovation

MARCH 13, 2020

As the novel coronavirus continues to spread, rattling the economy, banks are reevaluating their business propositions to clients.? WaFd, formerly Washington Federal Bank, is offering interest-free lines of credit of up to $200,000 to small businesses as a result of the pandemic.

Seattle

Seattle Washington Omaha Customer Experience

'Out of the shadows': Use of alternative data in lending gains ground

American Banker

DECEMBER 16, 2019

Financial regulators’ statement cautiously encouraging banks to go beyond traditional underwriting in their lending decisions is a big step forward for the use of alternative data and artificial intelligence, bankers say.

Lending

Lending Data Regulation Omaha

Ballard Spahr Submits Comment Letter to OCC in Support of Proposed True Lender Rule

CFPB Monitor

SEPTEMBER 9, 2020

Ballard Spahr LLP has submitted a comment letter to the OCC in support of its proposed rule , “National Banks and Federal Savings Associations as Lenders” (the “Proposed Rule”). Three virtually identical Federal Interest Statutes govern interest that may be charged by Banks: Section 85 of the National Bank Act (“NBA”), 12 U.S.C. §

FDIC

FDIC National South Dakota Lending

Senator Sanders to introduce bill imposing 15% or lower consumer credit interest rate cap

CFPB Monitor

MAY 16, 2019

Senator Bernie Sanders recently announced that he will be introducing a bill, the “Loan Shark Prevention Act ,” that would amend the Truth in Lending Act (15 U.S.C. Supreme Court in Marquette National Bank v. First of Omaha Corp.,

Pennsylvania

Pennsylvania Lending Omaha National

Community Banking Brief

Inside First National Bank of Omaha’s seven-person innovation lab

Banks Won’t Skimp on Technology Spend Despite Bleak Economic Predictions

Trending Sources

First Bankcard, Provident Bank Team For Commercial Payments

Why AI Risk Tech And Banks Could Be A Match Made In Heaven

Credit Card Charge-Offs Reach Highest Rate Since 2009

Who were ICBA’s Top Lenders of 2022?

Zest AI raises $18 million in funding

The ICBA 22/23 executive committee is all in

Banks around the country respond to coronavirus

'Out of the shadows': Use of alternative data in lending gains ground

Ballard Spahr Submits Comment Letter to OCC in Support of Proposed True Lender Rule

Senator Sanders to introduce bill imposing 15% or lower consumer credit interest rate cap

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