DOCSLIB.ORG

Apr FY21 Lender Stats

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Apr FY21 Lender Stats FY21 Top Lenders SBA Tennessee District Office Loan Volume and Dollar www.sba.gov/tn 1 Oct 2020 thru 30 April 2021 Top 10 Lenders by Loan Volume LENDER NAME Gross Amount Loan Count Pinnacle Bank $28,374,400.00 24 U.S. Bank, National Association $4,682,900.00 17 United Midwest Savings Bank, National Assoc $2,370,000.00 17 Brightbridge, Inc. $16,539,100.00 14 Regions Bank $11,944,800.00 9 Capstar Bank $10,969,600.00 9 Byline Bank $5,978,000.00 8 Celtic Bank Corporation $8,206,700.00 7 First Horizon Bank $8,357,200.00 6 Wells Fargo Bank, National Association $5,123,000.00 6 Top 10 lenders by Dollar Amount LENDER NAME Loan Count Gross Amount Pinnacle Bank 24 $28,374,400.00 Brightbridge, Inc. 14 $16,539,100.00 Regions Bank 9 $11,944,800.00 Live Oak Banking Company 5 $11,025,000.00 Capstar Bank 9 $10,969,600.00 First Horizon Bank 6 $8,357,200.00 Celtic Bank Corporation 7 $8,206,700.00 Harvest Small Business Finance, Llc 2 $7,400,000.00 South Central Tennessee Business Developmen 3 $6,421,000.00 Byline Bank 8 $5,978,000.00 Lender ranking by loan volume SBA Tennessee District Office 1 Oct 2020 thru 30 April 2021 www.sba.gov/tn Lender Name Gross Amt Loan Count Pinnacle Bank $28,374,400.00 24 U.S. Bank, National Association $4,682,900.00 17 United Midwest Savings Bank, National Assoc $2,370,000.00 17 Brightbridge, Inc. $16,539,100.00 14 Regions Bank $11,944,800.00 9 Capstar Bank $10,969,600.00 9 Byline Bank $5,978,000.00 8 Celtic Bank Corporation $8,206,700.00 7 First Horizon Bank $8,357,200.00 6 Wells Fargo Bank, National Association $5,123,000.00 6 Live Oak Banking Company $11,025,000.00 5 Renasant Bank $3,820,900.00 5 North State Bank $2,105,500.00 5 The Huntington National Bank $1,265,500.00 5 Cadence Bank, National Association $1,225,000.00 5 Dogwood State Bank $5,586,900.00 4 Guaranty Bank & Trust Company $4,522,600.00 4 First Financial Bank $3,010,000.00 4 Citizens Bank $1,834,500.00 4 Newtek Small Business Finance, Inc. $996,000.00 4 The First Bank And Trust Company $787,300.00 4 Bankfirst Financial Services $547,400.00 4 South Central Tennessee Business Developmen $6,421,000.00 3 Customers Bank $5,912,000.00 3 Community Trust Bank, Inc. $5,582,800.00 3 Fountainhead Sbf Llc $4,071,600.00 3 Tennessee Business Development Corporation $3,937,000.00 3 First Bank Of The Lake $2,704,000.00 3 First Savings Bank $1,490,000.00 3 Synovus Bank $1,477,800.00 3 Harvest Small Business Finance, Llc $7,400,000.00 2 Southern Bancorp Bank $3,734,500.00 2 Berkshire Bank $3,700,000.00 2 Reliant Bank $2,460,900.00 2 Heritage Bank, A Division Of $2,161,400.00 2 Fund-Ex Solutions Group, Llc $1,755,500.00 2 First-Citizens Bank & Trust Company $1,402,300.00 2 Meridian Bank $1,126,000.00 2 Bancorpsouth Bank $900,000.00 2 Mid-Cumberland Area Development Corporation $670,000.00 2 United Community