iOS app Android app

Community Banks

Is Your Community Bank Well Run?

Mary Ellen Biery | Posted 11.11.2014 | Business
Mary Ellen Biery

The best-run community banks in the U.S. are mostly small, independently owned banks with fewer than a dozen retail branches, less than $500 million i...

Real Estate Investing: Single Family Houses Versus Multifamily Rentals. Which Is Better?

Jerry Chautin | Posted 10.13.2014 | Business
Jerry Chautin

Comparing the investment benefits derived from buying scattered single family homes and condominium units, versus multifamily rental properties is a no brainier.

Small Business Lending Plummets as Loans to Big Business Soar

Stacy Mitchell | Posted 06.24.2014 | Small Business
Stacy Mitchell

Studies show locally owned businesses are a primary source of net new job creation. Yet independent businesses in many sectors are losing market share, while the number of new startups has steadily fallen over the last two decades.  Insufficient capital is a key culprit driving these trends.

Josh Siegel: The Art of Community Banking

One World with Deepak Chopra | Posted 06.11.2014 | Business
One World with Deepak Chopra

As humans we are drawn to other humans. We find comfort and strength in bonding together to form close knit groups that keep in mind the interests of ...

Small Businesses Figure Heavily in Goldman Sachs' PR, But Not Its Portfolio

David Morris | Posted 01.23.2014 | Small Business
David Morris

Goldman is spending handsomely to promote its small business friendly image. But when it comes to actually helping small business, Goldman is far more miserly.

The Future of Regional and Community Banking

Mary Buffett | Posted 11.03.2013 | Business
Mary Buffett

Community and smaller-to-mid-sized regional banks serve a variety of interests. They tend to favor the needs of local and mid-sized businesses or specific socio-economic communities who want a more personalized approach to banking.

What to Consider When Deciding on Large vs. Community Bank

MyBankTracker | Posted 10.27.2013 | Business
MyBankTracker

Both big and small banks provide the same essential services of holding your money and allowing you to incur interest through various savings accounts; however, in other areas, some of the differences are stark.

Community Banks Are Failing; Pawnshops Are Growing

Tanya D. Marsh | Posted 10.25.2013 | Business
Tanya D. Marsh

Five years after the failure of Lehman Brothers, the mega banks have rebounded, community banks that serve vulnerable niches of American consumers, and which played no role in causing the Financial Crisis, are failing, and non-traditional lenders are expanding.

Stepping up the Pressure on Payday Lending

Karen Hinton | Posted 09.21.2013 | Business
Karen Hinton

We should applaud the new resolve of the CFPB, other federal agencies and state legislatures to thwart these abusive practices. But we cannot become complacent.

Preserving Community Banks Should Be Bi-Partisan Priority

Tanya D. Marsh | Posted 09.15.2013 | Business
Tanya D. Marsh

The regulatory framework for financial institutions in the United States, including many provisions of Dodd-Frank, impose significant costs on community banks without providing benefits to consumers or the economy that justify those costs.

1,000 Branch Banks to Serve the Poor (You and Me, Too)

John Hope Bryant | Posted 08.06.2013 | Business
John Hope Bryant

American branch banking needs a renewed and relevant future. Traditional financial literacy needs a renewed and relevant future. Think of an innovative solution which re-imagines each. Imagine returning the word 'community' back into the storyline of American banking.

Is This The World's Most Old-Fashioned Banker?

Reuters | Victoria Bryan | Posted 02.15.2013 | Business

GAMMESFELD, Germany (Reuters) - Peter Breiter, 41, is an unusual banker. Not for him the big bonuses, complicated financial instruments and multi-mill...

New Rules Could Kill Community Banks

Reuters | Emily Stephenson | Posted 12.22.2012 | Small Business

By Emily Stephenson WASHINGTON (Reuters) - New York's top state bank regulator called on Washington on Monday to spare community banks ...

Too Big to Lend

Stacy Mitchell | Posted 12.18.2012 | Small Business
Stacy Mitchell

Small business lending has fallen some at small and mid-sized banks, but not nearly as much as it has at big banks. All of this adds up to what may be the most compelling argument for breaking up the nation's biggest banks.

Scoring the Banks: The Community Impact Record Card as a New Tool for Measuring Bank Performance in Meeting Community Needs

John DeStefano | Posted 12.02.2012 | Business
John DeStefano

The City of New Haven is announcing the release of its first "Community Impact Report Card," an easy-to-understand system for gauging whether local banks are meeting local needs and serving consumers adequately.

'Coolest' Bank Ever Pays Interest In Ice Cream

AP | Posted 09.13.2012 | Money

PITTSBURGH -- State regulators are cool on a Pittsburgh businessman's idea for a bank that pays interest in ice cream shop gift cards. The Pennsylvan...

The $850 Fee Banks Don't Want You To Know About

The Huffington Post | Catherine New | Posted 08.14.2012 | Money

Checking accounts just keep on getting more expensive. Fees on everything from ATMs withdrawals to monthly maintenance and overdrafts have risen in...

Catherine New

How To Get Free Gas This Week

HuffingtonPost.com | Catherine New | Posted 08.14.2012 | Money

Next to offering an open bar night, free gas may be the next best way to soften up potential new customers. That is the strategy community banks and c...

Good Luck Finding An American Who Trusts Wall Street

AP | The Associated Press | Posted 07.24.2012 | Business

-- A survey finds fewer than one in four Americans trust the financial system and that confidence in large banks is eroding. The latest quarterly su...

Deserted By Big Banks, Main Streets Turns To Small Lenders

The Huffington Post | Nate C. Hindman | Posted 08.21.2012 | Small Business

Small banks continue to beat out their bigger counterparts when it comes to small business lending, according to credit marketplace Biz2Credit's June ...

Need A Loan? Don't Count On These Banks

Reuters | Posted 09.08.2012 | Business

(Repeats story published earlier on Monday) * Percentage of tight-fisted community banks doubles * Light lenders hold $8...

Time for Banks to Start Serving Communities Again

John Taylor | Posted 08.19.2012 | Politics
John Taylor

The reason why the government stands behind the banks and insures them is because they are integral to our communities' growth and progress. If the banks turn their back on those communities, they have gotten away from their core purpose and do us all a grave disservice.

Former Banker on How to Recover From Small Business Lending Crisis

Karin Kamp | Posted 08.07.2012 | Small Business
Karin Kamp

The salvation for small businesses appears to be the community banks that represent just 10% of all U.S. banks. These bankers live in the community. These are the old-fashioned relationship bankers that want to know about the character of the person they lend to.

SBA's New Rules Enable Its Small Loan Advantage Program to Reach Small-Business Owners Nationwide

Jerry Chautin | Posted 08.06.2012 | Small Business
Jerry Chautin

Wisely, SBA modified its rules to permit all SBA lenders to participate in the Small Loan Advantage Program effective June 1. The changes are part of SBA's massive modification to its standard operating procedures.

This Guy Is Probably The Nicest Banker In America

The Huffington Post | Alexander Eichler | Posted 05.23.2012 | Money

If you were going to sit down and design the opposite of a Wall Street banker, you would probably come up with someone like Patrick Cullen. Cullen ...