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This webinar, hosted by WBA and presented by PCBB, will help community banks identify strategies for data mining that will spotlight and strengthen relationships with PPP borrowers, and identify profitable customers.
In this webinar, hear strategies for data mining that will spotlight and strengthen relationships with PPP borrowers, and identify profitable customers.
Now, with PPP forgiveness underway, what should CFIs expect from the audit process of these loans?
CFOs at community financial institutions have their hands full now more than ever — low loan demand, an overflow of deposits, margin pressure, potential credit quality issues, and more.
With loan activity still mixed and PPP forgiveness leading to more cash, community financial institutions are looking for ways to manage their balance sheets.
Federal officials just extended a PPP rule change to March 31, 2022, which makes it easier for executive officers, directors, and principal shareholders to apply for PPP loans.
Deposits increased by $3T over the past 14 months, leaving most financial institutions with a major imbalance — and major concerns about their net interest margins and return on assets.
While 41% of these small businesses reached out to big banks for PPP loans, only 52% of those received the funds they wanted.
PPP funding is back!
The Paycheck Protection Program has been a lifesaver for many small businesses.