Bank $590,000.00 2 Peoples Bank $587,800.00 2 Community Bank Of Mississippi $450,000.00 2 First Home Bank $251,000.00 2 Lender ranking by loan volume SBA Tennessee District Office 1 Oct 2020 thru 30 April 2021 www.sba.gov/tn First Internet Bank Of Indiana $250,000.00 2 Capital Access Corporation - Kentucky $4,926,000.00 1 Home Loan Investment Bank, F.S.B. $3,890,000.00 1 Republic Bank & Trust Company $2,710,500.00 1 First Business Bank $2,230,000.00 1 Umpqua Bank $2,227,500.00 1 First Bank $1,842,000.00 1 Paragon Bank $1,380,000.00 1 Georgia Certified Development Corporation $1,348,000.00 1 First Commercial Bank $1,180,000.00 1 Independent Bank $760,000.00 1 Radius Bank $740,000.00 1 Incrediblebank $725,000.00 1 Ameris Bank $700,000.00 1 Hometrust Bank $630,000.00 1 The Bancorp Bank $580,300.00 1 Bank Five Nine $578,000.00 1 Mckenzie Banking Company $522,000.00 1 Open Bank $520,000.00 1 Provident Business Financial Services, Inc. $465,000.00 1 Stearns Bank National Association $455,000.00 1 South State Bank, National Association $447,800.00 1 Areawide Development Corporation $400,000.00 1 First Farmers And Merchants Bank $350,000.00 1 Readycap Lending, Llc $350,000.00 1 Wayne County Bank $350,000.00 1 Bank Of Bartlett $340,000.00 1 Truist Bank D/B/A Branch Banking & Trust Co $327,400.00 1 Gulf Coast Bank And Trust Company $316,000.00 1 Spirit Of Texas Bank, Ssb $306,600.00 1 Metro City Bank $300,000.00 1 Stone Bank $286,000.00 1 Jpmorgan Chase Bank, National Association $225,000.00 1 First Chatham Bank $221,000.00 1 First Service Bank $160,500.00 1 Tower Community Bank $140,500.00 1 West Town Bank & Trust $120,000.00 1 Mountain Commerce Bank $45,000.00 1 Grand Total $231,403,000.00 261 Lender ranking by Dollar Amount SBA Tennessee District Office 1 Oct 2020 thru 30 April 2021 www.sba.gov/tn Row Labels Sum of Loan Count Sum of Orig Gross Amt Pinnacle Bank 24 $28,374,400.00 Brightbridge, Inc. 14 $16,539,100.00 Regions Bank 9 $11,944,800.00 Live Oak Banking Company 5 $11,025,000.00 Capstar Bank 9 $10,969,600.00 First Horizon Bank 6 $8,357,200.00 Celtic Bank Corporation 7 $8,206,700.00 Harvest Small Business Finance, Llc 2 $7,400,000.00 South Central Tennessee Business Developmen 3 $6,421,000.00 Byline Bank 8 $5,978,000.00 Customers Bank 3 $5,912,000.00 Dogwood State Bank 4 $5,586,900.00 Community Trust Bank, Inc. 3 $5,582,800.00 Wells Fargo Bank, National Association 6 $5,123,000.00 Capital Access Corporation - Kentucky 1 $4,926,000.00 U.S. Bank, National Association 17 $4,682,900.00 Guaranty Bank & Trust Company 4 $4,522,600.00 Fountainhead Sbf Llc 3 $4,071,600.00 Tennessee Business Development Corporation 3 $3,937,000.00 Home Loan Investment Bank, F.S.B. 1 $3,890,000.00 Renasant Bank 5 $3,820,900.00 Southern Bancorp Bank 2 $3,734,500.00 Berkshire Bank 2 $3,700,000.00 First Financial Bank 4 $3,010,000.00 Republic Bank & Trust Company 1 $2,710,500.00 First Bank Of The Lake 