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The annual Bank of America Study surveyed more than 2,000 small and mid-size business owners
The bank plans to hire 75 community managers by 2030 to serve areas with limited banking access
The average purchasing power for middle-income families in August was 102.2%, up from 101.5%
Half of lenders believe small- and mid-sized business lending fraud can be prevented
Majority of small business owners saw growth despite facing labor challenges
The bank is increasing branch locations in a bid to reach smaller towns and cities
The new survey found small businesses are spending an average of $13,000 per month on their credit cards
The ABA and ICBA have praised Congress’ decision to nullify the rule
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
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Banking Exchange

BANKING EXCHANGE FLY IN CONFERENCE

CHICAGO, Illinois — NOVEMBER 7, 2024


Conference to be held at the University of Chicago, Booth Business School Downtown

This one-day event is open to all executives at U.S. financial institutions. On the agenda, will be: