CFPB Monitor

AUGUST 31, 2023

The Department of Justice (DOJ) announced that it has entered into a settlement with American Bank of Oklahoma (ABOK) to resolve allegations that ABOK engaged in unlawful redlining in Tulsa, Oklahoma. The DOJ opened its investigation of ABOK after receiving a referral from the FDIC.

Tulsa 88

Tulsa Oklahoma FDIC Lending 88

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

APRIL 23, 2020

Below, PYMNTS rounds up the latest solutions that FinTechs and lenders are developing to ease the PPP lending process for SMBs and FIs alike, with many initiatives focused on enabling regional and community banks to maintain a competitive edge against the biggest banks. Citizens Bank Of Edmond. Funding Xchange, Experian. In the U.K.,

Fresno 142

Fresno Regional Fintech Lending 142

Abrigo

OCTOBER 21, 2019

Once only accessible to large financial institutions and digital-only banks, today’s technology affords smaller financial institutions the opportunity to level the playing field by automating the lending process to get money in customers’ hands sooner. Technology, like banking, isn’t “one-size-fits-all.”

Oklahoma 218

Oklahoma Millennials Innovation Technology 218

PYMNTS

OCTOBER 25, 2016

Credit card companies have not been shy when it comes to lending to subprime customers , but according to new data from TransUnion, that strategy is starting to backfire for the credit card issuers. Lenders increased the amount of lending it did to subprime customers starting in 2014 and continued to do so more recently.

Cards 100

Cards Company Wyoming Oklahoma 100

Abrigo

AUGUST 3, 2017

For perspective, a mere 4 banks have opened since 2011, and two of those were in 2017 alone: both International Bank of Commerce of Oklahoma City, OK, and Blue Gate Bank of Costa Mesa, CA, opened in January 2017. Monk writes that there were 6 applications for deposit insurance in 2016.

Oklahoma City 150

Oklahoma City FDIC Handbook Oklahoma 150

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

JULY 23, 2024

The Oklahoma-based bank also struck an upbeat tone on economic conditions and credit quality after it reported a sharp quarter-over-quarter increase in net income.

Oklahoma 77

Oklahoma Report Lending 77

PYMNTS

AUGUST 8, 2019

The New York State Department of Financial Services (NYDFS) has announced it will lead a multi-state investigation into alleged violations of state regulations of the short term lending industry, specifically in the area of payroll advances.

Puerto Rico 134

Puerto Rico Regulation New York South Dakota 134

American Banker

OCTOBER 25, 2023

The Oklahoma-based bank is projecting a modest uptick in spending alongside continuing loan growth. Many other banks are tightening the purse strings amid weaker loan demand.

Oklahoma 78

Oklahoma Lending 78

American Banker

JANUARY 29, 2021

A rule change that allows farms with just one employee tap the Paycheck Protection Program means more pandemic relief funds are flowing into such states as Nebraska, Oklahoma, Wyoming and North Dakota.

North Dakota 78

North Dakota Wyoming Nebraska Oklahoma 78

Jack Henry

FEBRUARY 25, 2015

CEOs and Chief Lending Officers, have you ever met a young lender that seemed to see his/her shadow while out on a business development call? In the last 60 days, I had several conversations with bank executives in Minneapolis, Oklahoma City, Fresno and Atlanta on that very topic. lenders loan growth commercial lending'

Oklahoma City 60

Oklahoma City Fresno Oklahoma Minneapolis 60

CB Insights

OCTOBER 26, 2017

California-based lending unicorn SoFi is the most well funded fintech company with just over $2B raised since 2011. LumoXchange (Arkansas, $200k raised) and CreditPoint Software (Oklahoma, $1.1M Unicorns on the map include SoFi in California, Oscar in New York, Avant in Illinois, Kabbage in Georgia, and AvidXchange in North Carolina.

United States 78

United States Fintech North Carolina Rhode Island 78

CFPB Monitor

AUGUST 7, 2019

In its press release, the DFS claims that the investigation will look into “allegations of unlawful online lending” and “will help determine whether these payroll advance practices are usurious and harming consumers.” Oklahoma Department of Consumer Credit. Maryland Office of the Commissioner for Financial Regulation.

