Abrigo

JUNE 2, 2015

Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. Utilizing the Sageworks Bank Information platform, Sageworks recently examined how steadily auto lending at credit unions – specifically for new vehicles – grew in 2014.

Lending 150

Lending San Antonio CA Sacramento 150

Abrigo

FEBRUARY 24, 2015

And just as in mortgage lending , credit unions are seeing a bigger piece of the consumer loan pie. credit union auto lending portfolios are faring. Across the country used vehicle loans nearly doubled their new counterparts by lending volume. billion as of September 30, 2014) and used vehicle lending ($5.2

Lending 150

Lending Alaska Regional Indiana 150

PYMNTS

SEPTEMBER 17, 2020

Louis and Dayton, Ohio. Financial products like credit cards or business loans may leave out the unbanked or underbanked — forcing them to use inconvenient and costly payday lending, check cashing and remittance services,” the credit card giant said in its release.

Community 282

Community St. Louis Los Angeles Ohio 282

CFPB Monitor

NOVEMBER 12, 2018

focusing on Ohio’s Fairness in Lending Act. At the event, Ohio legislators from both sides of the aisle, business leaders, advocates, and researchers will discuss the Act. This afternoon, Pew Charitable Trusts will host an event in Washington, D.C.

Ohio 68

Ohio Lending Colorado Washington 68

PYMNTS

JULY 10, 2018

Senate Republicans expressed frustration because store owners still aren’t satisfied with the new payday lending bill, which is friendlier to lenders. You and your people have been involved in this bill for over a year since it was introduced,” Sen.

Ohio 109

Ohio Meeting Lending Industry 109

PYMNTS

SEPTEMBER 17, 2019

While short-term lending in general has a pretty rough reputation, the pawn loan is the most ill-regarded arena in an already unloved category of consumer lending. The loan amount a borrower can get from a pawnbroker is determined solely by the value of the item itself; as in most forms of short-term lending, there is no credit check.

Ohio 151

Ohio Lending Iowa South Dakota 151

Abrigo

JULY 5, 2020

Credit unions like Telhio Credit Union in Central Ohio had employees working around the clock to help with PPP loans, and they used an SBA lending solution that automated the origination process, as well as the forgiveness and administration phases. In fact, it was Ohio’s top SBA lender among credit unions. SBA Lending.

Technology 195

Technology Lending Capital Meeting 195

Abrigo

JANUARY 15, 2015

In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending. • Cleveland, Ohio – First Federal Savings and Loan Association ($955 million). banks and credit unions.

Cleveland 150

Cleveland Detroit Michigan Community Bank 150

BankInovation

MAY 26, 2021

The Ohio-based bank, which in 2017 began to roll out robotic process automation (RPA) in its frontline, middle and back-office operations, currently executes about 300 FTE worker processes daily.

Ohio 98

Ohio Lending Resources Operations 98

PYMNTS

OCTOBER 3, 2016

“With a decimated short-term, small-dollar lending industry, and other financial service providers not able to fill the void, millions of working class Americans will be left with no viable alternative to access the credit they occasionally need to make ends meet,” the letter said. Steve Stivers, R-Ohio; Mick Mulvaney, R-S.C.;

Ohio 161

Ohio Guidelines Texas Lending 161

PYMNTS

APRIL 17, 2017

Fifth Third Bank is focusing its SME lending reach through a new partnership with nonprofit lender Accion. Reports late last week said the bank will work with SME lending portal Accion, a nonprofit company, to facilitate the financing of these companies across five states: Florida, Indiana, Illinois, Michigan and Ohio.

Indiana 109

Indiana Lending Resources Michigan 109

PYMNTS

APRIL 25, 2017

Among the states that have issue with it are New York, Florida, Ohio and California. Vullo in January penned a letter to the OCC in which she said banks with national charters don’t have to abide by state lending rules, and that the new charter could allow payday lenders to sign up for protections meant for tech companies.

