Browsing: Community banking

Commercial Lending

In an interview with NPR Marketplace’s Kai Ryssdal Friday, former ABA Chair Laurie Stewart said that additional funding for the Small Business Administration’s Paycheck Protection Program would be appropriate as many small businesses continue to struggle due to the coronavirus and will likely face a very challenging winter.

Community Banking

In response to feedback from banks and fintech providers, the Federal Reserve, working with other financial regulatory agencies, is developing a fintech vendor due diligence guide for community banks, that would provide specific information about the documents and information they need to successfully complete their due diligence obligations, Federal Reserve Governor Michelle Bowman said in a speech today.

Community Banking

The American Bankers Association added three banks to its Nasdaq Community Bank Index (ABAQ) today. The index now includes 309 community banks with a combined market cap of $222.5 billion.

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