Sentences with phrase «as big banks»

Our current mortgage provider is offering the same rate as the big bank.

Credit unions will give you a card that is tied to your savings account, and report it as an actual credit card, not a secured card as the big banks will.

If smaller banks don't have to play by the same rules as big banks, we face a race to the bottom in lending standards.

That's a low threshold, especially as big banks usually require at least $ 25.

David Stevens, the MBA's president and CEO, said he is against slicing and dicing business models that favor some special interest groups such as big banks and community banks over others, such as nonbank mortgage lenders, which make up a large part of the MBA's membership.

The number of small - business loans fell dramatically during the recession, as big banks cut off credit to customers they considered risky and many smaller and regional banks that once lent to local business owners shut their doors.

Despite its status as a big bank, Bank of America does not offer the highest - earning interest rates, often not even coming close to the high rates of many online banks.

As evidence, witness this month's launch of Zelle, a new person - to - person (P2P) payment app that could be seen as the big banks» response to Paypal's very successful Venmo.

But perversely, as big banks diversify they become more similar, and the problems inherent in this are also mirrored in nature — in the vulnerabilities of a monoculture.

SoFi is not trying to be known as a big bank on Wall Street.

Such a development could potentially increase personal loan online exposure as big banks implement the same sort of user experience as the fintech companies.

Since most community banks weren't deeply involved in credit default swaps and other esoteric financial engineering, they didn't fall in price as much as the big banks did in 2008.

However, it's a notable indication of interest, as big bank blockchain work has generally been confined to private or permissioned ledgers (though that may be changing).

And even professional services firms bearing a closer resemblance to law firms, such as the big banks, have been ramping up their venture activities in recent years (particularly in fintech) and launching startup incubators and accelerators.