As this graph shows, giant banks consistently make poorer lending decisions and write-off more bad loans than community banks do, and the financial crisis heightened...
This 90-second video shows how giant banks have devoured the banking sector over the past 20 years.… Read More
When the country’s giant banks were teetering on the verge of collapse during 2008’s financial crisis, the U.S. government stepped in to bail them out....
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...
Since 2000, the overall volume of business lending per capita at banks has grown by 26 percent, but this expansion has entirely benefited large businesses....
Over the last few years, the U.S. Small Business Administration (SBA) has dramatically reduced its support for smaller small businesses and shifted more of its...
By Stacy Mitchell and David Morris For years Goldman Sachs gave only a tiny fraction of its profits, less than 1 percent, to charity. Then...
Pagosa Daily Post, July 24, 2013 The Pagosa Springs Community Development Corporation (CDC) has appointed a Board of Advisors (Advisors) that are involved in a...
While just 24 percent of big banks offer totally free checking, more than 60 percent of credit unions and small banks do, according to a...
Here’s a look at six small business issues at stake in next month’s federal and state elections, including bank reform, corporate tax advantages, getting corporate...
A critical function of our banking system is financing small businesses. But big banks are doing a rotten job of it. At the nation’s largest...
Although they control only 21% of U.S. bank assets, small and mid-sized banks provide 54% of small business loans. … Read More
As a share of their total assets, small business lending at the nation’s largest banks fell by 33% in three years. … Read More
In this cover story for Sojourners Magazine, Stacy Mitchell writes that there is remarkably little evidence to support the idea that bigger banks are superior.
One more report decrying the scale and potential for mischief of our large banks might pass unnoticed except for its source: the Federal Reserve System,...