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Now that banks have filed their third quarter financial reports , what did the lending picture look like last quarter? However, Q3 commercial lending is down from the beginning of 2014 (quarter ending 3/31/2014) by about $67 billion. Specifically for businesses, are commercial loans on the rise? Nationally, the picture is a fine one.
In addition to expense-reduction measures, the Wisconsin-based regional bank is selling almost $2 billion of mortgages and securities and will invest in its lending and deposit-gathering capabilities.
Andrew Harmening, who oversaw Huntington's digital strategy, will succeed the retiring Philip Flynn as president and CEO of the Wisconsinregional bank in April.
I’ll be heading to the Wisconsin Bankers Association annual convention and the Independent Bankers Association of Texas regional meetings. I know appraisals can cause delays and increase the cost of the lending process for consumers. Where I’ll be this month. But the good legislative news doesn’t stop there.
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