Washington DC

Industry group urges reopening of SBA, citing impact of shutdown

01/22/19

The shutdown is keeping the agency from approving about 300 loans per day, according to CBA President Richard Hunt.

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Bad for business? Weighing shutdown’s impact on commercial loans

01/18/19

Credit union and bank executives say the federal work stoppage hasn’t hit business lines yet, but that could change if things drag on much longer.

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Agriculture Department reopens briefly to assist farmers hurt by shutdown

01/17/19

Farm Services Agency staff will have three days to work on existing loan applications and provide tax documents for existing loans.

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Washington de novo receives conditional FDIC approval

01/14/19

Though it wil be based in the nation's capital, MOXY Bank will also have significant operations in Charlotte, N.C.

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Shutdown has farmers and their lenders sweating

01/14/19

The impasse has halted grant and loan applications and frozen many farm subsidies just weeks ahead of planting season.

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Alternative lenders try to fill void left by shutdown

01/11/19

The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission.

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ICBA selects first fintechs for new accelerator program

01/09/19

The 10 startups will receive initial investments, mentoring and training as part of the ICBA ThinkTECH Accelerator.

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Government shutdown grinds SBA lending to halt

01/08/19

The agency is unable to process loan applications and faces a daunting backlog once Washington returns to work.

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ICBA to create online directory of fintech firms

12/14/18

The directory, which will debut next year, should help community banks find potential fintech partners.

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Lawmakers join opposition to SBA poultry lending plan

12/05/18

Dozens of House members and four senators agree with arguments by farmers and lenders that a proposed change to the 7(a) program would disqualify worthy borrowers.

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