TITLE

Bigger not always better for small-business banking

AUTHOR(S)
Edwards, John G.
PUB. DATE
June 2011
SOURCE
Las Vegas Business Press (10712186);6/13/2011, Vol. 28 Issue 24, pP4
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article offers advice for small businesses on selecting a bank. William Martin, chief executive officer (CEO) of Service1st Bank and a longtime Nevada banker, says key considerations include convenience, cost, accessibility and bank rules. According to Martin and other independent bankers, community or independent banks are usually the best option for small businesses. Rich Robinson, president of Kirkwood Bank, adds one should also pick a bank that is safe and secure.
ACCESSION #
61902248

 

Related Articles

  • BIG BUSINESS comes in small packages. Feig, Nancy // Community Banker;May2006, Vol. 15 Issue 5, p80 

    The article reviews some of the fundamentals of small businesses aimed to help community bankers understand the market and capture more of their business. Small businesses are firms with fewer than 500 employees and employ half of all private sector employees. They pay 45 percent of total U.S....

  • Focusing on small business lending. Britt, Phil // America's Community Banker;Apr98, Vol. 7 Issue 4, p28 

    Reports on small business lending operations of community banks in the United States as of April 1998. Profit opportunities offered by small business lending to community banks; Factors affecting the small business lending market; Changes in government regulations; Community banks' use of the...

  • Ferreting Out Customers Becomes Tougher Than Ever. Conrad, Lee // U.S. Banker;Nov2005, Vol. 115 Issue 11, p66 

    Focuses on the elusiveness of small business loans for community bankers in the United States. Pricing strategies of community banks; Factors contributing to the difficulty for community banks to gain profit from small-bank loans; Advantage of credit scoring.

  • Braced for Worse, Lenders Like SBA Budget Proposal. Reosti, John // American Banker;2/11/2005, Vol. 170 Issue 29, p1 

    Reports on the spending plan of the Small Business Administration for 2006. How the plan would fund a record level of lending; Criticism of the plan by Democrats, saying that it would increase small business borrowing costs; Analysis of the spending plan; Comments from bankers.

  • Small Business Loans and Small Bank Health. Laderman, Elizabeth // FRBSF Economic Letter;8/27/2012, Vol. 2012 Issue 26, p1 

    The article focuses on the conditions of small banks in the U.S. in 2011. The author looks into the relationship between growth in small business loans and the lender's total financial condition. She mentions that total business loans under one million dollars by small banks have declined in...

  • THE BANK in your backyard. Moran, Gwen // Entrepreneur;Jul2010, Vol. 38 Issue 7, p82 

    This article discusses the benefits of small businesses using local community banks for their commercial financing instead of large banks. The article cites the success stories of two businesses that have had positive results from using community banks. Banking market research firm, Barlow...

  • Pullback in Secondary Market Hits SBA Lenders. McGeer, Bonnie // American Banker;10/30/2008, Vol. 173 Issue 210, p1 

    The article discusses the impact that changes in the secondary markets are having on lenders borrowing from the U.S. Small Business Administration (SBA). Steps that lenders have been required to make due to changes in market conditions are mentioned. Reasons why investors are not purchasing SBA...

  • Cookie Cutter vs. Character: The Micro Structure of Small Business Lending by Large and Small Banks. Cole, Rebel A.; Goldberg, Lawrence G.; White, Lawrence J. // Journal of Financial & Quantitative Analysis;Jun2004, Vol. 39 Issue 2, p227 

    The informational opacity of small businesses makes them an interesting area for the study of banks' lending practices and procedures. We use data from a survey of small businesses to analyze the micro level differences in the loan approval processes of large and small banks. We provide evidence...

  • GRABBING YOUR PIECE OF THE SMALL BUSINESS MARKET. Stock, Howard J. // Bank Investment Consultant;Jun2004, Vol. 12 Issue 6, p26 

    Focuses on how novel products and marketing approaches are helping banks in the United States of all sizes target the small business market. Edge that community banks often enjoy with small business owners because they are local themselves; Two approaches that banks take with regard to small...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics