Remove Community Remove Philadelphia Remove Regulation Remove Taxes
article thumbnail

Your Financial Institution Issued a PPP Loan – Now What?

Abrigo

Community financial institutions have worked non-stop since learning of the Paycheck Protection Program (PPP) to understand the details, take applications, and get loans through the SBA E-Tran system so that fellow business owners in their communities can retain or bring back workers. BSA Rules and Regulation. Learn More.

Lending 221
article thumbnail

Guest Post: Quarterly Financial Markets and Economics Update by Dorothy Jaworski

Jeff For Banks

Third, the explosion in regulations over the past eight years has served to hinder businesses, especially new small business formation, and has drained valuable resources as compliance costs soared. He has promised the elimination of many regulations that are strangling businesses.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Guest Post: FInancial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

This is because the economy has been gaining momentum, however modest, from the tax cuts and deregulation. As well as the economy has been doing from the momentum of tax cuts and reduced regulation, there are always looming issues. In our local area, we are still seeing modest growth in Philadelphia and surrounding counties.

article thumbnail

Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

That got regulator's attention in the form of a May 2011 Consent Order (CO). billion in asset company headquartered in West Virginia, providing community banking services primarily in the Eastern Panhandle and South Central regions of the state, and the Northern and Shenandoah Valley regions of Virginia. Summit Financial Group, Inc.

article thumbnail

Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

I believe that we are in this era of weak growth, now eight years old, for the long haul unless changes are made to regulation and we stop adding debt at break-neck speed. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. Many of my economic views contain the word “weak.” I do not take this lightly.