Community banks

ICBA urges Congress to turn up the heat on credit unions during upcoming meetings

02/26/20

The banking group issued lawmakers a guide on questions to ask when credit union executives visit Capitol Hill this week.

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Fintechs are banking's Transformers. And banks aren’t ready.

02/26/20

Fintechs like LendingClub and Varo Money illustrate how the traditional financial system is changing. Banks that don’t rapidly evolve with technology will be obsolete.

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CRA reforms would bolster CDFI-bank relationships

02/25/20

Giving more Community Reinvestment Act credit to such partnerships will help low-income communities, despite industry concerns.

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Bad loan erases fourth-quarter profit at CrossFirst in Kansas

02/24/20

The company revised its results to a net loss of $700,000 after deciding to record a $16 million loan-loss provision for the commercial loan.

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Election 2020: Is nightmare scenario closer to reality for banks?

02/23/20

Bernie Sanders’ rise to front-runner status for the Democratic nomination worries many bankers, but their opinions diverge on his electoral chances and whether a Sanders presidency would pose a direct threat.

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Small banks play swaps middlemen in bid to boost fee income

02/23/20

Community banks are entering the business as intermediaries to counter the pinch of low loan yields and intense competition on spread income.

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PNC gets sued, LendingClub buys bank, regulators spar: Top stories of the week

02/21/20

Tech firm accuses PNC of stealing trade secrets; online lender LendingClub agrees to acquire Radius Bank; questions arise whether regulators are turning more partisan; and more from this week's most-read stories.

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Over bankers' protests, SBA pushes ahead with lending rule rewrite

02/20/20

Lawmakers have also criticized the agency's decision to create qualifying standards for farmers and other small businesses.

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A vetting guide for banks mulling fintech partnerships

02/19/20

The game has changed and bank executives will have to do more homework before striking a deal.

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Three executive defections, one angry investor at New York bank

02/14/20

Hanover Bancorp is facing a proxy battle after its CFO and two other bankers bolted to a rival.

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