Sentences with phrase «community bankers»
The phrase "community bankers" refers to people who work in the banking industry and focus on providing financial services to their local community or neighborhood. They usually work for small, locally based banks and have a close connection with the people they serve. Full definition
Your local community banker can explain available mortgage options - including rate adjustments, fees and other loan features — so you are prepared for the loan closing and not surprised down the road.
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And community bankers point to the strength of their relationship banking model, which can be an advantage in some markets, such as small business lending.
Community bankers rely on maintaining long - term relationships with the customers and families who live and work in their same communities.
It's not a lot of time to prepare,» said Linda Echard, president and CEO of ICBA Bancard, an affiliate of Independent Community Bankers of America, a trade group of small community banks.
«This was a victory for community banks,» Christopher Cole, senior regulatory counsel at the Independent Community Bankers Association of America, said of the FDIC's «Questions and Answers» document released Thursday.
The National Conference for Community Bankers (NCCB) is the premier event developed for — and by — community bank CEOs.
Last week, the president sat down with community bankers at the White House to find out how his administration can clear obstacles to their lending.
Community bankers across the nation are available to help customers succeed and thrive in their financial lives.»
«Community bankers work with their customers and help give advice on finding mortgages borrowers can afford,» Hartings says.
In 1994, a fund run by Community Bankers Mutual Fund of Denver invested in securities that defaulted.
Community bankers from across the nation are in Washington this week to advocate immediate passage of meaningful regulatory relief as part of ICBA's 2018 Capital Summit.
A recent survey by financial - services firm Grant Thornton found that 73 % of community bankers reported that serving the small - business market was essential to their growth strategies.
Earlier this month, community bankers descended on Congress to meet with many of the 67 Senators who voted for the Dodd Frank rewrite, seeking their backing for other changes.
Also on that list are Assemblyman Adam Clayton Powell IV and Assemblyman Keith Wright; Harlem community banker Vincent Morgan has already declared his candidacy for the seat.
A Chinatown community banker is taking on U.S. Rep. Nydia Velazquez in next year's Democratic Primary.
But Morgan, a 44 - year - old former community banker and former chairman of the 125th Street Business Improvement District, is making a campaign issue of the violations at property owned by Dickens and her family.
In 1951, America's Community Bankers first published The Federal Guide, a compilation of the most important federal laws, regulations, rulings and interpretations affecting the operation of savings institutions and co-operative banks.
«Neither Freddie Mac nor Fannie Mae should use the benefits of their quasi-governmental status to discourage competition among private sector participants,» America's Community Bankers says.
The final tally is in, and community bankers held more than 325 meetings with members of Congress and staff during this week's 2018 ICBA Capital Summit.
Every thing from a credit line to buy standing timber (try to get that from anyone but a GREAT community banker) to 8 figure LOC's to buy foreclosures at courthouse steps.
Fortunately, switching those services over to your new bank just takes a little bit of paperwork and good timing, says Ware of the Independent Community Bankers of America.
«When you're dealing with something like the bankruptcy issue, where all lenders stand pretty much in the same shoes, it shouldn't be a surprise when the smaller and larger banks find common cause,» said Steve Verdier, a lobbyist for the Independent Community Bankers Association.
Unless the institution you've chosen is an online bank, open the account in person, says Viveca Ware, senior vice president of regulatory policy for the Independent Community Bankers of America.
«Community bankers work with their customers and help give advice on finding mortgages borrowers can afford,» Buhrmaster says.
What began as an attempt by community bankers to get a free pass from the qualified - mortgage rules imposed by the Dodd - Frank Act has expanded to include the biggest banks.
«Your local community banker can also serve as a valuable resource in helping assess your financial preparedness in the event of a natural disaster,» Romero Rainey adds.
Community bankers across the country can help their neighbors in their local community find mortgages that fit their financial needs, budgets and lifestyles.»
Scott Latham, president and CEO of the Community Bankers Association of Alabama, said the about - face after 80 years will increase the cost of credit.
Karen Thomas, senior executive vice president for government relations and public policy at the Independent Community Bankers of America, said most of its members still feel it's too risky to take the plunge.
The Community Bankers Association (CBA) says they want to be let off the hook if a robocall is made to the wrong cellphone number by mistake.
The Independent Community Bankers of America (IBCA) trade group surveyed its membership in mid-October and found that 60 % reported an increase in account openings by customers citing frustrations with large banks.
Trump will also name Michelle Bowman, the Kansas bank commissioner, to a spot on the Fed's Board of Governors reserved for a community banker or community bank regulator.
Community banks worth less than $ 10 billion account for 10 % of the industry by assets but make about 60 % of the loans to small businesses, according to the Independent Community Bankers of America.
Such sentiment was recently echoed by the CEO of the Independent Community Bankers of America.
If you're interested in pursuing a community banker, don't wait to run into the right person at your child's next Little League game.
That's an assessment they disagree with, but Frank said GOP House members now will be hard - pressed to reject the wishes of their community bankers, who have called on House Speaker Paul Ryan, R - Wis., to bring the Senate bill up for a vote.
With big banks hugely unpopular, the key opponents of cramdown were the nation's community bankers, who argued that the law would force them to raise mortgage rates to cover the potential losses.
«If Dodd - Frank was written exactly as it's written except there was no Consumer Financial Protection Bureau, no Title X of the law, community banks really wouldn't feel much of the impact from Dodd - Frank — it would be marginal at the most,» said Camden Fine, president and chief executive of the Independent Community Bankers of America.
Shelby didn't offer many specifics about the package or where the process stands with fellow lawmakers on his committee, but did signal a few areas of interest at an Independent Community Bankers of America conference in Washington.
«If the QM rules were revised to allow portfolio loans to be counted as QM, that is consumer protection,» said John Buhrmaster, president of the First National Bank of Scotia and chairman of the Independent Community Bankers of America.
Ron Haynie, vice president of mortgage finance policy at the Independent Community Bankers of America, said if a bank is willing put up private capital and hold a loan in portfolio, then it has a vested interest in making sure a borrower can repay.
Community bankers have been seeking exceptions especially for balloon loans, which exist now but will expire in April 2016 unless renewed.
Fine added that «community bankers are not afraid of the competition» if the largest banks were forced to operate on a level playing field.
Paul Merski, who heads congressional relations at the Independent Community Bankers of America, an industry group, told me there is a lot of relief in the mortgage - lending space in the bill specifically.
You can do that with a community banker, but it's tough to do it online with someone you've never met.»
Hensarling has made revisions to the bill and was open to suggestions from small bankers, said Camden Fine, president of the Independent Community Bankers of America.