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Community banks most likely to approve small business loans

Abrigo

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia.

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Philly Mall Owner Sets The Tone For Digital 3.0

PYMNTS

A Philadelphia-based mall owner is taking a proactive approach to the digital shift and back-to-school shopping. PREIT (Philadelphia Real Estate Investment Trust) is curating its first eCommerce offering in what it says is a unique avenue to engage consumers from a multi-retail perspective. Coradino , CEO of PREIT.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. First Community Bank of the Heartland, Inc.

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How Main Street Businesses Honed Their Survival Skills In 2020

PYMNTS

According to PYMNTS data, more than 60 percent of Main Street firms have at least three channels operating to drive sales: online, at physical stores and mobile. Seventy-one percent use online channels, 68 percent use physical stores, 66 percent use mobile and 59 percent use marketplaces.

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Virtual Gaming Grows Into A Force For Tourism And Even Atlantic City

PYMNTS

Louis, Philadelphia and Liverpool to the gaming event list. This example involves online and mobile forms of gambling, which continues to spread and develop in the U.S. Through large-scale live events, hundreds of thousands of players from around the world have come together to play games, explore the world, and share experiences.”.

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FI Highlight: East River Bank

Banking 2020

Banks and credit unions alike often find themselves wondering how they can further connect with their local communities. In this FI Highlight, Christopher McGill, president and CEO of East River Bank in Philadelphia, discusses how his bank’s marketing initiatives are helping to drive community engagement.

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Amazon Same-Day Is Finally Expanding To The Bronx

PYMNTS

The move comes after community representatives complained that the service’s geographic limitations had some racial disparities. The firm also pointed to cities like San Francisco and Philadelphia where there is no disparity reported. Amazon’s same-day delivery program is coming to the Bronx.