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New Debit Card Rules Pinch Small Banks
From The Washington Post: Community banks and credit unions are reporting lower debit-card processing revenue as a result of financial reform laws, sparking concerns that they may be forced to impose...
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Tax Complexities Hurt Main Street
From CNBC: Dane Stangler has never owned a small business, and doesn’t expect to ever own one. But he’s in a position to understand the challenges facing people who own small companies. Stangler is the...
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Tax Season May Be Delayed Over Fiscal Cliff Law & Timing
From Accounting Today: Tax forms from the federal government and many states may be delayed in the aftermath of the fiscal cliff legislation, one of the largest tax preparation chains warned. Liberty...
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Dodd-Frank Causes More Problems for Small Banks
From MoneyNews Small banks are going out of business in droves and blaming new government regulations. “We were a very soundly run, profitable, growing bank that provided great rates and services,” Ron...
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Fed Enters Unchartered Territory as Assets Hit $3 Trillion
From NewsMax – MoneyNews Federal Reserve Chairman Ben Bernanke’s unprecedented bond buying pushed the Fed’s balance sheet to a record $3 trillion as he shows no sign of softening his effort to bring...
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Geithner’s Parting Words on the Economy
From MoneyNews Outgoing Treasury Secretary Timothy Geithner thinks the U.S. economy will strengthen this year — as long as Congress avoids cutting spending too deeply in a budget deal and Europe’s...
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The Death of the Small Bank in the US?
Chris Mayer at The Daily Reckoning wrote a compelling article on February 28th about small banks: The US government is going to kill the small banking industry in the US. The irony is hard to miss. It...
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Big Banks Getting Bigger
Phoenix Business Journal – by Michael Sunnucks One of the admonitions after the 2008 Wall Street collapse and $700 billion bailout was that big banks cannot achieve “too big to fail” status. “Never...
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Loan Activity – Case Study in Cincinnati
Greater Cincinnati banks’ loans are on the rise, but not all borrowers are created equal writes Steve Watkins of the Business Courier. Plenty of potential borrowers complain that banks aren’t lending...
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Dood-Frank Hurts Small Banks
Washington Post, February 28, 2013 by Timothy Carney I’m not saying the Big Banks love the 2010 Dodd-Frank financial regulation bill. I’m saying they can live with it — and that their smaller...
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