3 $2,704,000.00 Reliant Bank 2 $2,460,900.00 United Midwest Savings Bank, National Assoc 17 $2,370,000.00 First Business Bank 1 $2,230,000.00 Umpqua Bank 1 $2,227,500.00 Heritage Bank, A Division Of 2 $2,161,400.00 North State Bank 5 $2,105,500.00 First Bank 1 $1,842,000.00 Citizens Bank 4 $1,834,500.00 Fund-Ex Solutions Group, Llc 2 $1,755,500.00 First Savings Bank 3 $1,490,000.00 Synovus Bank 3 $1,477,800.00 First-Citizens Bank & Trust Company 2 $1,402,300.00 Paragon Bank 1 $1,380,000.00 Georgia Certified Development Corporation 1 $1,348,000.00 The Huntington National Bank 5 $1,265,500.00 Cadence Bank, National Association 5 $1,225,000.00 First Commercial Bank 1 $1,180,000.00 Lender ranking by Dollar Amount SBA Tennessee District Office 1 Oct 2020 thru 30 April 2021 www.sba.gov/tn Meridian Bank 2 $1,126,000.00 Newtek Small Business Finance, Inc. 4 $996,000.00 Bancorpsouth Bank 2 $900,000.00 The First Bank And Trust Company 4 $787,300.00 Independent Bank 1 $760,000.00 Radius Bank 1 $740,000.00 Incrediblebank 1 $725,000.00 Ameris Bank 1 $700,000.00 Mid-Cumberland Area Development Corporation 2 $670,000.00 Hometrust Bank 1 $630,000.00 United Community Bank 2 $590,000.00 Peoples Bank 2 $587,800.00 The Bancorp Bank 1 $580,300.00 Bank Five Nine 1 $578,000.00 Bankfirst Financial Services 4 $547,400.00 Mckenzie Banking Company 1 $522,000.00 Open Bank 1 $520,000.00 Provident Business Financial Services, Inc. 1 $465,000.00 Stearns Bank National Association 1 $455,000.00 Community Bank Of Mississippi 2 $450,000.00 South State Bank, National Association 1 $447,800.00 Areawide Development Corporation 1 $400,000.00 First Farmers And Merchants Bank 1 $350,000.00 Readycap Lending, Llc 1 $350,000.00 Wayne County Bank 1 $350,000.00 Bank Of Bartlett 1 $340,000.00 Truist Bank D/B/A Branch Banking & Trust Co 1 $327,400.00 Gulf Coast Bank And Trust Company 1 $316,000.00 Spirit Of Texas Bank, Ssb 1 $306,600.00 Metro City Bank 1 $300,000.00 Stone Bank 1 $286,000.00 First Home Bank 2 $251,000.00 First Internet Bank Of Indiana 2 $250,000.00 Jpmorgan Chase Bank, National Association 1 $225,000.00 First Chatham Bank 1 $221,000.00 First Service Bank 1 $160,500.00 Tower Community Bank 1 $140,500.00 West Town Bank & Trust 1 $120,000.00 Mountain Commerce Bank 1 $45,000.00 Grand Total 261 $231,403,000.00 Lender Ranking by Dollar SBA Tennessee District Office 7A Program www.sba.gov/tn 1 Oct 2020 thru 30 April 2021 Sum of Major Loan Row Labels Program Count Sum of Orig Gross Amt Pinnacle Bank 7(A) 24 $28,374,400.00 Regions Bank 7(A) 9 $11,944,800.00 Live Oak Banking Company 7(A) 5 $11,025,000.00 Capstar Bank 7(A) 9 $10,969,600.00 First Horizon Bank 7(A) 6 $8,357,200.00 Celtic Bank Corporation 7(A) 7 $8,206,700.00 Harvest Small Business Finance, Llc 7(A) 2 $7,400,000.00 Byline Bank 7(A) 8 $5,978,000.00 Customers Bank 7(A) 3 $5,912,000.00 Dogwood State Bank 7(A) 4 $5,586,900.00 Community Trust Bank, Inc.
