Washington, DC – A new report by the Congressional Budget Office (CBO) has brought to light significant concerns regarding the balance between the public subsidies received by Federal Home Loan Banks (FHLBanks) and the public benefits they claim to offer.
SMBs need fast, flexible and digital-first solutions that help rather than hinder growth. However, their needs have been traditionally underserved by banking incumbents who view them as too small to warrant the tailored services afforded to corporates, yet too diverse to be addressed in a scalable way like retail banking clients.
For small businesses struggling to stay afloat during COVID, time was of the essence. When help materialized in the form of the emergency Paycheck Protection Program (PPP) administered by the Small Business Administration, businesses owners knew they had to move fast to apply for first-come-first-served funds necessary to keep their doors open and their people employed.
OLYMPIA – The Washington State Department of Financial Institutions (DFI) issued a temporary cease and desist against Sigue Corporation (Sigue). As of Friday, March 15, 2024, Sigue is prohibited from collecting any new funds for transmission or currency exchange.
Consumer advocates in Oregon are praising recently passed legislation they say changes the landscape on debt collection. Senate Bill 1595, known as the Family Financial Protection Act, gained approval from lawmakers during this year's short session.
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