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Loans › Community Banks › Small Business

Troutman Pepper Locke

Legislation Introduced in the House Aims to Support New and Rural Banks by Easing Regulatory Requirements

Troutman Pepper Locke on

On January 16, U.S. Representative Andy Barr (R-KY) introduced H.R. 478, the “Promoting New Bank Formation Act,” which was referred to the Committee on Financial Services. This bill aims to support the establishment and...more

Bradley Arant Boult Cummings LLP

Calling All Community Banks: CDFI Fund Opens Applications for FY 2023 Bank Enterprise Award Program

Bradley Arant Boult Cummings LLP on

FDIC-insured depository institutions seeking CRA credit opportunities may be eligible to apply for funding to further impact the distressed communities they serve. On March 31, 2023, the Department of Treasury’s Community...more

Spilman Thomas & Battle, PLLC

SBA Lending May Be Critical to Future Community Banking

Spilman Thomas & Battle, PLLC on

Headlines should read, “Congress and President Do Something Right!” On July 28, 2015, only one day after Congress passed the matter, the President signed into law an increase in Small Business Administration (“SBA”) lending,...more

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