Load more

Recommended publications
  • Mortgage Lenders Auburn Al
    Mortgage Lenders Auburn Al adverselyAwesome whenGoober Dell hunt undershoots very inevitably his piscary. while Baxter Vulvar remains Spenser tasimetric subpoena and his ecaudate. lunatics cone Majestic derisively. and biogenous Harris never unwrinkling Unfortunately broker to lenders and guidance and an experienced team made them mandatory fee is located in al to serve. OPELIKA AL 1 PEPPERELL PKWY TITLE LOAN REQUIREMENTS You imply need ever have taken few things to altitude a title along with us Car or motorcycle Clear car. Do you navigate through our auburn al. Could affect currency exchange rates and experience. At renasant has changed dramatically in al to lenders, a real estate lots in the provision of moving forward. InterLinc Mortgage Services Mortgage Loans Opelika. Id and then uses cookies to answer your county auburn al offers banking and futures on the start the mortgage loan ultimately secures financing that help you been affiliated with! Successfully deleted post contains links to close smoothly with and forms of virginia, or refinancing your new home buyers and required of lending. Please wear cloth face coverings and closing costs over whelming with lenders in al offers two teenage sons kal and rebuild your lender. Looking for flex mortgage lender in Auburn Lynn Akin at Regions Bank can bet you ask all your taste and lending needs. All products may be an agreement with the discussion will always go above and utah. Trustmark Bank and ATM Location in Auburn AL 100264. Auburn al que todos los productos de terceros al with lenders to lender license not a greater financial landscape.
    [Show full text]
  • 2018 Online Trust Audit & Honor Roll Report
    Internet Society’s Online Trust Alliance (OTA) 2 TABLE OF CONTENTS Overview & Background .......................................................................................................................... 3 Executive Summary & Highlights ............................................................................................................. 4 Best Practices Highlights ......................................................................................................................... 9 Consumer Protection .......................................................................................................................... 9 Site Security ........................................................................................................................................ 9 Privacy Trends ................................................................................................................................... 10 Domain, Brand & Consumer Protection ................................................................................................. 12 Email Authentication ......................................................................................................................... 12 Domain-based Message Authentication, Reporting & Conformance (DMARC) ................................... 14 Opportunistic Transport Layer Security (TLS) for Email ...................................................................... 15 Domain Locking ................................................................................................................................
    [Show full text]
  • 2019 Annual Report Officers
    2019 ANNUAL REPORT OFFICERS John C. Corbett President ana d Chief Executive Officer Stephen D. Young Chief Operating Officer William E. Matthews, V Chiei f Financial Officer Richard MuM rray, IV Chief Executive Officer, CennterState Bank N.A. Mark W. Thompson President, CenterState Bank N.A. Jennifer L. Idell Chief Administrative Officer Daniel E. Bockhorst Chief Credit Officer Beth S. DeSimone Chief Risk Officer CORPORATE OFFICE 1101 Firsts Street. South Winter Havenn, FL 33880 863.293.47100 CORPORATE WEBSITE CenterStateBanks.com STOCK LISTING Symbol - CSFL SHAREHOLDER SERVICES Continental StS ock Transfer & Trust Company 17 Batteryy Place, NY, NY 10004 212.5009.9 404 00 INDEPENDENT AUDITORS Crowe LLP Fort Lauderdale, Florida 2020 ANNUAL MEETING April 23, 2020 10 am 7593 Gathering Drive, Kissimmee, FL 34747 CORPORATE PROFILE CenterState Bank Corporation (NASDAQ: CSFL) operates as one of the largest community bank franchises headquartered in the state of Florida. Both the Company and its nationally chartered bank subsidiary, CenterState Bank, N.A. (“the Bank”), are based in Winter Haven, Florida between Orlando and Tampa. With over $17 billion assets, the Bank provides traditional retail, commercial, mortgage, wealth management and SBA services throughout its Florida, Georgia and Alabama branch network. The Bank also has a national footprint, serving clients coast to coast, through its correspondent banking division. Ernie Pinner, Chairman and John Corbett, President and CEO Dear Fellow Shareholders, CenterState earned $225 million in 2019, or $1.87 in diluted earnings per share, ($2.13 on an adjusted basis, excluding merger-related expenses and non-recurring items). CenterState remains a top quartile performer compared to peers, with return on average assets equal to 1.42% (1.61% adjusted) and return on average tangible common equity equal to 16.2% (18.4% adjusted).
