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Institutions that cling to outdated lending tools run the risk of being left behind by commercial clients who are barraged with opportunities to borrow faster and more conveniently.
October 22LendingFront -
The coronavirus pandemic has spurred more private buyers to acquire senior care homes, and the Oklahoma lender is eager to back them.
October 21 -
Many credit unions offer youth accounts to help establish early banking relationships, but a new account for kids from the nation’s largest bank has raised the level of competition.
October 21 -
The combined institution will serve almost 75,000 members with nearly $660 million in assets.
October 20 -
Southern Bancorp in Arkansas, which raised $35 million in capital from private investors, is out to prove that community development financial institutions can deliver attractive returns and fulfill their missions to help the underserved.
October 19 -
The deal is intended to better help credit unions and other financial institutions improve digital lending capabilities
October 15 -
The Southern California-based credit union would add a fourth branch in the Cowboy State if members of the merging credit union approve the deal.
October 15 -
Duncan-Williams, which serves institutional clients, will help South State expand its correspondent lending operations.
October 15 -
The California-based institution joins a small group of CUs that represent only about 7% of institutions but hold about 70% of industry assets.
October 13 -
The South Carolina company has agreed to buy the parent of Security Federal Bank.
October 11