Remove Community Bank Remove National Remove Puerto Rico Remove Regulation
article thumbnail

Guest Post: Second Quarter Economic Commentary by Dorothy Jaworski

Jeff For Banks

60% of them voted “no” in a national referendum on July 5 th and thus rejected a deal with creditors and the likely chance to stay in the Euro. Greece may have to go bankrupt, impacting the many financial institutions who own the sovereign debt of Greece and impacting the many consumers who will lose part of their deposits as banks fail.

article thumbnail

More PPP Funds Would Help CDFIs Lend Money To Micro Businesses

PYMNTS

Community Development Financial Institutions (CDFIs) are hoping more Paycheck Protection Program (PPP) funding is passed by Congress soon so that smaller businesses left behind can stay afloat during the coronavirus pandemic, according to a Tuesday (April 14) report in the Wall Street Journal.