BCU’s Post

River City Bank: Thinking big while staying grounded! 💸 💼 Experiencing rapid growth in recent years, the bank's commercial real estate loans now make up 660% of its capital. With the level of market downturn, banks are facing challenges in refinancing, especially in California's office markets which have been impacted by the pandemic. Michael Imerman, faculty director of the master of finance program here at the Merage School of Business, warns that "small banks cater to a specific clientele and that can lead to an age-old problem: concentration risk". #UCIMerage Read more here: https://bit.ly/3W3Tqft

We know Community Banks work hard in the communities we live in, that hard work shows through our clients satisfication. According to the Federal Reserve’s Small Business Credit Survey: Report on Employer Firms, community banks are the small business lender of choice. 81% of community bank loan applicants were satisfied with their experience, compared with 68% at large banks, 62% at finance companies, and 48% at online lenders. Community banks’ net satisfaction score of 77% topped large banks by 15 points, finance companies by 25 points, and online lenders by 48 points. CollinHiggins@arborbanking.com arborbanking.com

Vow #4 “For Richer, For Poorer” Or, in our case, “For Richer, For Richer,” because every finance company is committed to helping their customers thrive financially. What are your thoughts on this clever twist of words? 😁 #vowwithcreditville #amplifycopywriting

Breaking: Dogwood State Bank is buying Community First of South Carolina. It's a big deal, as in addition to deposits, Dogwood gets a stronger foothold in SC. Dogwood, you may recall, is a new Carolinas-focused bank headquartered in #Raleigh, the product of a handful of ex-Yadkin bankers and the former Sound Bank. This is the first acquisition in the bank's history, though as its top exec told me, it's basically been adding a community bank a year just through organic growth. If analysts are right about 2024, we'll see more deals like this. And yes, it matters. Community banks fund... well, the community. And the sector has seen a lot of changes in the past year, so what happens next matters to local businesses, likely including yours. Our exclusive chat with CEO Steve Jones: https://lnkd.in/eJXDv346 att: North Carolina Bankers Association Federal Deposit Insurance Corporation (FDIC)

Best rates in Omaha and northeast Nebraska!

Don't miss out tomorrow, September 25th, from 9 AM - 11:30 AM in Boise, hosted by the SBA Boise District Office and Zions Bank. Our Director of Relationships & Marketing, Scott Madsen, will discuss community capital alternatives to lending during the 9:30 panel session with traditional and alternative lenders offering insights into loan programs and borrower expectations. Registration link in comments below. #AreYouLenderReady #BusinessLoans #FinancialSuccess #CommunityCapital #BorrowerEducation

Great to see this post

Check out the latest analysis I worked on with my colleagues at New Economy Project. We found that the big banks the City of New York does business with are charging Black mortgage borrowers higher interest rates than white borrowers, even when controlling for income and household debt. We don't need to do business with banks that reinforce structural racism. This is why we are calling on the city to create a #publicbank to divest from Wall Street banks and invest directly in Black and brown communities through partnership with CDFIs and credit unions. Check out the analysis: https://lnkd.in/eiTeXwgz

Check out this testimonial from the Managing Partner at DCA Partners! 

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