BankLabs participates in CBDA Peer Forum discussing loan participation automation

By November 13, 2021Uncategorized

We are proud to support the CDBA peer forum this year and enjoyed joining the conversation between community development bank execs and leading community development finance experts. Events like this that lead to relationship building, innovation, and policy discussions are vital to the future of the industry.

Thanks to Chris Wewers for his comments at the CBDA peer forum today on how Southern Bancorp uses our loan participation platform. From Chris: “We are using Participate to manage the liquidity we have today. When we get the incoming US Treasury funds, we are going to be looking for opportunities to expand relationships across the CDBA network as well as expand our digital footprint using this tool.”

Community Development Bankers Association (CDBA) is the national trade association of the community development bank sector. They are the voice and champion of banks and thrifts with a mission of serving low and moderate income communities.