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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? Tune in all week for live-streaming , beginning at 7:30 p.m. Every business starts small.

National 150
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Scottsdale Community Bank: Making microloans

Independent Banker

Small businesses] need a place that will listen to their financial needs and to their dreams of being independent, having financial security, contributing to the community and providing resources for their families.” Expanding the lemonade stand Something So Worth It—a nonprofit organization in Phoenix, Ariz.,

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Tuesday Morning Seeks Chapter 11 Bankruptcy Protection

PYMNTS

It has asked the bankruptcy court to give the go-ahead to close a minimum of 132 locations in phase one and ultimately the Phoenix distribution center that serves those locations. The retailer, which was started in 1974 and is based in Texas, has roughly 700 locations throughout the nation.

Texas 130
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Morning Scan: Wells Claws Back Bonuses; Goldman Goes Flexible

American Banker

Deutsche sells insurer: Deutsche Bank, which is under heavy pressure to raise capital, said Wednesday it sold its Abbey Life insurance unit to Phoenix Group Holdings for $1.22 for allegedly selling toxic mortgage-backed securities, in addition to other problems, including a failed stress test and weak quarterly earnings.…

Phoenix 28
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Education: By Popular Demand

Independent Banker

These in-depth and timely professional development programs are designed exclusively for community bankers and led by nationally recognized industry experts who know the issues community banks grapple with. It is the only nationally recognized leadership event designed especially for middle- and upper-level community bank executives.

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A Deep Dive into the Distribution of the FICO Score Across the US

FICO

So, while the average FICO® Score is increasing over time at the national level, what about at the state or city level? While 31 states (and the District of Columbia) have an average score higher than the national average of 706, we generally see that the Midwest and New England states have the highest average FICO® Scores.

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East Africa M&A Moment: June 2015

Bankelele

And today, Uganda’s National Social Security Fund has bought a 2.44% stake in Equity Bank Group from Helios Investors at Kshs 50 per share – and the new deal is worth ~$50 million. - National Bank management said it has not been briefed on any merger plans with its State-owned rival Consolidated Bank.

Groups 28