Industry 92

Industry Puerto Rico South Dakota North Dakota 92

Jeff For Banks

MARCH 29, 2014

Lending services include commercial loans to small to medium-sized businesses and professional concerns as well as consumers. The Company’s market areas outside of Houston, Dallas, Corpus Christi, San Antonio, Austin and Central Oklahoma are dominated by either small community banks or branches of large regional banks.

Strategy 99

Strategy Texas San Antonio Fort Worth 99

American Banker

AUGUST 29, 2023

DOJ cites American Bank of Oklahoma's lending record, as well as racially inflammatory emails it claims bank employees forwarded, in support of its redlining claims.

Oklahoma 36

Oklahoma Lending Community Bank Community 36

Independent Banker

OCTOBER 14, 2014

Robust online mortgage websites embrace today’s lending challenges as well as consumer needs. I still do a lot of lending myself,” Michelotti says. a third party in Oklahoma City that accepted 425 mortgage applications for D.L. Now such mortgage lending preliminaries are handled online. Your Lending Resources.

Community Bank 70

Community Bank Lending Community Oklahoma City 70

Independent Banker

FEBRUARY 25, 2015

Texas and Oklahoma banks “got killed in the mid-1980s,” he says. Happy State Bank’s 32 offices are spaced over 500 miles, giving the bank’s lending portfolio geographic diversity. Today, Happy State Bank lends more conservatively as oil prices move higher. General Lending Web Exclusives' Pat Hickman, Happy State Bank.

North Dakota 70

North Dakota Texas Louisiana Community Bank 70

PYMNTS

JUNE 27, 2019

“Being in Boston, Massachusetts, I’m much less likely to invest in a restaurant in Oklahoma if the same business was right next to me,” Mathews said. “The aspect of localization creates almost a sense of meritocracy, allowing market validation to be moved much earlier in the process, and aligned with fundraising.”

Capital 145

Capital Community Oklahoma Maine 145

CB Insights

MARCH 13, 2019

valuation), Nuro ($2.7B), alternative lending startup Avant ($1.9B), AI-powered predictive sales acceleration platform InsideSales.com ($1.7B), salestech startup Afiniti ($1.6B), healthcare startup Butterfly Network ($1.3B), and data analytics company Dataminr ($1.2B). New Hampshire. New Jersey. Opera Solutions. New Mexico.

United States 78

United States Rhode Island Massachusetts Connecticut 78

CFPB Monitor

SEPTEMBER 21, 2020

Nikitra Bailey, EVP, Center for Responsible Lending (Durham, NC). Ronette Hauser-Jones, Mortgage Division President, Great Plains Bank (Oklahoma City, OK). Bruce Ocko, Senior VP Director of Mortgage & Consumer Lending, Bangor Savings Bank (Bangor, ME). Shan Hayes, President and CEO, Heartland Tri-State Bank (Elkhart, KS).

DC 78

DC Mississippi Washington Oklahoma City 78

American Banker

SEPTEMBER 28, 2016

Gary "Litefoot" Davis, a member of the Cherokee Nation in Oklahoma and a music and on-screen personality, was named executive director of the Native American Financial Services Association.

Oklahoma 28

Oklahoma Groups Lending National 28

Bank Innovation

JULY 7, 2016

A trifling blogger on banking innovation writes to the Office of the Comptroller of the Currency, despite its historically apathetic view on such matters.

Innovation 247

Innovation Oklahoma social media Operations 247

Independent Banker

APRIL 30, 2022

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. Oklahoma City. based bank attributes its growth to a hot housing market, its focus on builder and home mortgage lending, and the economic success in its markets. “We

Community Bank 172

Community Bank Community Montana Taxes 172

PopularBank

JUNE 16, 2022

Based in Atlanta, Greenwood takes its name from Tulsa, Oklahoma’s Greenwood District. Together, the companies plan to build a networking platform that will support community lending, entrepreneurship, and wealth building. Since March 2021, Popular, Inc. A mission-driven minority owned bank. Popular, Inc.

Tulsa 52

Tulsa Atlanta Community Oklahoma 52

American Banker

OCTOBER 21, 2020

The coronavirus pandemic has spurred more private buyers to acquire senior care homes, and the Oklahoma lender is eager to back them.

