New Report on Community Banking and Crowdfunding

CrowdFunding Beat News Wire,

CommunityLeader, Inc., a technology and service leader in the emerging crowdfunding industry and Breakaway Funding, LLC, a new crowdfunding portal platform announced the joint publication of “Community Banks: Sink or Crowdfund“— a whitepaper for community bankers on how to leverage the changing landscape in the private securities market to the benefit of Community Banks. The paper presents a framework upon which to implement a community-based crowdfunding strategy.

“Community Banks have a real opportunity to seize the principals of crowdfunding, the deregulation of the JOBs Act, and leverage new technologies to gain a competitive advantage in the market,” said co-author Joseph Barisonzi, co-founder and CEO of CommunityLeader. “This third in the whitepaper series provides a road map and critical considerations for a Community Bank to take action.”

Breakaway_Funding_logo_072814

 

“What we’ve written in the paper is that savvy financial service executives are beginning to grasp that there is much less a risk in crowdfunding than most bankers expect. The smart ones realize that community banks are at a crossroads,” said co-author Kim Kaselionis. “Industry statistics for community banks in the U.S. are pretty stark, their numbers have declined by 50% in the past six years.” Ms. Kaselionis is the former CEO/Chairman of Circle Bank, where she led the Northern California Community Bank to 53 consecutive profitable quarters and developed the brand from a single-branch bank to one with six locations, managing more than $300 million in total assets. She launched Breakaway Funding (http://breakawayfunding.com/) to support community banks in leveraging both existing and new securities regulations associated with the opportunities made possible through crowdfunding.

gI_103944_CL_logo

 

CommunityLeader is the premier provider of compliant platform solutions for the online solicitation, sale and support of private equity and debt securities. CommunityLeader’s integrated white-labeled technology and services platform is used by many of the leading crowdfunding sites in the United States. “Community Banks: Renewed Purpose and Survival through Crowdfunding” is the third of a three part publication series directed at community banks. Part 1 — “Community Banks: Renewed Purpose and Survival through Crowdfunding” provided community bankers with the framework to build a case for immediate implementation of a crowdfunding strategy. Part 2 — “Crowdfund 101 for Community Bankers” presented an introduction to crowdfunding and its emergence as a key vehicle in the funding industry including the definition of crowdfunding, a historical overview, current and predicted market trends, and a review of the basic concepts relevant to community banking. This third and final part presents a decisive argument for community banks to engage in crowdfunding immediately.

For information on how to download a copy of “Community Banks: Sink or Crowdfund” and other CommunityLeader whitepapers, http://learn.communityleader.com/whitepapers.

Tags: , , , , , , , , ,

HEADLINE NEWS

Curbed DetroitChurch kicks off crowdfunding campaign to save historic spiresCurbed DetroitIt's been quite a month for the steeples at the Sweetest Heart of Mary church. The Mother of Divine Mercy church council went to the Historic District Commission earlier this month with the [...]

Redding Record SearchlightCrowdfunding isn't about buying but about donatingRedding Record SearchlightImagine you're an innovator with a big idea but not a lot of cash to bring the idea to fruition. You spend some of your own money up front to design a cool demo, and then yo [...]

Crowdfunding restores ponds in drought-hit south IndiaReutersIt has also led to an unusual crowdfunding campaign that helped restore a village pond in one of the worst affected areas, with a similar effort planned for a second pond. The effort, led by The Better India website, raised [...]

HousingWireReal estate crowdfunding platform RealtyShares buys rival Acquire Real EstateHousingWireRealtyShares, which bills itself as the “leading online marketplace for real estate investing,” announced Thursday that it bought Acquire Real Estate, which the company calls an “innovat [...]

Deutsche WelleLiving Planet: Crowd-funding slaughterDeutsche WelleLiving Planet: Crowd-funding slaughter. A German startup is attracting carnivores who want to know where their meat comes from by butchering on demand. A cow isn't killed until the entire animal - raised outdoors o [...]

TechCrunchSnopes seeks crowdfunding in ownership battleTechCrunchHow many times have you heard some urban legend, chain letter or misleading bit of news repeated and immediately found a thorough, fact-based debunking on Snopes? Like every damn day for the last 20 years or so, right? S [...]

MedAnswers Announces Securities Crowdfunding Seed Round | 07 ...Markets InsiderLOS ANGELES, CA--(Marketwired - July 27, 2017) - MedAnswers, a digital health app that at first connects infertility patients to experts for on-demand questions ...and more » [...]

Daily MailSnopes Raises 500K To Fight Legal Battle | The Daily CallerThe Daily CallerFact checking site Snopes raised more than 500000 Monday, on the first day of a crowdfunding campaign launched to keep the site operational.Snopes.com, the fact-checking website, raised more than $500 [...]

The VergeA San Diego newspaper is partnering with GoFundMe to launch campaigns based on its own articlesThe VergeEarlier this month, The San Diego Union-Tribune launched an unusual experiment: asking readers to become small-scale philanthropists. Partnering with crowdfunding platform [...]

MashableStudy shows women are way better than men at crowdfundingMashableMale investors often don't fully understand the value of ideas women entrepreneurs pitch them. They throw capital at food delivery service after food delivery service, but ignore ideas that cater to groups t [...]

CFB Finance

Marketwired

  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |