Community banks should seize the moment to innovate in product and process
2018 is shaping out to be a banner year for community banks. Record profits, a solid and growing capital base, major regulatory relief – there are no looming threats that might reverse these favorable trends. Nevertheless, the number of community banks continues to decline and competitive pressure from credit unions and large banks appears to only intensify. Now is the time to deploy some of those record profits and excess capital to securing your future.
Happy Mango Submitted Comments to NCUA on its Proposed Payday Alternative Loans, urging greater flexibility to make affordable loans a sustainable business.
More than 50 million Americans with low or no credit scores cannot access credit from mainstream lenders. An opportunity for lenders to do good and do well.