Posts

Small Banks, Big Benefits (Episode 16)

Small Banks, Big Benefits (Episode 16)

April 13, 2017

Nick Stumo-Langer

In this episode of the Building Local Power podcast, our guest is Justin Dahlheimer, president of a community bank in west-central Minnesota. Justin and our hosts discuss the benefits of community banking, and how banks lend differently when they have a vested stake in their community.         READ MORE


A Tool to Find Banks that Invest in the Local Economy

A Tool to Find Banks that Invest in the Local Economy

October 8, 2015

Olivia LaVecchia

A new tool called Bank Local, which was developed with input from ILSR and other experts, makes it easier to assess the impact that banks have on their communities.         READ MORE


How One State Escaped Wall Street’s Rule and Created a Banking System That’s 83% Locally Owned

How One State Escaped Wall Street's Rule and Created a Banking System That's 83% Locally Owned

September 1, 2015

Stacy Mitchell

North Dakota has a different kind of banking sector than the rest of the country does, with six times as many locally owned financial institutions per person as the rest of the U.S., and local institutions controlling 83 percent of the market. What is North Dakota doing differently? A lot of the answer is the Bank of North Dakota.         READ MORE


In Depth

Understanding the Small Business Credit Crunch

Understanding the Small Business Credit Crunch

April 16, 2014

Stacy Mitchell

Even as their big competitors are awash in capital, many locally owned businesses are struggling to secure the financing they need to grow. This analysis finds that, since 2000, bank lending to large businesses is up 36 percent, while small business loan volume has fallen 14 percent and "micro" business loans — those under $100,000 — have plummeted 33 percent.               READ MORE


Community Banking Resources