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Community Banking

Very few organizations have been successful in growing their relationships with this audience
The industry group said the expansion of the SBA 7(a) loan program would harm borrowers
Survey shows significant majority of consumers expect to reach financial prosperity in the next 10 years
Plus: Cadence Bank is set to sell its insurance arm to Gallagher
Survey also found improved digital tools have helped banks’ services for small businesses
The ABA has warned of concerns over implementation costs
New ABA survey shows most Americans don’t know the difference between a bank and a credit union
Large banks outperformed expectations but regional banks fell dramatically
Plus: Monterey County Bank reportedly set to be bought by dedicated investment vehicle
The group of associations also asked for the Fed not to sell its mortgage securities holdings
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