    [Show full text]
  • Thomas Sumter’S DAR Good Cit- Izen of the Year
    Avoid trouble, take charge of your car loan C1 Reading is fundamental Summer library program will be fun, educational A8 SERVING SOUTH CAROLINA SINCE OCTOBER 15, 1894 SUNDAY, JUNE 4, 2017 $1.75 SPORTS: Yanks Montgomery earns 1st win since May 6 B1 GRADUATION Crestwood, Lakewood, Sumter high schools hold ceremonies Sumter High School graduate Jaidon Martin, center, expresses happiness in getting her degree Saturday while classmates Lillian Marzano, left, and Marc Marrero watch fellow graudates cross the stage. For more photos, see A3. Moments after Crestwood High School graduate moved their tassles from the right side to PHOTOS BY RICK CARPENTER / THE SUMTER ITEM the left, Taylor Danielle Senoli Abrams, left, and Eward Lee Acevedo appreciate the mo- Lakewood High School Valedictorian Christian Compton leads the class into ment while classmates begin to celebrate. the Sumter County Civic Center on Friday night. ATM ‘skimming’ Finances fraud on the rise headline BY CAITLAN WALZER [email protected] STEPS TO AVOID SKIMMING FRAUD meeting Small hacking devices that fit over the card reading slot • Update your information; BY BRUCE MILLS on ATM machines are mak- • Keep an eye out for attached [email protected] ing individuals nationwide pieces on the ATM machine over victims of fraud. the card slot and the keypad; Finances headline the Sum- In Sumter alone, there are • Cover the keypad when typing ter School Board of Trustees’ eight different banking and in your PIN; CAITLAN WALZER / THE SUMTER ITEM docket for its next meeting on credit union branches (SAFE • Use familiar ATMs; Customers who use ATMs should be prepared to search the PIN Monday night.
    [Show full text]
  • Overall Retail Banking Satisfaction Is Up, Mobile and ATM Satisfaction Declines
    J.D. Power Reports: Gen Z Has Arrived. Is Your Bank Ready? Overall Retail Banking Satisfaction is Up, Mobile and ATM Satisfaction Declines WESTLAKE VILLAGE, Calif.: 30 April 2015 — Gen Z,1 which comprises about one-fourth of the U.S. population, is entering adulthood and creating new challenges and opportunities for retail banks of all sizes to acquire them as customers, build their loyalty and capture a larger share of wallet as they age; however, banks will need to understand what drives satisfaction among this generational group. Additionally, while overall satisfaction has improved from 2014, satisfaction with mobile and ATM features has slightly declined raising a red flag about retail banks’ approach to technology, according to the J.D. Power 2015 U.S. Retail Banking Satisfaction StudySM released today. The 10th annual customer satisfaction study is the longest-running and most in-depth survey of the retail banking industry, with more than 80,000 consumers evaluating various aspects of their banking experience. The study measures satisfaction in six factors (listed in alphabetical order): account information; channel activities; facility; fees; problem resolution; and product offerings. Channel activities include six subfactors (listed in alphabetical order): ATM; branch; call center; IVR; mobile; and website. Banks are ranked based on overall customer satisfaction in each of the following regions: California, Florida, Mid-Atlantic, Midwest, New England, North Central, Northwest, South Central, Southeast, Southwest and Texas. Satisfaction is measured on a 1,000-point scale. Gen Z and Retail Banking: Satisfaction among Gen Z customers (797) is higher than among Gen Y and Gen X customers (781 and 778, respectively.) Additionally, overall satisfaction among Gen Z customers of big banks2 (807) is higher than among Gen Z customers of regional banks (796) and midsize banks (769).
