Commercial lending

A representative of America's Credit Unions takes issue with a recent article suggesting that credit union commercial lending is excessively risky.

The stock swoon of early August, however, raises red flags and could delay an anticipated rise in loan demand for banks in need of stronger interest income, analysts caution.

The same creativity and flexibility that community development financial institutions bring to business lending ought to be applied to financing affordable housing.

The Long Island-based thrift, long associated with multifamily and CRE lending, saw business lending spike the past year as it onboarded 15 banking teams. Other banks that did significant hiring have also reported more deposits and wider margins.

The agency admitted navigating the different rules and regulations involved in its four existing lines of credit proved time consuming and confusing and kept some lenders from offering them altogether.

After a bloodbath that wiped out several trucking companies, a new U.S. Bank report on the industry signals its fortunes may be turning. The rebound, if sustained, may end the bleeding in bank loans to the sector.

Despite the continuing trends of consolidation and limited startup activity, bankers and industry insiders say there is a path forward. But small lenders must evolve with changing technology.

First Foundation in Dallas recently got a $228 million capital injection led by Fortress Investment Group. Now it's announced plans to pivot away from its heavy focus on multifamily loans, which lost value as interest rates rose.

The Raleigh, North Carolina-based bank grew loans and deposits in the second quarter as it won back business from former customers of the failed Silicon Valley Bank. First Citizens bought the remains of SVB last spring.

The Northeast regional bank missed expectations on net interest income and negatively revised much of its 2024 guidance.