Community Banking

Demystifying SBICs for Community Banks

By Stephen Newton With nearly $690 billion in outstanding loans for small businesses in 2016, banks have a proven track record of successfully providing credit for small business owners and entrepreneurs. For nearly 50 years, one way banks have done this is through small business investment companies, or SBICs, which are private organizations licensed by the Small Business Administration to ...

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Top White House Official to Speak at ABA Convention

Gary Cohn -- director of the National Economic Council at the White House and one of President Trump’s top economic advisers -- will be a keynote speaker at the ABA Annual Convention that starts next weekend in Chicago. Cohn is scheduled to speak on Oct. 16.

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House Passes ABA-Backed Liquidity Bill

The House today passed H.R. 1624, a bipartisan, ABA-backed bill that would expand banks’ ability to count municipal securities as high-quality liquid assets under the Liquidity Coverage Ratio.

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