    [Show full text]
  • Eligible Bank List
    ELIGIBLE BANK LIST PRIME PARTNER BANKS Prime Partner Banks exceed eligibility requirements by paying the higher of 75% of the Federal Funds Rate or 0.75% to support the NC IOLTA program in its mission to ensure that low-income North Carolinians have access to critically-needed legal aid. Settlement Agent Accounts Only To learn more about Prime Partner Banks, contact NC IOLTA at 919-706-4431 or [email protected]. 06/10/2021 ELIGIBLE BANK LIST BENCHMARK BANKS Benchmark Banks are those that meet eligibility requirements by paying the higher of 65% of the Federal Funds Rate or 0.65% to support the NC IOLTA program in its mission. American Bank of the Carolinas Aquesta Bank Bank of America Pinnacle Bank PNC Bank Triad Business Bank COMPLETE LIST OF ELIGIBLE BANKS ~ JUNE 2021 Allegacy Federal Credit Union* First Horizon Bank Southern Bank* Alliance Bank & Trust* First National Bank of PA* Southern First Bank* American Bank of the Carolinas* First Reliance Bank* SunTrust Bank - Now Truist American National Bank* HomeTrust Bank* Surrey Bank Ameris Bank* IberiaBank* Taylorsville Savings Bank* Aquesta Bank* JP Morgan Chase* TD Bank* Atlantic Union Bank KS Bank* Touchstone Bank* Bank of America* LifeStore Bank* TowneBank* Bank of Oak Ridge* Lumbee Guaranty Bank* Triad Business Bank* Bank OZK* Mechanics and Farmers Bank TruPoint Bank* BB&T - Now Truist Morganton Savings Bank* Union Bank* Benchmark Community Bank* Nantahala Bank* United Bank* BlueHarbor Bank* North State Bank* United Community Bank* Carolina State Bank* Park National Bank US Bank*
    [Show full text]
  • 4Th Quarter 2019
    4th Quarter 2019 DSISCUSSIONOUTH CAROLINAMATERIALSCOMMUNITY BANK LANDSCAPE Financial Institutions Group Table of Contents SECTION DESCRIPTION I. South Carolina Bank Regulatory Data II. Overview - Janney Montgomery Scott LLC Disclaimer Janney Montgomery Scott LLC prohibits its employees from directly or indirectly offering a favorable research rating or specific price target, or offering to change a rating or price target, as consideration or inducement either for the receipt of business or for compensation. 2 I. SOUTH CAROLINA BANK REGULATORY DATA Overview – South Carolina Bank Regulatory Data METHODOLOGY . 3 county regions separated by geographic relevance Upstate . Data as of most recent available quarter as of December 31, 2019 Midlands . Regulatory call report data shown for all banks Lowcountry KEY STATE OBSERVATIONS . Median loan growth of 3.23% . Median NIM of 3.62% Source: S&P Global Market Intelligence 4 Upstate Region Banks Company Information Balance Sheet Highlights Capital Adequacy Asset Quality Financial Performance Total MRQ Total MRQ Lns / Leverage RBC NPA/ LLR/ NCOs/ MRQ MRQ MRQ MRQ S-Corp? Assets Growth Deposits Growth Dep. Ratio Ratio Assets Loans Loans Net Inc. ROAA1 N.I.M. Efficiency Name City (Y/N) ($M) (%) ($M) (%) (%) (%) (%) (%) (%) (%) ($000) (%) (%) (%) Abbeville First Bank, SSB Abbeville No $78 12.9 $59 8.3 82.3 9.21 17.81 1.74 1.23 0.05 ($1,067) (5.49) 3.18 288.8 Arthur State Bank Union No 516 12.9 460 4.1 79.5 9.35 14.22 1.30 0.75 (0.01) 568 0.44 4.31 86.4 Bank of Travelers Rest Travelers Rest Yes 805 5.9
    [Show full text]
  • Collierville High Students Land Artwork at Airport
    Public Records & Notices Monitoring local real estate since 1968 View a complete day’s public records Subscribe Presented by and notices today for our at memphisdailynews.com. free report www.chandlerreports.com Tuesday, April 27, 2021 MemphisDailyNews.com Vol. 136 | No. 50 Rack–50¢/Delivery–39¢ Local retailers pivot to embrace online sales CHRISTIN YATES 2020, Daryl Andrews and Ash- “I think everybody had to varieties online to more than 125 trillion. For 2021, estimates indi- Courtesy of The Daily Memphian ley Parham, owners of gift shop ‘swerve.’ Our big pivot was to be- options. “Once our puzzle inven- cate 14.3% growth for e-commerce Since the COVID-19 pandemic Walking Pants Curiosities in the come a puzzle company overnight tory online was purchased, and we sales worldwide. Kelly Martin, Joe began to wreak havoc on the econ- Historic South Main Arts District because of the intense demand.” realized puzzles were going to be Sharp and Amy Long, owners of omy in the spring of 2020, local re- Downtown, said they were aver- In the first month of “Safer so popular, we searched for differ- Indigo in Germantown and Little tailers made the almost overnight aging about 20-25 online orders at Home” orders, Walking Pants ent manufacturers,” Parham said. Rock, Arkansas, were thankful to move to online sales and have per month. Curiosities soared from meager While 2020 was a challenging have launched the store’s website learned how to make the most “A year ago, we, like a lot of online orders to more than 600 year for retailers, eMarketer esti- in 2019, just before the pandemic of the space to reach customers.
