Banks that found their niche lending markets Apr 01st 2020 12:04am on Business, Focus, General, Lending Banks that found their niche lending markets Apr 01st 2020 12:04am on Business, Focus, General, Lending Technology has blurred community banks’ geographic borders for some lending niches—but for others, face-to-face remains the gold standard. These community banks know one size doesn’t always fit all. By Katie Kuehner-Hebert The gold standard for community banks is finding a lucrative lending niche, but how do you decide which delivery channels are best for which […]
What does 2020 have in store for lending? Jan 01st 2020 12:01am on Business, Focus, Lending, Mortgage Varying interest rates and a mixed outlook for the economy kept community bankers on their toes over the past year, but what can they expect lending to look like this year? By Beth Mattson-Teig Community bankers are trying to read the tea leaves on expectations for lending activity in the coming year in the wake […]
Twin City Bank: A leader in banking cannabis Dec 02nd 2019 12:12am on Business, Commercial/Business, Connections, Lending, Regulation & Compliance 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 […]
How Bank of Labor powered an industry sea change Dec 02nd 2019 12:12am on Business, Connections, Lending, Marketing, Membership, Uncategorized With a single loan, Bank of Labor in Kansas City, Kan., changed the lives of a group of lobstermen in Maine, more than 1,500 miles away. The community bank even made an award-winning short film about it. By Margaret Littman It was clear something had to change. A group of lobstermen were waking well before dawn […]
Could hemp be your bank’s next lending market? Oct 01st 2019 12:10am on Agriculture, Business, Focus, Lending The 2018 farm bill opened the floodgates for banks looking to service hemp growers and businesses. But there are still decisions that state and federal regulators, as well as community banks and producers, need to make regarding this market. By Katie Kuehner-Hebert While Congress debates whether banks can serve cannabis-related businesses, the federal government is now […]
Community banks are still in limbo on cannabis Sep 01st 2019 12:09am on Agriculture, Business, Focus, Lending For financial institutions, banking cannabis-related businesses remains in legal purgatory due to conflicting state and federal laws. But some banks are making the business case for banking these customers before federal protections are put in place. By Judith Sears Conflicting federal and state laws are keeping the banking of cannabis-related businesses (CRBs) in limbo. As […]
How your bank can benefit from EXIM Sep 01st 2019 12:09am on Business, Focus, Lending The Export-Import Bank of the United States can assist your community bank in increasing its profits and providing more services to your existing customers while also attracting new ones. By James Burrows You may have heard of the Export-Import Bank of the United States (EXIM) and its support of U.S. companies. But did you know […]
Independent Banker’s most innovative banks of 2019 Aug 01st 2019 12:08am on Banks, Business, Industry Insight, Lending, Products & Services, slide, Technology, Trends These five community banks are all making bold changes in different ways. They’re finding their own forms of pushing the envelope, whether it’s leading the charge in a new line of business or developing high-tech solutions that will benefit the entire community banking industry. What unites them is a willingness to think outside of the box. Based on nominations, here are five community banks that we think are leading the pack when it comes to innovation.
Boosting SBA lending through SBA education: Here’s how May 01st 2019 12:05am on Business, Financial Literacy, Focus, Lending, Membership Several community banks are finding success in schooling potential customers on the ins and outs of SBA lending.
How banks are making the most of small-business lending Mar 01st 2019 12:03am on Banks, Business, Focus, Industry Insight, Lending In the competitive small-business lending marketplace, how do community banks find success? Here are four community banks that are finding their footing
