Remove Community Remove Maine Remove National Remove Security
article thumbnail

How To Do Better Against National Bank Lending Competition

South State Correspondent

Community bankers need to understand their competitive landscape. Who the competition is, what the lending competition is offering, their delivery channels, and service levels can help community banks differentiate their services and enhance their competitive advantage.

National 195
article thumbnail

Main Street Lending Program Offers Loan-Purchase Option to Lenders Helping Businesses

Abrigo

Key Takeaways The Federal Reserve recently unveiled a new loan-purchase program, the Main Street Lending Program (MSLP) Unlike the PPP, loans provided under the MSLP are not eligible for loan forgiveness Community financial institutions play an important role in the MSLP. Community Financial Institutions Play an Important Role in MSLP.

Maine 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Square’s Results Spotlight Main Street SMBs’ Resilience — And (Cash) Challenges

PYMNTS

And often, drilling down into business segments and management commentary provides insight into just how we as a nation are faring, depending on where you look. All eyes may be trained on Wall Street now, and Main Street too as the latest tranche of business lending gets underway. Customers stored more than $1.3

Maine 141
article thumbnail

National Small Business Week Celebrates the American Entrepreneurial Spirit

Abrigo

Small Business Administration What creates two out of three net new American jobs; produces close to half of our nation’s goods and services (nonfarm private GDP); and can be found, coast to coast, in every small town, big city and rural enclave? Counseling: SBA provides free consultation and advice to help Main Street succeed.

National 150
article thumbnail

Experts: US House Examines Legislative Actions To Combat Cybercriminals

PYMNTS

But Kellerman and other security experts advocated at the hearing for legislative measures, such as modernizing anti-money laundering (AML) and forfeiture rules and moving the Secret Service to the Treasury Department, to help combat the threat. ” A memo included with the subcommittee’s documents also pointed to the U.S.

US 227
article thumbnail

On Main Street

Independent Banker

Nowhere is this more consequential than in the cybersecurity undertaken by the nation’s financial sector, including community banks. As community bankers, we’re learning more firsthand every day how swiftly sharing accurate, actionable and high-quality information has become our best defense in combating cybercrime.

Maine 70
article thumbnail

10 Top Banking Podcasts You Should be Listening to

Abrigo

Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. Main Street Banking: A Podcast for Community Bankers 8. Yet some platforms’ podcast rankings seem to promote podcasts that haven’t put out new episodes in years. Banking Transformed 2.

Community 195