Small Banks

This Guy Is Probably The Nicest Banker In America

The Huffington Post | Alexander Eichler | Posted 05.23.2012

Read More: Small Businesses, Local Businesses, Video, Wall Street, Community Banks, New York State, Patrick Cullen, Cattaraugus, Local Banks, Big Banks, Small Banks, Credit Unions, Money News

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 ...

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Converting to JPMorgan Chase

Rachel Havrelock | Posted 05.01.2012

Read More: Banks, Global Finance, Conversion, Investing, Small Banks, Economy, Economic Crisis, Religion News
Rachel Havrelock

In early March, I received a letter from my bank informing me of an impending "Conversion Date" on May 4. As a Religious Studies professor, I read on eagerly wondering what aspects of my body or soul might change.

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Don't Abolish SBA; Mills Says Her Agency Is Faster, Quicker, Better

Jerry Chautin | Posted 04.12.2012

Read More: Conventional Loans, Financing, Acquisition Loans, Alternative Financing, Small Business Loans, Congress, Small Banks, Barack Obama, Karen Mills, SBA 7a, Working Capital Loans, Community Banks, Small Business Owners, Borrowing Money, Business News, Lending Programs, Franchise Loans, Sba, SBA 504, Business News
Jerry Chautin

Some legislative ideologues and conservative groups would rather abolish the SBA than spend taxpayers' money to boost its small business loan-guarantee programs.

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Zach Carter

'We'll Fight This To The Death': The Vicious Capitol Hill Battle Between Banks and Credit Unions

HuffingtonPost.com | Zach Carter | Posted 03.22.2012

Read More: Corruption, Congress, Small Business, Icba, Community Banks, Lobbying, Economy, Bank Transfer Day, Barney Frank, Move Your Money, Jobs, Cuna, Small Banks, Politics, Video, Tbtf, Wall Street, Banks, Spencer Bachus, Credit Unions, Politics News

WASHINGTON -- In early February, Alabama Republican Spencer Bachus called for a meeting between two of the most quietly influential interest groups in...

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Surprised? Those Big Banks That Got Taxpayer Money Are Still Taking Huge Risks

The Huffington Post | Bonnie Kavoussi | Posted 03.07.2012

Read More: Tarp, Tarp Bailout, Video, Large Banks, Wall Street Bailout, Bailout, TARP Money, Banks, Federal Reserve, Bank Bailout, Big Banks, Moral Hazard, Small Banks, Business News

The big banks that critics claim caused the financial crisis may have gotten bailed out, but they apparently haven't learned their lesson. Large b...

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Christopher Whalen and the Bet on Small Banks

Robert Teitelman | Posted 04.02.2012

Read More: Nassim Taleb, Meredith Whitney, Dealbook, Christopher Whalen, Whalen, Banking, Small Banks, Banks, Business News
Robert Teitelman

Traditional banking is a difficult, commoditized service business, shorn of products that make fat profits. That's the reality that no one ever speaks of when they cry out to revive Glass-Steagall or when they wax poetic about the joys of small-town banking.

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SBA is Making Lines of Credit More Available --- Maybe

Jerry Chautin | Posted 01.11.2012

Read More: Conventional Loans, Large Banks, Holiday Shopping, Financing, Loc, Line of Credit, Invoice Purchasing, Loan Application, Credit Crunch, SBA Loans, Cash Flow, Accounts Receivable, Small Banks, Community Banks, Small Business Owners, Working Capital Loans, Small Business Loans, Borrowing Money, Lending Programs, Business News, Inventory Loans, Credit, Factoring, Financial Institutions, Caplines, Small Business America, Small Business News
Jerry Chautin

To provide the much-needed liquidity, the U. S. Small Business Administration is revising its CAPLine program to make lines of credit more acceptable to lenders and more available to small-business owners. However, banks would rather make conventional LOCs rather than hassle with some of the SBA's requirements.

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It's Really Time to Move Your Money!

Michael McGown | Posted 11.13.2011

Read More: Business News, Interest Rates, Credit Unions, Community Banks, Move Your Money, Megabanks, Small Banks, Checking Account Interest Rates, High Interest Checking Accounts, Business News
Michael McGown

While there are a number of sources for locating good, small, customer-friendly banks and credit unions, I've found two that are quite helpful.