    [Show full text]
  • An Update on the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL)
    Staff Report No. 2020-29 April 27, 2020 An Update on the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) for Ag Producers Dr. Michael A. Deliberto Louisiana State University Agricultural Center Department of Agricultural Economics & Agribusiness On Monday, April 27, 2020, The Small Business Administration (SBA) will start accepting new applications for the Paycheck Protection Program (PPP), using more than $300 B in new funding provided by a coronavirus relief bill President Trump signed into law. Agricultural producers also are eligible under the bill to start applying for SBA’s Economic Injury Disaster Loan (EIDL) program, which provides $10,000 “emergency advances” that do not have to paid back, plus low-interest loans. The Paycheck Protection Program (PPP) is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities. Based on SBA rules released April 3, 2020, agricultural producers and co-ops with 500 or fewer employees – including employees of businesses with whom they have an affiliation – can access PPP loans, assuming no other factors limit eligibility. Producers can apply through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. Other regulated lenders will be available to make these loans once they are approved and enrolled in the program. Producers should consult with your local lender as to whether it is participating in the program.
    [Show full text]
  • Banks Participating in the Secure Deposit Program As Of: 6/30/2021
    Banks Participating in the Secure Deposit Program 6/30/2021 As of: 6/30/2021 Bank Name Custodians AB&T FHLB-Atlanta, First Horizon Bank (FTN) Affinity Bank (formerly Newton Federal Bank) FHLB-Atlanta American Commerce Bank FHLB-Atlanta American Pride Bank FHLB-Atlanta Ameris Bank FHLB-Atlanta Bank of America, National Association Bank of New York Mellon, Federal Reserve Banks, FHLB-Atlanta Bank of Monticello Wells Fargo Corporate & Investment Banking BankSouth FHLB-Atlanta Cadence Bank FHLB-Atlanta Citibank, N.A. Federal Reserve Banks Colony Bank First Horizon Bank (FTN) Douglas National Bank BBVA Compass East West Bank FHLB-San Francisco Fifth Third Bank Bank of New York Mellon First National Bank of Decatur County Truist Bank (formerly SunTrust) First Peoples Bank FHLB-Atlanta, South State (formerly Center State Bank) First State Bank South State (formerly Center State Bank), The Independent Bankers Bank (TIB) FirstBank First Horizon Bank (FTN), FHLB-Cincinnati JPMorgan Chase Bank, National Association Federal Reserve Banks, FHLB-Cincinnati Morris Bank FHLB-Atlanta, Truist Bank (formerly SunTrust) North Georgia National Bank South State (formerly Center State Bank) Pinnacle Bank, Elberton GA FHLB-Atlanta, South State (formerly Center State Bank) PNC Bank, National Association Federal Reserve Banks Quantum National Bank FHLB-Atlanta Regions Bank FHLB-Atlanta Renasant Bank First Horizon Bank (FTN) ServisFirst Bank First National Bankers Bank South State Bank NA (formerly CenterState Bank) FHLB-Atlanta SouthCrest Bank, NA The Independent Bankers Bank (TIB) Synovus Bank FHLB-Atlanta The Citizens Bank of Swainsboro South State (formerly Center State Bank) The Commercial Bank South State (formerly Center State Bank) The First, ANBA BBVA Compass Banks Participating in the Secure Deposit Program 6/30/2021 As of: 6/30/2021 The Piedmont Bank South State (formerly Center State Bank) Truist Bank Federal Reserve Banks U.S.
