South State Correspondent

MARCH 21, 2023

The need for a known, reliable brand creates an excellent opportunity for community banks to help small business customers while building deposit balances. ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. The ERC filing deadline is October 2024.

Taxes 195

Taxes Community Bank Community Operations 195

Jeff For Banks

MARCH 21, 2024

2024 could exceed -$2.0 Trillions of dollars of subsidies on “green” BS projects, electric vehicles no one wants, tax credits, debt forgiveness, and free money all fuel demand and contribute to inflation. Dorothy recently retired from Penn Community Bank where she worked since 2004. Real GDP was +3.2% in 4Q23, of which.73%

Marketing 146

Marketing Policies Report Atlanta 146

South State Correspondent

NOVEMBER 29, 2023

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. Many banks fall into the “recency trap.”

Marketing 195

Marketing Regional National Nashville 195

Abrigo

APRIL 22, 2024

Takeaway 2 Several small business lending processes can tax both borrowers and staff. The Fed’s latest Small Business Credit Survey , conducted in 2023 and released in 2024, found that nearly 60% of employer firms had sought financing in the previous 12 months. They lead to inefficiencies and roadblocks to small business lending.

Lending 243

Lending St. Louis Community Marketing 243