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Team building activities are popular, but rather ineffective.
The EXIM lets community banks write bigger lines of credit with less risk and stronger profits.
McKinsey reports that more people and entities will regularly use international payments in the next 5Ys.
With more SMBs buying and selling overseas as well as traveling internationally, there is a growing demand for foreign bank notes and other international services.
Small businesses are at the forefront of international trade.
In releasing the final rule, the federal regulators said 85% of community banks should be able to qualify for the new CBLR ratio rules.
Many community banks are looking to increase their back office efficiency and provide faster availability of funds, with checks between the US and Canada.
Community banks can increase and build deeper relationships by helping these business customers go international.
The Department of Labor announced a final rule to make about 1.3mm workers eligible for overtime pay.
Community banks can raise capital by utilizing Regulation A, which exempts companies from having to register public offerings with the SEC under certain circumstances.