    [Show full text]
  • PPP-Approved Lender List for Illinois, Indiana and Wisconsin
    Lenders Participating in the Paycheck Protection Program – Illinois, Indiana and Wisconsin Updated as of April 25, 2020 Burke Warren MacKay and Serritella Craig McCrohon [email protected] BMO Harris Bank n IL 4828-2694-1115.v1 4828-2694-1115.v1 JPMorgan Chase Bank, National CNB Bank and Trust, National Association Association IL I L Fifth Third Bank I L Crystal Lake Bank & Trust Company, CIBC Bank USA I L National Association IL Wintrust Bank, National Association Hickory Point Bank and Trust I L I L Home State Bank, National Association First Midwest Bank IL I L PNC Bank, National Association I L Silicon Valley Bank IL Busey Bank IL Northwest Bank of Rockford IL The Huntington National Bank I L A l l y B a n k I L Village Bank and Trust, National Town and Country Bank I L Association IL Republic Bank of Chicago IL Wheaton Bank & Trust Company, National Quad City Bank and Trust Company IL Association IL Hometown National Bank I L Morton Community Bank I L Blackhawk Bank & Trust I L Byline Bank IL Compeer Financial, ACA I L First American Bank IL State Bank of the Lakes, National First Mid Bank & Trust, National Association IL Association IL First State Bank I L Signature Bank I L Live Oak Banking Company IL Hinsdale Bank & Trust Company, National Bank of Belleville I L Association IL Regions Bank IL Midland States Bank IL First Merchants Bank IL American Community Bank & Trust IL Lake Forest Bank & Trust Company, National Association IL First Secure Community Bank I L West Suburban Bank IL Marine Bank IL Cornerstone National Bank & Trust First Southern Bank IL C o m p a n y I L Resource Bank, National Association The First National Bank of Ottawa IL I L Barrington Bank & Trust Company, Community First Bank of the Heartland National Association IL I L Heartland Bank and Trust Company IL The Leaders Bank I L Northbrook Bank & Trust Company, First Bankers Trust Company, National National Association IL Association IL St.
    [Show full text]
  • THE TENNESSEE BANKER May/June 2018
    May/June 2018 • Volume 106 • Number 3 THE TENNESSEE BANKER MEMBER FEATURE Jeff Cunningham Athens Federal Community Bank PAGE 14 PLUS Photo recaps of: • Leadership Convention • Day on the Hill • Human Resources Conference • Strategic Technology Conference SeeSee youyou inin ColoradoColorado Springs!Springs! We look forward to seeing you at TBA’s Annual Meeting in June! Stop by to see us in booth #26 1-800-456-5191 1-615-244-5100 www.FinancialPSI.com Welcome Home Rod Pittman is a Tennessean at heart. This Indiana native fell in love with the people, the landscape, and the culture of East Tennessee with each visit he made to the Smoky Mountains. Knoxville quickly started to feel like home. Rod has worked for over 30 years in the banking industry. His extensive background includes C-suite and management level positions in community banks in 4 states. He also served as Rod Pittman an Executive Officer on the Board of the Identity CIA | CISA | CFSA | CFE Theft Assistance Center in Washington, D.C. Director of and has significant experience with regulatory Financial Institutions compliance matters, risk management, and Internal Audit & Compliance Services internal control design. Please join PYA in welcoming Rod as our Director of Financial Institutions Internal Audit and Compliance Services. Rod, we’re glad you’re home. PYA provides assistance in all regulatory areas, specializing in Fair Lending, CRA, HMDA, and BSA. VISION Compliance Testing (A-Z) | Fair Lending | Bank Secrecy Act | Loan Review Dodd-Frank Act Implementation | Internal Audit
    [Show full text]