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Viewed as a critical component of the roadmap to driving economic mobility and financial access for those most in need
The American Bankers Association fears that new lenders will not be held to the same regulatory standard as banks
Claims the plans will create unnecessary burdens on business and confuse investors
90% of businesses worldwide are small and medium enterprises, or SMEs
Merchants & Marine Bank and City National Bank have launched separate initiatives to support small businesses and local communities
Entities that are not federally regulated should not be allowed to make SBA-approved loans, industry groups argue
Plus: Executive appointments at Truist, Provident Bank, WaFd, Comerica
The pause on student loan payments that has gone on for over two years is supposed to end at the end of the month
Umpqua Bank’s research highlights the concerns of small businesses amid growing inflation
The women-owned Texas-based bank has received its charter from the Office of the Comptroller of the Currency
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