Coleman Report

May 26, 2017 Fraud Friday — Abacus Federal Savings Bank: Small Enough to Jail By Bob Coleman Editor, Fraud Friday A new indie film is garnering rave reviews about a small New York Chinatown bank that was the only bank indicted after the 2008 financial crisis. Abacus Federal Savings Bank was accused of 240 counts…

May 25, 2017 By Bob Coleman Editor, Coleman’s Movers & Shakers Coleman Movers & Shakers Thursday — Dime Community Bank Names Rob Dwyer SVP Dime Community Bank Names Rob Dwyer Senior Vice President and Head of SBA Lending “Rob’s extensive experience in SBA lending will be an invaluable asset to our clients and to the…

May 23, 2017 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — No Cuts to SBA 7(a) or 504 in Trump’s 2018 Budget It’s a one line statement on page 43 of the President’s proposed fiscal 2018 budget released this morning. There is no change from the SBA budget overview issued…

By Bob Coleman Editor, C-Suite Wednesday C-Suite Wednesday — Nominate Someone for Coleman’s 2017 SBA Lending Awards Nominations are open for outstanding and innovative SBA lending professionals in the following three categories. 2017 Top-25 SBA Lending Professionals 2017 Top-10 Women of SBA Lending 2017 Top-10 Young Professionals of SBA Lending Awards are open to all…

May 19, 2017 By Bob Coleman Editor, Fraud Friday Fraud Friday Exclusive Mugshot — USA vs Mark Feathers — His SBA Fraud Timeline   Mark Feathers April 24, 2017 Glenn E. Dyer Detention Center, Oakland Mugshot obtained under the California Public Records Act The Historical Timeline of USA vs Mark Feathers The Historical Timeline of…

By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Mark Brooks Named Small Business Manager of Tompkins Bank of Castile “Mark Brooks has been an integral part of our small business lending program for several years,” says John McKenna, president and CEO of Tompkins Bank of Castile . “He is committed…

May 17, 2016 C-Suite Wednesday — SBA Lending Industry Overwhelming Rejects CFPB Loan Data Collection Efforts By Bob Coleman Editor, C-Suite Wednesday I didn’t get a lot of responses to Monday’s survey about the Consumer Financial Protection Board’s request for comments about small business loan data, but those that responded were very passionate about their…

May 16, 2017 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — House to Hold SBA 7(a) Loan Review Hearing Tomorrow Wednesday, May 17, 2017 at 11:00 a.m., the Committee on Small Business will meet in Room 2360 of the Rayburn House Office Building for the purpose of examining the United…

May 15, 2017 By Bob Coleman Editor, Main Street Monday Main Street Monday — CFPB Wants Small Business Loan Data Seven years after the passage of Dodd-Frank, the CFPB has asked for feedback how best to collect data about small business lending “ to help identify needs and opportunities in the market and to facilitate…

May 12, 2017 Fraud Friday — Two Rockford Bank & Trust SBA VPs Indicted for SBA Loan Fraud By Bob Coleman Editor, Fraud Friday Jim Graber, 57, Senior Vice President at Rockford Bank and Trust Company Kristin King, 45, Vice President and Government Lending Manager at Rockford Bank and Trust (Source: LinkedIn) A Federal Grand…