PYMNTS
MARCH 5, 2016
The Federal Reserve published the findings of its research on small business lending habits in the U.S. But Federal Reserve Bank of Cleveland senior policy analyst Ann Marie Wiersch told Forbes in an interview that bank lending to small businesses is still struggling.
Abrigo
JANUARY 22, 2015
The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia. While the approval rates are high and portfolios are expanding, the OCC did point out that lending standards continued to soften.
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PYMNTS
OCTOBER 31, 2016
We — like the rest of population not living in Cleveland right now — are pulling for them. And Lending Club — perhaps disappointed with its results of late in its central business — is branching out. billion was largely consumed by operating expenses, which climbed 29 percent to $32.1 Lending Club’s New Groove.
PYMNTS
JANUARY 14, 2020
On that score, online lenders have been successful, according to a just-released study from the Cleveland Federal Reserve. That, according to the Cleveland Fed, is the good news. But speed was just as critical a factor.
PYMNTS
JANUARY 14, 2020
On that score, online lenders have been successful, according to a just-released study from the Cleveland Federal Reserve. That, according to the Cleveland Fed, is the good news. But speed was just as critical a factor.
Abrigo
NOVEMBER 29, 2021
Financial institutions generate most of their income by lending and investment activities. A recent study by the Cleveland Fed noted that traditionally, noninterest income is only 30% to 40% of small banks’ operating revenue, compared with over half of large banks’ revenue. Types of Noninterest Income.
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