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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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The top-performing community banks of 2021

Independent Banker

The Philadelphia Trust Company. Philadelphia. Genesee Regional Bank. The community bank uses the Entrepreneurial Operating System, commonly known as EOS Traction, to keep departmental efforts aligned. Philip Pecora, president and CEO, Genesee Regional Bank. Genesee Regional Bank. Less than $300 million.