Oklahoma 31

Oklahoma Strategy Lending 31

American Banker

AUGUST 24, 2016

Several lenders are attempting to recover a combined total of nearly $500 million from the estate of the deceased chief executive of an Oklahoma energy company.

Oklahoma 28

Oklahoma Company Regional National 28

Fintech Labs Insights

AUGUST 6, 2015

Lending Club provided investors with plenty to think about in its Q2 2015 earnings conference call this week. Here are a few of the highlights from a second quarter that saw Lending Club reach $11.2 Opened to investors in Texas, Arizona, Arkansas, Iowa, and Oklahoma. billion in total originations. Renaud Laplanche is CEO.

Lending 12

Lending North Dakota Report Nebraska 12

NCR

APRIL 15, 2016

In fact, the extremely personalized nature of most social tools and technologies lends itself to strategies and tactics that are customized to meet specific needs in specific markets. For example, we earlier profiled Jill Castilla, President and CEO of Citizens Bank of Edmond, Oklahoma.

social media 40

social media Conference Oklahoma Tools 40

Filene

SEPTEMBER 29, 2016

Local Host: Oklahoma Central Credit Union. QCash - An omni-channel lending solution that offers relationship based underwriting (without credit check) to members in search for small, short-term unsecured loans. 1:00 p.m. - Filene Host: Jimese Harkely. Click the arrow below to REGISTER for this event: WHAT IS AN IMPACT ROADSHOW?

Tulsa 28

Tulsa social media Oklahoma Innovation 28

MyBankTracker

MAY 23, 2020

APRs are lower than predatory lending options. If you’re considering applying for a personal loan, this review will cover everything you need to know about Opploans. Designed for borrowers with bad or no credit. On-time payments can help build credit. APR is still extremely high compared to typical personal loans. Borrowing Amounts.

Rhode Island 52

Rhode Island Nebraska Alabama South Dakota 52

Fintech Labs Insights

OCTOBER 19, 2015

HQ: Oklahoma City. Tags: Enterprise, underwriting, credit, lending, analytics, API, Life.SREDA (investor). Source: TechCrunch. Alt-lender to small businesses. HQ: Atlanta, Georgia. Latest round: $135 million at $1 billion valuation. Total raised: $600 million. Source: Finovate. Secure messaging for financial services. million Seed.

New York City 12

New York City Company Fintech New York 12

CB Insights

OCTOBER 10, 2017

Oklahoma — #12 in Credit Karma searches. We talk about this sometimes — what about payday lending, what about some of these other lending instruments where the typical consumer would say, well that’s bad,” founder Kenneth Lin told Fast Company, “But what if you have really poor credit? Mississippi — #1 in Credit Karma searches.

Tools 78

Tools Millennials US Maine 78

American Banker

APRIL 26, 2023

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Oklahoma 36

Oklahoma Lending 36

PYMNTS

SEPTEMBER 22, 2020

Some of those cases involved an Oklahoma law that set different drinking ages for men and women, a Social Security administration policy that paid widowers with young children less in survivor benefits than widows with young children, and military policies that offered female service members smaller housing allowances than their male counterparts.

Cards 350

Cards Policies Idaho DC 350

Gonzobanker

DECEMBER 19, 2017

GonzoBanker of the Year – The Gonzo team would like to salute the career of David Rainbolt of BancFirst in Oklahoma. The Real “Lending” Stock Award – Goes to longtime player LendingTree. Oh, by the way, that Fintech darling of two years ago Lending Club? THE BANKING AWARDS. It had another turd of a year. At a banking conference.

Conference 85

Conference Industry Community Bank Community 85

Fintech Labs Insights

SEPTEMBER 21, 2015

HQ: Oklahoma City, Oklahoma. Risk management for P2P lending. Tags: Consumer, lead gen, lending, mortgage. Small business loan marketplace. HQ: New York City. Latest round: $11.5 million Series B. Total raised: $14.9 Source: Crunchbase. Alkami Technology. Digital banking solutions. Latest round: $11 million. AlphaClone.

New York City 12

New York City San Francisco Company New York 12