Sentences with phrase «small local community banks»

Not exact matches

Though many community banks in this program have, controversially, used this money to pay off TARP rather than lend to small business, Hall says the money will help Team Capital make $ 200 million in loans to local small businesses, and it has enabled it to loan out $ 40 million in the past year.

The Bank of America Fall 2012 Strong Local Economies May Shield Small Businesses From Possible National Downturn shows that the majority of small business's customers come from the community in which their business is bSmall Businesses From Possible National Downturn shows that the majority of small business's customers come from the community in which their business is bsmall business's customers come from the community in which their business is based.

Community banks and credit unions are entities that have smaller volumes of business than Wall Street firms and derive most of their funds and lending operations in the local areas where they operate.

Borrowers who might be looking for a $ 3,000 or $ 5,000 loan might be pushed into a credit card account for these smaller loan amounts at the local bank, however that very small loan amount in the right hands has the potential to create jobs, build a business, and strengthen a community.

Secondly, we would welcome invitations to speak to local groups, including economic development organizations, community bankers, and city government, about our bill and how it will help Massachusetts communities and small banks.

They were small, and originated as local community banks.

Ultimately, a project that had been designed to benefit a specific group of small businesses in the West Bank came full circle to return benefits to the local financial community.

Local community banks and small regional banks are also a great source to develop a «banker referral source.»

A local bank essentially is a small business in your community.

These are typically small local banks that aim to help members of underserved communities develop their credit.

The Diaper Bank movement began in 1994 when a small consulting firm decided to give back to their local community during the holiday season.

«As a company employing more than 15,000 people, and as the nation's 6th largest U.S. Small Business Administration lender, it's important for M&T Bank to maintain continuing dialogue with our local, state and federal government leaders to help them understand our vital role in creating jobs and economic growth in communities we serve.»

For instance, if you place a high value on banks that emphasize face - to - face interaction and investment in your local community, you may want to look at a small neighborhood bank that has time to personalize its customer service.

Many small local banks and community credit unions don't operate with the same strict list of rules and regulations.

Keep in mind that credit - builder loans are not widely advertised and are usually found at smaller, local financial institutions or community banks.

If you don't bank with a community institution — or if you do but were denied a loan — keep meeting with small mortgage lenders and representatives from local banks and credit unions to find what you need.

As a Peace Corps volunteer he focused on small - business development and helped guide local community members in the creation of their own micro-credit bank.

Rather than applying for a traditional loan through mainstream banks, Vimala — a prominent local food and media activist — appealed to her community for small loans when planning to expand from catering into a full - time restaurant.

The letter to Congress is signed by public and private organizations from every state, including community development organizations; nonprofit service providers; banks and credit unions; state and national trade associations and chambers of commerce, including the American Bankers Association and other groups representing thousands of members; affordable housing organizations; schools, universities and education nonprofits; city governments, state and local elected officials and agencies; and many other businesses, ranging from very large businesses to small, family - owned businesses.

Not all banks will do this but this was a small, local community bank.

Community / small / local banks have different regulations than large banks that are less strict.