Tips for a successful PPP audit Aug 01st 2021 12:08am on Business, Commercial/Business, Compliance, Focus, Lending Tips for a successful PPP audit Aug 01st 2021 12:08am on Business, Commercial/Business, Compliance, Focus, Lending 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.
How community banks are serving faith groups Aug 01st 2021 12:08am on Business, General, Lending, Operations & Management, slide Because of the unique funding streams and beliefs of faith-based organizations and their congregations, they carry their own risks and rewards when it comes to lending. Here are how several community banks are serving their customers of various faith traditions.
Who made ICBA’s 2021 list of Top Lenders? Jul 01st 2021 09:07am on Agriculture, Banks, Business, Commercial, Consumer, Industry Insight, Lending, Mortgage, slide The dust from 2020 is finally beginning to settle, and that gives us an opportunity to look back at the hard work community banks put in to serve their customers. Our top lenders made the most of one of the toughest years in recent memory through personal connection, ingenuity and dedication to their communities.
Is CRE lending bouncing back? Jul 01st 2021 12:07am on Consumer, Focus, Lending Commercial real estate lenders had a stellar year in 2019, but the pandemic hurt that momentum. According to experts and the latest data, however, some sectors of the CRE lending market are beginning to move full steam ahead, and deposit-laden community banks, like Cadence Bank, are primed to fulfill that demand.
What young borrowers want in the loan journey Jul 01st 2021 12:07am on Consumer, Focus, Lending Younger borrowers have different expectations when it comes to how they bank and do business. The needs of these digital-first customers are leading some community banks to prioritize digital loan processes that make the loan journey more efficient.
Will 2021 be another banner year for mortgage lending? Jun 01st 2021 12:06am on Lending, Mortgage, slide Even with the disruption of the pandemic, 2020 was a huge year for mortgage lending, with many community banks seeing record numbers of home loans, refinancings and more. The question is whether that momentum will continue.
How your bank can build its construction loan portfolio May 01st 2021 12:05am on Business, Focus, Lending The pandemic significantly changed the landscape for construction lending, but with the possibility of economic recovery on the way, there are opportunities to grow your community bank’s construction portfolio.
ICBA’s best-performing community banks of 2020 May 01st 2021 12:05am on Agriculture, Banks, Business, Consumer, Industry Insight, Lending, Mortgage, slide Independent Banker’s annual listing of America’s best-performing community banks shows that nimble thinking and an adherence to good old-fashioned customer service can bring success, whatever the circumstances.
How BankFirst is adapting to modern spending habits May 01st 2021 12:05am on Business, Connections, Lending, Software, Tech BankFirst has partnered with a fintech company to help consumers track their spending on subscription services, as well as help the community bank grow interchange income and marketing opportunities.
Will recreational lending grow past the pandemic? Apr 01st 2021 12:04am on Consumer, Focus, Lending Many community banks and their dealership customers saw rising demand for recreational loans as consumers, including many first-time buyers, looked to boats, RVs and other vehicles for an escape during the pandemic. Experts say this sector will remain strong this year and beyond.