Fintech 109

Fintech Ohio Florida Oregon 109

CFPB Monitor

MARCH 7, 2023

Park National Bank (“Park National”), based in Ohio, has agreed to pay $9 million to settle allegations brought by the U.S. Department of Justice (DOJ) that it engaged in unlawful redlining practices in the Columbus metropolitan area by not providing mortgage lending services to majority-Black and Hispanic communities from 2015 to 2021. .

National 78

National Columbus Ohio Lending 78

PYMNTS

NOVEMBER 15, 2019

House Financial Services Committee has voted in favor of banning a controversial practice in small business lending, The Washington Post reported Friday (Nov.15). In a 31-23 vote, the policymakers voted in favor of prohibiting the use of confessions of judgment in small business lending contracts.

Washington 109

Washington New York Kansas Ohio 109

Abrigo

MAY 24, 2023

Sherrod Brown, D-Ohio, in the same hearing. “The lack of electronic records in this world makes it easy to move money that shouldn’t be moved.” Without full access to the banking and payments system, legal cannabis businesses are forced to operate in the shadows,” said Sen.

Lending 195

Lending Fraud Operations Ohio 195

PYMNTS

FEBRUARY 17, 2020

The punchline isn’t all that funny, actually, as 21st century college lending remains mired in paper checks and legacy disbursement systems. We cannot mandate direct deposit for federal [aid] … per [a] Department of Education regulation,” Ohio University Bursar Sherry Rossiter told PYMNTS. “So,

Arkansas 167

Arkansas Ohio Texas Regulation 167

American Banker

JULY 21, 2023

The Ohio-based regional bank continued to drive loan and deposit growth in the second quarter. But lending activity is expected to ease while funding costs remain high, tempering net interest income expectations for the full year.

Ohio 69

Ohio Regional Lending Industry 69

CFPB Monitor

NOVEMBER 8, 2018

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.

Colorado 94

Colorado South Dakota Montana Arizona 94

Independent Banker

JULY 31, 2022

“If your bank has a DEI [diversity, equity and inclusion] council, collaborate with them on how you can make your social space more inclusive throughout the year,” says Autumn Jose, Social Bankers member and social media and marketing coordinator at $3 billion-asset Civista Bank in Sandusky, Ohio. “If Social media can be a recruiting tool.

social media 224

social media Trends Community Groups 224

PYMNTS

APRIL 27, 2020

They are doing it because they can,” said Chris Olsen, a venture capitalist with Drive Capital Partners in Columbus, Ohio, in an interview with the Times. On Monday (April 27), The New York Times reported that well-funded startups, some of them flush with recent investment rounds, had also applied and received federal loans under PPP.

Columbus 149

Columbus Ohio Capital New York 149

PYMNTS

MAY 3, 2018

based SMBs through the Amazon Lending Program in 2017. Ohio-based Vintage Book Art Co. And, in terms of jobs, Amazon estimates that SMBs selling on Amazon have created more than 900,000 jobs worldwide. Amazon also reported that it lent more than $1 billion to U.S-based is one of the SMBs on Amazon’s platform.

US 103

US Ohio Report Lending 103

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 172

Community Bank Community National Philadelphia 172

American Banker

DECEMBER 14, 2023

The Ohio Democrat is pressuring the CEOs of JPMorgan Chase, Bank of America, Citigroup and Wells Fargo to proactively provide financial benefits to active-duty service members. Those protections are enshrined in a 2003 law, but many service members do not seek them out.

Ohio 81

Ohio America Compliance Lending 81

CFPB Monitor

FEBRUARY 3, 2020

Graciela Aponte-Diaz, Director of Federal Campaigns, Center for Responsible Lending. Creola Johnson, Professor, The Ohio State University Moritz College of Law. The scheduled witnesses for Part One are: Monique Limón, Chair, Banking & Finance Committee, California State Assembly.

Ohio 78

Ohio Leadership Lending California 78

CFPB Monitor

AUGUST 20, 2019

Both letters criticize the Bureau’s conduct since its 2017 leadership change – which Brown characterized as “joined at the hip” with the payday lending industry – and cite the Bureau’s failure to challenge the stay of the payments provisions as contrary to its consumer protection purpose.

