Community banking

West Virginia bank buys fraud prevention firm

04/20/20

MVB Financial plans to use Paladin Group to advise its bank and a number of its fintech clients.

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CRA reform amid coronavirus would fuel discriminatory lending

04/20/20

Minorities are often hit harder financially during a crisis, but if regulators move forward on revamping the Community Reinvestment Act, they’ll only make matters worse.

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Hundreds of thousands of emergency small-business loan applications in limbo

04/16/20

The Small Business Administration stopped approving loans when the Paycheck Protection Program hit its cap.

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Dear Congress: Don’t let initial PPP be final word on small-business aid

04/15/20

The SBA’s Paycheck Protection Program is nearly depleted, but there are ways small banks and fintechs, with help from Congress, can remedy the situation.

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The difference during this crisis? Customers trust their banks.

04/14/20

Unlike in 2008, banks have become a steady force during the coronavirus pandemic.

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Codorus Valley warns of loan loss after alleged borrower fraud

04/14/20

The Pennsylvania company said it faces $7.5 million in potential exposure from a commercial lending relationship.

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Banks meet ‘mad scramble’ for loan deferments, but at what cost?

04/13/20

By helping borrowers now, banks hope customers can quickly catch up on payments once the coronavirus pandemic ends. If they can’t, interest income will remain low and charge-offs could pile up if the crisis drags on.

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Small banks don't have to take a backseat to fintechs

04/13/20

A combination of digital and cloud capabilities, data gathering and regulatory experience should give smaller banks an edge over nonbanks.

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Fed facility gives banks more room to make emergency loans

04/09/20

Many banks were hitting their limits for lending to small businesses devastated by the coronavirus outbreak. They say the Fed's decisions to help fund additional loans and relax capital requirements will resolve many of their problems.

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This is no time for CRA reform

04/08/20

Community advocates would like to see changes to the 1977 Community Reinvestment Act, but say regulators should suspend such efforts until the coronavirus pandemic has passed.

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