Steadfast Finances

 Banking, Lessons Learned, Peer to Peer Lending         3 comments

Share
Banking is supposed to be boring. There, I said it.
I’m not a banker, nor will I likely ever be one in the future (unless my P2P lending plan works out supremely well), but as I’ve mentioned several times, banking is all about the boring ol’ 3-6-3 rule.
Bring in deposits …

 Banking, Business Trends, Peer to Peer Lending         7 comments

Share
Now this is how you run a solid, old fashioned type of bank. CNBC interviewed a small, community bank CEO (Frank Sorrentino) from North Jersey Community Bank today, and if I was ever fortunate enough to run a bank, this is how I would hope to get it done.
The old …