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When community banking means easier access to loans
Institutions like the NYC-based Carver Federal Savings Bank emphasize community development as a core part of their missions.
Some banks still think local
Econ Extra Credit newsletter #130
Community banks signal caution about the economic recovery
A new report from the Federal Deposit Insurance Corp. finds bankers are increasing the money they set aside for bad loans.
Community banks are thriving. Bankers worry it won't last.
A recent FDIC report found that community bank profits rose last quarter, thanks to fee income from PPP loans and mortgage refinancing.
Lifeguards, veterinary assistants and architects: a look at some of the jobs protected by PPP loans
About 75% of small businesses sought Paycheck Protection Program loans and about 72% of them got PPP loans, according to the Census Bureau.
Bankers want businesses to know "there’s still money" for PPP loans
Laurie Stewart, CEO of Seattle-based Sound Community Bank, says the bank has made more than 700 loans through the program.
Life on the front lines of the federal government’s small business loan program
“For every loan we made, I had another one in the pipeline,” said Laurie Stewart, CEO of Sound Community Bank in Seattle.
Fallout from Dodd-Frank rollback
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.