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How Two Banks Are Helping Small Businesses in 2023
Merchants & Marine Bank and City National Bank have launched separate initiatives to support small businesses and local communities
Banks Urge SBA to Keep Ban on Fintech Lenders
Entities that are not federally regulated should not be allowed to make SBA-approved loans, industry groups argue
Live Oak grows team to support small business
Plus: Executive appointments at Truist, Provident Bank, WaFd, Comerica
Student Loan Payment Pause Set to End, Country Divided
The pause on student loan payments that has gone on for over two years is supposed to end at the end of the month
Small Businesses Making ‘Drastic Changes’ Due to Inflation
Umpqua Bank’s research highlights the concerns of small businesses amid growing inflation
Agility Bank Becomes First New MDI in 15 Years
The women-owned Texas-based bank has received its charter from the Office of the Comptroller of the Currency
Consumers Uncertain about Inflation as Household Debt Nears $16T
Findings come as US inflation nears 40-year high, climbing to 8.3% in April
Montana, NY Banks Strike Fintech Lending Partnerships
The two banks are seeking to reduce frictions and increase efficiencies in their lending programs
Small businesses remain optimistic despite inflation worries
More than half say business has recovered from the pandemic, Bank of America survey finds
Neo-Banks Attracting Small Business Clients, Research Finds
Up to 24% of small businesses with under $1 million in annual revenue use neo-banks
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