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Lender "Screws Up," Others Can Learn From Its Mistakes

Jerry Chautin | Posted 10.17.2011

Read More: Large Banks, Financing, Alternative Financing, Small Business Loans, Business Loans, Cash Flow, Small Banks, Small Business Owners, Sales Projections, Borrowing Money, Franchise Loans, Sba, Preferred Lender, Financial Institutions, Lenders, Business News
Jerry Chautin

Every bank has its own sweet spot for small-business loans and will look at your application somewhat differently. Find the right one and form a business relationship before applying.

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New Rules Help Regional Banks At Expense Of Big Banks: Analysis

Posted 08.27.2011

Read More: Bank of America, JPMorgan Chase, Small Banks Regulations, Small Banks, Big Banks Regulations, Regional Banks, New Regulations, Business News

NEW YORK (David Henry and Dan Wilchins) - New regulations announced over the weekend will likely benefit PNC Financial Services Group Inc, US Banc...

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Big Banks Are Still Sassy, but Their Branch Offices Are Running Scared

Nicholas Carroll | Posted 08.02.2011

Read More: Move Your Money, Overdraft Fees, ATM Fees, Monthly Account Fees, Regional Banks, Small Banks, Too Big to Fail Banks, Credit Unions, Business News
Nicholas Carroll

As the big banks shrink in assets by their own choices, average Americans can help them shrink to a size where they're no longer Too-Big-To-Fail. Because somewhere ahead is a tipping point, where they become Small Enough To Fail.

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Zach Carter

Bair Cries Foul At Bernanke Over Swipe Fees

HuffingtonPost.com | Zach Carter | Posted 07.12.2011

Read More: Walmart, Durbin, Wall Street, Lobbying, Community Banks, Financial Reform, Bernanke, Wall Street Reform, Target, Swipe Fees, Interchange, Home Depot, Tester, Small Banks, Bair, Video, Politics News

WASHINGTON -- The Federal Reserve chairman and Federal Deposit Insurance Corporation chairwoman insisted Thursday that regulating the fees banks can c...

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Simon Johnson: Why Would Small Banks Oppose Debit-Card Reform?

The New York Times | Simon Johnson | Posted 07.12.2011

Read More: Democrat, Debit Fees, Icba, Durbin Amendment, Dick Durbin, Independent Community Bankers of America, Jon Tester, Debit Cards, Small Banks, Dodd Frank, Business News

It’s not hard to understand why large banks oppose any attempt to overhaul the financial arrangements currently surrounding credit cards and debit c...

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Bernanke: Dodd-Frank Should 'Level Playing Field' For Small Banks

Reuters | Dave Clark | Posted 05.25.2011

Read More: Community Banks, Watson, Federal Reserve Bank, Small Banks, Richard Fisher, Ben Bernanke, Thomas Hoenig, Jeopardy, Wall Street, Ibm, Big Banks, Financial Regulations, Dodd-Frank Bill, Business News

SAN DIEGO - New financial regulatory reforms should help reduce the edge that large banks have over smaller ones because of their implicit support f...

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William Alden

For Small Businesses, Credit Is Still Tight

HuffingtonPost.com | William Alden | Posted 05.25.2011

Read More: Small Business, Unemployment, Credit, Nfib, Loans, Economic Crisis, Business News, Jobs, National-Federation-of-Independent-Businesses, Small Banks, Small Business America, Business News

In a sign that the economic recovery still faces challenges, small businesses continue to report difficulty getting loans. More than 10 percent of sm...

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3 More Banks Shuttered, 14 Failures Already In 2011

AP | MARCY GORDON | Posted 05.25.2011

Read More: Banks Closed, Bank Failures, Economic Crisis, Small Banks, Business News, Banks, Financial Crisis, Banks-Shut, Business News

WASHINGTON — Regulators on Friday shut down three small banks in Georgia and Illinois, bringing to 14 the number of bank failures in 2011 follow...

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Obama's Job Creation Plan and Business Growth Coincide at Exporting

Jerry Chautin | Posted 05.25.2011

Read More: Exporting Loans, Large Banks, Import-Export Bank, Exim Bank, Atlanta, Job Creation, Dan Holt, Obama Administration, Obama, Obama Stimulus, Barack Obama, Small Banks, Charles Green, Virginia, Community Banks, Rat Gibeau, New Legislation, The SBA Book, Georgia, Borrowing Money, Higher Loan Amounts, Lending Programs, Business News, Tennessee, Recovery Act, Financial Institutions, Sba, North Carolina, Exporting, Business News
Jerry Chautin

You can increase your revenues by selling products and services overseas, even if you've never done it before. Moreover, exporting creates jobs in America. That is why Obama wants the federal government to help you get started.

