Despite a choppy start to the Small Business Administration’s Paycheck Protection Program over the past week, ABA President and CEO Rob Nichols said he expects to see funds begin to be distributed “at scale” in the coming days.
By looking at recent alternative banking announcements, banks can learn a few things that will help them take their commercial banking to the next level.
Minority-owned businesses were more likely to report financial challenges compared to white-owned businesses, according to a study released today by the Federal Reserve Bank of Atlanta.
A move by the National Credit Union Administration to quadruple the appraisal threshold for nonresidential real estate loans could have broad-reaching consequences for the financial system, according to an op-ed by Appraisal Institute President Stephen Wagner published in American Banker today.
By Hillary Kelbick