From challenges to rural banks to the rise of millennials to regulatory pressure on growth areas—community bankers discuss the outlook for the industry.
Browsing: Commercial Lending
Banks vastly outpace online marketplace lenders in small business customer satisfaction, primarily because of the high interest rates and unfavorable terms of online lenders.
Traditional bank lending remains the primary source of financing for the nation’s small businesses, according to the 2015 Small Business Credit Survey—a joint effort by several regional Federal Reserve banks—released today.
Arbitration, mortgages, small business lending and small-dollar loans are among the Consumer Financial Protection Bureau’s policy priorities over the next two years, according to a document released today.
The National Credit Union Administration board today voted to finalize significantly looser limits on business lending by credit unions. Among other things, the final rule exempts participations in loans to non-members from the statutory 12.25 percent member business lending cap.
Marketplace lenders are already winning your customers, bankers say. Here’s how to respond.
By a bipartisan 250-to-169 vote, the House today approved a bill that would end the Justice Department’s Operation Choke Point initiative, which sought to curtail disfavored businesses by working through regulators to pressure financial institutions to end customer relationships with these businesses.
A new report from the Federal Trade Commission outlines several risks related to discrimination for companies using “big data” to make decisions about credit, employment and marketing.
President Obama yesterday nominated four individuals to the board of the National Association of Registered Agents and Brokers, also known as NARAB II.