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After dragging its feet, the agency has agreed to a court-supervised process for writing a Dodd-Frank-mandated rule aimed at stamping out discrimination.
February 26
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Lawmakers have also criticized the agency's decision to create qualifying standards for farmers and other small businesses.
February 20
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The startup spawned in Eastern Bank's innovation lab says its bank customers asked for client-friendly software for account opening, credit cards and more types of commercial lending.
February 13
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Reduced dine-in traffic is eating away at bottom lines, forcing eateries to rethink how they borrow money.
February 4
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The bank would make small-business loans on the online retailer’s platform; Fed survey says banks worry about increasing delinquencies, especially in subprime.
February 4
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The people of tiny Duncan, Ariz., have found creative ways to adapt to life in a banking desert, but their experience augurs a worrisome future for many other rural communities.
February 2
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New legislation in Congress seeks to do away with a data-collection mandate that addressed discrimination in business lending. The repeal measure has the support of two bank industry groups based in Washington.
January 10
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On Sep. 30, 2019. Dollars in thousands, except for average loan amount.
December 23 -
The bank, whose 7(a) originations have plummeted in recent years, is developing a portal that will let applicants upload documents, complete forms and track application progress.
December 11
