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Federal Home Loan Bank of Chicago Announces Community First® Award Recipients


Federal Home Loan Bank of Chicago Announces Community First® Award Recipients
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CHICAGO, April 30, 2021 /PRNewswire/  The Federal Home Loan Bank of Chicago s (FHLBank Chicago) Community First
® Awards recognize outstanding achievements of our member institutions and their local partners as they work together to strengthen the communities they serve. Each year, FHLBank Chicago members submit nominations for consideration in four award categories. Award recipients receive $10,000 to support a nonprofit organization of their choice and were celebrated at FHLBank Chicago s virtual member meetings held in April. FHLBank Chicago is pleased to announce the recipients of our 2021 Community First Awards. ....

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Pandemic fuels rise of non-bank lenders


Pandemic fuels rise of non-bank lenders
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By Emily Chantiri
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Web traffic at customer-owned and community focused lenders ramped up to new highs as the coronavirus pandemic rolled across the nation last year.
The banking sector saw a 10 per cent overall increase in web traffic during 2020.
The pandemic resulted in people having more time to shop around online for the best loan deals.
Credit:Dreamstime/TNS
However, just one of the big-four banks – Westpac – appeared in the top-10 fastest growing brands in the category, securing eighth spot, with its traffic increasing 28 per cent, according to a report by web traffic intelligence company SimilarWeb. ....

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