Small Business Banking

Interest rate hedging solutions may help smaller financial institutions compete with larger rivals while offering greater flexibility to borrowers.

The Paycheck Protection Program worked to some degree, but the length and breadth of the pandemic requires a broader approach.

Small business relief programs have held bankers’ undivided attention lately.

COVID-19 has disrupted our communities and cost us greatly, but it has also breathed new life into our sense of community and improved how we communicate and work together.

As an increasing number of professional services move towards a demand initiative, the gig economy has become a major part of our overall work landscape.

“Technology will transform bank services and remove many of the barriers that have plagued lending to small businesses,” says Karen Mills, a senior fellow at Harvard Business School and former head of the Small Business Administration for the Obama administration.

Not much thought is always given to exactly what puts the “community” in “community banking.

Small businesses are a big deal to the people who own, operate and create them.

These past several years big banks have gotten bigger, re-allocated assets away from smaller, communities and invested in faster growing urban markets where they can achieve economies of scale in distribution and marketing.