Abrigo

DECEMBER 18, 2023

Critical capital Should CRE lending be off the table? Recent headlines may lead bankers to believe that shunning commercial real estate lending is the safest path to limit or avoid credit risk, given stresses on CRE and regulatory concerns. But that might not be the best move for your financial institution or your community.

Risk Management 221

Risk Management Management Lending Capital 221

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

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

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

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

PYMNTS

AUGUST 30, 2020

But RER instead decided to subcontract much of the loan processing to a Rocket Loans , a unit of lending giant Rocket Cos., While authorities say this is common, Trevor Brown , professor of public management at Ohio State University, said it could pose risk since "you are not competing," WSJ reported. which owns Quicken Loans as well.

Ohio 271

Ohio Virginia Fraud Lending 271

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

American Banker

DECEMBER 6, 2023

The Ohio-based regional bank has laid out an ambitious expansion blueprint, including new health care asset-based lending, a Native American financial services unit and a push into commercial banking in North Carolina and South Carolina.

South Carolina 36

South Carolina North Carolina Ohio Regional 36

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

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

PYMNTS

OCTOBER 13, 2019

California and Ohio are among states that have started implementing measures to stop high-interest loans. The battle over payday lending — specifically, how tough U.S. “Our Google Play developer policies are designed to protect users, and keep them safe,” a Google spokesman told the WSJ. “We

Google 156

Google Policies Ohio California 156

American Banker

OCTOBER 17, 2024

The Columbus, Ohio-based regional bank reported solid growth in loans, deposits and fee income and is projecting record levels of spread income next year.

Columbus 36

Columbus Ohio Regional Report 36

American Banker

APRIL 19, 2024

At a time of mild or nonexistent loan growth, middle-market borrowers in the Lone Star State are providing a boost to Fifth Third Bancorp and Huntington Bancshares.

Ohio 36

Ohio Texas Marketing Lending 36

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

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

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

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

American Banker

NOVEMBER 22, 2016

Huntington Bancshares in Columbus, Ohio, said it plans to add 1,000 jobs by 2024 at a new office complex in Columbus and lend $300 million to low- and moderate-income communities in the city over the next five years.

Columbus 28

Columbus Lending Ohio Community 28

American Banker

NOVEMBER 22, 2016

Huntington Bancshares in Columbus, Ohio, said it plans to add 1,000 jobs by 2024 at a new office complex in Columbus and lend $300 million to low- and moderate-income communities in the city over the next five years.

Columbus 28

Columbus Lending Ohio Community 28

American Banker

MARCH 7, 2024

The Columbus, Ohio, regional bank will focus first on Dallas before venturing statewide. Its move into the Lone Star State comes three months after announcing a similar initiative in the Carolinas.

Texas 36

Texas Columbus Dallas Ohio 36

American Banker

AUGUST 16, 2016

The Ohio company is eager to rev up SBA lending in the Windy City now that it has closed on its purchase of FirstMerit. CEO Steve Steinour also credits his company's willingness to make big upfront community commitments for a seamless approval process.

Lending 28

Lending Chicago Ohio Community 28

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

CB Insights

JUNE 22, 2021

Splash Financial , a digital lending fintech platform, has raised $44.3M Ohio-based Splash Financial is a student loan refinancing marketplace offering loans from banks, credit unions, and other lenders. in a Series B that drew participation from DST Global, Citi Ventures, Detroit Venture Partners, and Firebolt Ventures, among others.

Detroit 45

Detroit Ohio Lending Fintech 45

American Banker

JUNE 16, 2023

As it pushes the boundaries of its Midwestern footprint, the Columbus, Ohio-based bank is on pace to book more than 6,000 7(a) loans in SBA's 2023 fiscal year, the biggest total in seven years.

Columbus 41

Columbus Ohio National Lending 41

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

American Banker

JUNE 13, 2023

Vance, R-Ohio, lambasted the Federal Reserve for increasing the dominance of "too big to fail" banks and failing to rein in systemic risk. He asked whether the Office of the Comptroller of the Currency is a better regulator than the Fed.

Ohio 41

Ohio Regulation System Compliance 41

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

SEPTEMBER 7, 2016

First Financial Bancorp in Cincinnati has made Brad Ringwald its president of community banking; named Paul Silva the president of investment commercial real estate; tapped Rick Dennen to oversee the company's national lending businesses; and said Roddell McCullough, director of community development, will take on more responsibility helping determine (..)

Ohio 28

Ohio Leadership Community Bank Community 28

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

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

American Banker

APRIL 25, 2016

Lance Osborne is vying for two board seats at First Niles Financial in Ohio, but he isn’t pushing the thrift to sell itself. Rather, he wants management to pull money out of securities to make more loans.

Ohio 28

Ohio Lending Security Management 28

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

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

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

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

American Banker

APRIL 25, 2016

Lance Osborne is vying for two board seats at First Niles Financial in Ohio, but he isn’t pushing the thrift to sell itself. Rather, he wants management to pull money out of securities to make more loans.

Ohio 28

Ohio Lending Security Management 28