Many community banks embraced the Paycheck Protection Program, building new relationships and deepening existing ones. While the onus of forgiveness is on the borrowers, PPP lenders need to be prepared for the program’s unique auditing challenges.
Making sure your community bank’s commercial loans are compliant may mean borrowing strategies from the world of consumer loans.
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Twin City Bank in Longview, Wash., has been serving marijuana-related businesses for more than five years, making it a veteran in such a new—and quickly growing—industry. By Katie Kuehner-Hebert Name: Twin City Bank Assets: $58 million Location: Longview, Wash. Twin City Bank in Longview, Wash., has been banking marijuana-related businesses (MRBs), also referred to as cannabis-related […]
SPONSORED | As fintechs continue to expand their influence and increase market share, innovation is not just a path to success – it’s a survival mechanism.
For eight years, provisions of the Dodd-Frank Act have made offering home mortgages more difficult and time-consuming. But those rules are changing, creating more opportunity and competition for community banks in the mortgage market.
Nascent blockchain technology could have a profound impact on how your community bank manages growing regulatory compliance demands.
Done efficiently, pricing commercial credits on cash flow expectations rather than loan terms sometimes provides a winning margin By Katie Kuehner-Hebert For many community banks, net interest margins are in the basement. Pricing competition for loans has been remarkably tough for years, particularly for commercial loans. “Community banks are throwing their hands up in the […]