INDIANAPOLIS - (04/11/05) -- Community Choice FCU said last weekit is partnering with two non-profits, Neighborhood Self-EmploymentInitiative and Local Initiatives Support Corp., to create a microloan fund that will help finance local small businesses. TheIndianapolis Microloan Fund will provide loans of $500 to $10,000will target small businesses unable to obtain traditionalcommercial credit due to their size or lack of operating record.The fund will target both existing businesses andstart-ups.
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The Dallas-based regional bank tapped a client for its copilot capabilities, where employees can message a bot instead of a human to get tech assistance.
18m ago -
Leaders of ORNL Federal Credit Union are piloting Zest AI's new artificial intelligence-powered assistant to ensure equitable underwriting practices and measure performance against similar institutions.
35m ago -
Powered by younger, affluent cardholders, American Express saw a 6% increase in billed business during the first quarter, while weak growth still plagues its small-business segment.
2h ago -
For the better part of the past decade, the Federal Reserve Board in Washington has played a more active role in presidential searches by regional reserve banks. The shift seems to have made the system more diverse, but some argue it's at the expense of regional bank independence.
3h ago -
Beth Johnson, a self-described math geek, is driving the bank's ESG strategy and training its employees to keep pace with industry trends.
4h ago -
The Cleveland-based bank is projecting steady growth in net interest income even as credit losses remain manageable. But Chairman and CEO Chris Gorman also said that he thinks a recession is likely.
April 18