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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. Brazos National Bank. Douglas National Bank. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. FSNB, National Association. HNB National Bank.

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Eyes Facing Forward

Independent Banker

Fortunately, community banks have a certain leg up by secured lending that is collateralized, a package of credit that takes time to assemble but provides much lower credit costs for customers. State/Regional Partners Reception*. State/Regional Affiliate Associations & Exhibitor Receptions*. Monday, March 7.

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The Top 20 Venture Capitalists

CB Insights

Operating Location: Philadelphia, PA. Notable Investments: Lending Club (IPO), DocuSign , Square (IPO), Spotify (IPO), Twitter (IPO), Houzz. Education: Stanford University (MBA), Australian National University (BA/BSC). In October of 2004, Josh founded First Round Capital where he serves as General Partner to this day.

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The 2019 GonzoBanker Awards

Gonzobanker

Brown gives his employees $100 to go open accounts across the Philadelphia area and then shares the results: good, bad and humorous. Niche Payments Acquisition Award – Goes to City National Bank for its acquisition of FilmTrak. This year Brown also had his team shop the digital channel. Congrats to the DNA team for this huge win.

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