Fewer non-employer firms—those without full-time or part-time employees on payroll, which account for 81% of U.S. small businesses—reported profitability in 2018 than employer firms did, according to Small Business Credit Survey figures released today by the Federal Reserve Bank of New York.
Browsing: Community Banking
Former Comptroller of the Currency Eugene Ludwig talks about the current state of artificial intelligence in banking and the outlook for community banks and compliance professionals.
How smaller banks looking for a turn at the M&A table can prepare for the best possible deal.
As consumers increasingly access banking services through digital channels, the vast majority of branch closures have been concentrated in well-off areas.
The accelerating trend of credit unions acquiring banks “means fewer businesses contributing to the tax base supporting our communities,” wrote ABA Chair-Elect Laurie Stewart in a Puget Sound Business Journal op-ed today.
Natalie Bartholomew is chief administrative officer at Grand Savings Bank in northwestern Arkansas, but she is probably better known for her popular blog “The Girl Banker,” which provides advice on career advancement and work-life balance for women in banking as well as spotlighting female leaders in financial services.
In a letter to the National Credit Union Administration board Friday, ABA expressed grave concern over NCUA’s recent vote to delay for a second time the required implementation of the 2015 risk-based capital rules.
The Financial Accounting Standards Board’s current expected credit loss model for loan loss accounting is a solution in search of a problem, according to an op-ed by Brice Luetkemeyer in American Banker today.
As urban areas across the country grow and change, community development financial institutions like Metro Bank in Louisville, Ky., are meeting the unique needs of these evolving neighborhoods.
Three insurance products where banks are finding success with customers—and the bottom line.