House Passes Cannabis Banking Bill -
"The House passed the same bill in 2019 by a similar margin, but it stalled in what was then the GOP-controlled Senate."
Why this is important: The Safe Banking Act, if passed, will...more
5/10/2021
/ Banking Sector ,
Banks ,
Cannabis-Related Businesses (CRBs) ,
CARES Act ,
FDIC ,
Financial Institutions ,
Financial Services Industry ,
Loan Forgiveness ,
OCC ,
Paycheck Protection Program (PPP) ,
Payday Loans ,
SBA ,
True Lender
Welcome to our inaugural issue of Promissory Notes -- our e-newsletter focused on banking and finance insights. This monthly publication will look at the top news stories in the industry, while also explaining WHY those news...more
As we all know by now, much of our day-to-day lives have been upended by the COVID-19 pandemic. We are being told by everyone everywhere - the CDC, the President, governors, mayors, public health officials - we need to...more
3/27/2020
/ Business Closures ,
Commercial Bankruptcy ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Financial Distress ,
Financial Institutions ,
Lenders ,
Public Health Emergency ,
Restaurant Industry ,
Small Business ,
Small Business Loans ,
Small Business Reorganization Act of 2019 (SBRA)
In This Issue:
- Looking Back, Looking Forward: A 2015 Retrospective and 2016 Predictions:
This past year has seen many changes in the community banking industry. Some of these issues we expected and some had more...more
In This Issue:
- Another Perspective - James C. Cherry, Chief Executive Officer, Park Sterling Bank:
With more than three decades of experience in banking in North Carolina and Virginia, Park Sterling's CEO James C....more
10/21/2015
/ Anti-Deficiency Provisions ,
CEOs ,
Community Banks ,
Cyber Attacks ,
Cybersecurity ,
Data Breach ,
Financial Institutions ,
Foreclosure ,
Guarantors ,
Incident Response Plans ,
Lenders ,
Mortgages