Banks: Small-Business Lending Going Fine, Despite New Report
By Jennifer Jope
According to a recent U.S. Small Business Administration study titled “The Effects of Mergers and Acquisitions on Small-Business Lending by Large Banks,” bank consolidation is jeopardizing small-business lending.
Local Players Brace For BofA’s Impact
By Katie Curnutte and Jennifer Jope
Their signs are up and television and radio spots are running, but North Carolina-based Bank of America’s impact on the New England marketplace isn’t yet being fully felt. In the interim, community banks and credit unions are bracing for the increased competition sure to be created by the banking behemoth by implementing new marketing strategies.
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