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More Small Banks Close, Failures Climb To 11

AP | MARCY GORDON | Posted 05.25.2011

Read More: Business News, Fdic, Bank Deposits, Sheila Bair, Bank Failures, Small Banks, Economic Crisis, Federal Deposit Insurance Corp, Business News

WASHINGTON — Regulators on Friday closed banks in Colorado, New Mexico, Oklahoma and Wisconsin, lifting to 11 the number of bank failures in 201...

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FDIC Closes 4 Small Banks, Bringing 2011 Failures To 7

Posted 05.25.2011

Read More: Fdic, Bank Failures, Economic Crisis, Federal Deposit Insurance Corp, Business News, Banks, Sheila Bair, Small Banks, Business News

WASHINGTON (Reuters) - U.S. authorities closed four banks -- one in Denver and three in the U.S. Southeast -- on Friday with total assets of $2.7 bi...

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Brokers Are Blamed for Loan Failures

Jerry Chautin | Posted 05.25.2011

Read More: Florida, Taxpayers. Ohio State University, Intermediaries, Atlanta, Fraud, Brokerage Fees, Financing, Commercial Brokers, Small Business Loans, Mortgage Brokers, Commercial Loans, Loan Application, Real Estate, Loan Fees, Small Banks, Sba Guarantee, Nevada, Community Banks, Small Business Owners, Georgia, Borrowing Money, Lending Programs, Business News, Commercial Real Estate, Financial Institutions, Sba, Loan Package, Business News
Jerry Chautin

Lenders, brokers and borrowers beware. The Small Business Administration's Inspector General is looking for errors made during the origination, closing and servicing procedures.

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Former Treasury Advisor Starting Company That Could Help Small Banks

The Huffington Post | William Alden | Posted 05.25.2011

Read More: Business News, Jobs, Unemployment, Lee Sachs, Community Banks, Small Banks, Economic Crisis, Small Business America, Business News

In an effort to restore a crucial segment of the economy that was wounded in the financial crisis, a former government official is starting a company ...

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Nate C. Hindman

Befriending A 'Venture Bank' In The Hunt For Cash

HuffingtonPost.com | Nate C. Hindman | Posted 05.25.2011

Read More: Small Business America, Small Business, Square 1 Bank, Silicon Valley Bank, Small Banks, Startups, Banks, Venture Capital, Investors, Business News

Are venture bankers schooling first-time entrepreneurs and opening up their Rolodexes simply out of the kindness of their hearts?

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William Alden

Small Banks Struggling -- And Small Businesses Are Being Dragged Down With Them

HuffingtonPost.com | William Alden | Posted 11.30.2010

Read More: Small Business, Fdic, Wells Fargo, Umpqua Bank, Economic Crisis, Federal Deposit Insurance Corp, Business News, John Silvia, Sheila Bair, Small Business America, Small Banks, Edward Friedman, Dean Baker, Moody's, Business News

As the American economy shows encouraging signs of improvement, one crucial relationship threatens to impede expansion: Many small banks remain in poo...

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As TARP Ends, Small Banks Still Struggling To Repay

Reuters | Joe Rauch and Dave Clarke | Posted 05.25.2011

Read More: Tarp, Bailout, Community Banks, Troubled Asset Relief Program, Bank Bailout, Regional Banks, Small Banks, TARP Small Banks, Business News

Reuters) - The U.S. government's $700 billion bailout of the financial system has become a form of long-standing aid for many of the nation's small an...

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William Alden

FDIC Report: Small Banks Suffer, As Banking Industry Strengthens

HuffingtonPost.com | William Alden | Posted 05.25.2011

Read More: Business News, Bank of America, Elizabeth Warren, Loan-Loss-Reserves, Fdic, Sheila Bair, Consumer Financial Protection Bureau, Small Banks, Economic Crisis, Federal Deposit Insurance Corp, Business News

As the banking industry as a whole grows stronger, smaller banks are missing out on a recovery, a new report from the FDIC shows. Weakened local banks...

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