When community banking means easier access to loans

Dec 22, 2022
Institutions like the NYC-based Carver Federal Savings Bank emphasize community development as a core part of their missions.
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Community banks signal caution about the economic recovery

Feb 24, 2021
A new report from the Federal Deposit Insurance Corp. finds bankers are increasing the money they set aside for bad loans.
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Community banks are thriving. Bankers worry it won't last.

Dec 11, 2020
A recent FDIC report found that community bank profits rose last quarter, thanks to fee income from PPP loans and mortgage refinancing.
La Salle State Bank in Illinois outsourced management of its ATMs to save costs.
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Lifeguards, veterinary assistants and architects: a look at some of the jobs protected by PPP loans

Jul 13, 2020
About 75% of small businesses sought Paycheck Protection Program loans and about 72% of them got PPP loans, according to the Census Bureau.
Seattle Veterinary Associates is among the millions of businesses that have received loans through the federal Paycheck Protection Program.
Courtesy of Seattle Veterinary Associates

Bankers want businesses to know "there’s still money" for PPP loans

Jun 3, 2020
Laurie Stewart, CEO of Seattle-based Sound Community Bank, says the bank has made more than 700 loans through the program.
Laurie Stewart, CEO of Seattle-based Sound Community Bank, says her bank has funded PPP loans as small as $900.
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Life on the front lines of the federal government’s small business loan program

Apr 20, 2020
“For every loan we made, I had another one in the pipeline,” said Laurie Stewart, CEO of Sound Community Bank in Seattle.
The Belltown Branch of Sound Community Bank, which is headquartered in Seattle, Washington.
Courtesy of Sound Community Bank

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Fallout from Dodd-Frank rollback

Mar 8, 2018
Fair housing advocates are concerned about a pending vote in the Senate that would relax banking rules on reporting loan data. Click the audio player above to hear the full story.