LAKE MARY, Fla. -
Last month, the $1.1-billion credit union made its final payment of $100,000 divided among 10 Orange County public schools.
This year Cypress Park, Lake Como, Lockhart, Maxey, McCoy, Ridgewood Park, Rosemont elementary schools; Union Park and Wolf Lake middle schools; and Apopka High School received $10,000 each to buy books for their media centers.
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
While bankers generally seem to support a draft rule that would make larger companies eligible for SBA loans, smaller firms and Democratic lawmakers have panned the proposal.
Even as it also spends big on AI, Bank of America is sending a clear signal that human workers will still play an important role in tomorrow's workforce.
Sixteen percent of consumers took out a buy now/pay later loan in 2025, according to the Federal Reserve, as more low-income consumers turn to the short-term installment loans for everyday expenses such as groceries. That's creating a blind spot for banks that underwrite consumer credit.
Payment firms that also lend money said the Iran war, Canada trade war and other tariffs were already pressuring small businesses. Here's what some lenders are trying to do about it.
