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Let’s Put a Stop to Credit Union End Run Around Congress

Finer Points

The tax-exempt credit union industry apparently skipped this civics lesson because it obviously doesn’t believe it should have to listen to Congress. The National Credit Union Administration has proposed dramatically revising business-lending rules for these tax-subsidized institutions. Current […].

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Welcome to Union Bank’s North Conway Branch!

Ublocal

Meet our North Conway team, a group of local experts dedicated to understanding the banking needs of the Greater Mount Washington Valley region. After 17 years, I was presented with the opportunity to travel the country and took a job in Software Implementation for a Commercial Lending LOS system. Washington Valley is very tough.

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Strong Cash Flow Has SMBs Pulling Back Financing Demand

PYMNTS

Reports in The Washington Post on Monday (July 2) said the survey shows small- and medium-sized businesses (SMBs) in the U.S. Some economists say tax reform is also likely to boost the nation’s SMB population. Strong cash flow among U.S.

National 109
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JPMorgan’s Dimon Says Brexit Looms While ‘Something’ Wrong with U.S.

PYMNTS

As a new administration settles into Washington, D.C., being told to depart as a harbinger of pressures to come, even as corporate taxes have been, as he sees it, high enough to move businesses to seek opportunities beyond U.S. Among them, the Millennium has seen funding of wars and debt to the tune of trillions of dollars.

Taxes 115
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The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA. Less than $300 million.

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Saving Main Street: Advocacy Groups Propose New Government Relief Programs

PYMNTS

Most small businesses don’t have a lending relationship with a bank. In Washington State, Frey said that “for every $1 it invests in a Main Street program, there is a $13 return to the public coffer” in the form of taxes and fees. Government agencies would lend at 1 percent, branding the program “One for America.”. “In

Maine 142
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The ICBA 22/23 executive committee is all in

Independent Banker

ICBA president and CEO Rebeca Romero Rainey, Washington, D.C. We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. For instance, ICBA is calling for congressional hearings on the credit union tax exemption. Coldwater, Ohio. Grand Rapids, Minn.;