Compliance 87

Compliance Groups Ohio Texas 87

American Banker

DECEMBER 14, 2020

The Columbus, Ohio, company says it has delivered on M&A promises before, and many observers say its deal for rival TCF Financial is an opportunistic move in its bid to build a Midwestern powerhouse. But others questioned whether Huntington's cost-cutting and profit expectations are too optimistic.

Columbus 78

Columbus Ohio Company Regional 78

PYMNTS

DECEMBER 6, 2018

Brown, a Democrat on the Senate Banking Committee from Ohio, and Rubio, a Republican from Florida, said they will submit the bill on Thursday. The practice has crippled small businesses across the country.

Ohio 119

Ohio Florida New York Company 119

Independent Banker

MARCH 31, 2022

Coldwater, Ohio. ICBPAC chairman Shon Myers, Chairman, President and CEO, Farmers & Merchants Bank, Miamisburg, Ohio. Chairman Brad M. Bolton, President/CEO/senior lender, Community Spirit Bank, Red Bay, Ala. Consolidated holdings chair Jack Hartings, Chairman, The Peoples Bank Co., Grand Rapids, Minn.;

Community Bank 239

Community Bank Community Industry Texas 239

Independent Banker

MARCH 15, 2015

Thoughtful lending and an open mind keep profits strong for incoming ICBA chairman Jack Hartings. Coldwater, Ohio. in Coldwater, Ohio, and ICBA’s incoming chairman, held fast to his community bank’s conservative lending practices. Coldwater, Ohio. Jack Hartings Photo by Michael Nemeth. By Kelly Pike. Employees: 80.

Ohio 70

Ohio Community Bank Community Lending 70

American Banker

JULY 23, 2020

The Ohio company, which has beefed up its loan-loss reserves, raised the possibility of more sales of oil and gas credits and talked up strong retail segments such as its marine and RV loans.

Ohio 41

Ohio Lending Retail Company 41

CB Insights

NOVEMBER 6, 2019

Collectively, these startups have raised over $9.5B, with leading companies including lending startup Avant (Illinois, $655M in total disclosed equity funding), next-gen auto insurer Root Insurance (Ohio, $509M), restaurant finances management system Toast (Massachusetts, $503M), and small business lending startup Kabbage (Georgia, $490M).

United States 72

United States Fintech North Carolina Rhode Island 72

Independent Banker

FEBRUARY 24, 2016

As in past years, community bankers will continue to contend with a dynamic, highly competitive lending environment in 2016. Several trends have arisen that are likely to continue shaping the commercial lending market. Here are five commercial lending trends from some of the industry’s top commercial lenders.

Trends 79

Trends Community Bank Lending Community 79

American Banker

NOVEMBER 22, 2024

The Columbus, Ohio-based regional launched Lift Local Business in October 2020 with a $25 million ceiling. Four years and $133 million later, the program is still going strong.

Columbus 36

Columbus Ohio Lending Regional 36

CFPB Monitor

JUNE 15, 2022

The letter explains that although states have tools for going after these lending arrangements, such tools are more costly to employ and less likely to be effective than typical enforcement authorities provided to state financial regulators. Maryland, New York, North Carolina, Ohio, Pennsylvania, West Virginia, and Colorado.

FDIC 78

FDIC California West Virginia North Carolina 78

American Banker

FEBRUARY 17, 2022

(..)

Ohio 52

Ohio Community Bank Community Lending 52

PYMNTS

JUNE 25, 2018

The ruling in the case, Ohio vs. American Express , was handed down with a 5-4 vote. Amex competes with them by using a different business model, which focuses on cardholder spending rather than cardholder lending. To encourage cardholder spending, Amex provides better rewards than the other credit card companies.

Cards 103

Cards Ohio United States Exercises 103

Jeff For Banks

APRIL 25, 2014

At the same time, our legal lending limit will be much larger, which will help us to make larger investments in the local communities." - Dick Baker, Chairman of Ohio Heritage Bancorp of Coshocton on the bank''s sale to Peoples Bancorp, Inc. Read: You have to make lots and lots of little loans when you only have $25 million in capital.

New York 92

New York Community Indiana Connecticut 92