Small business access to credit and capital - Multimedia
Small businesses are a vital component of our local and national economies. Watch this video to learn how the Dallas Fed stays informed on small business conditions through community visits, meetings and surveys, such as our Texas Small Business Needs Assessment Poll.
This new podcast asks community members and organizations across the U.S. about the challenges they are facing and solutions they’ve found for significant social issues like economic mobility, affordable housing, small business development and community reinvestment. Each episode showcases successful programs that help provide access to opportunity for low- and moderate-income individuals and families. The latest episode, "Access to Healthy Neighborhoods," explores the intersection of community development and health, and features an organization that engages neighbors to build vibrant communities. All episodes are available at accesspodcast.org or on iTunes, Stitcher and TuneIn.
The following video presents information on the Small Bank and Intermediate Small Bank CRA Examination. The Community Reinvestment Act encourages depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods, consistent with safe and sound operations.
Redefining the Challenges & Opportunities for Banks in LMI Neighborhoods Throughout Chicagoland: Results from Community Capacity Discussion Groups
Bank lending in low- and moderate-income (LMI) neighborhoods in the Chicago area has remained well below levels that preceded the Great Recession in 2008. This blog summarizes a 2016 convening by the Community Development and Policy Studies (CDPS) department of the Federal Reserve Bank of Chicago and the Chicago Metropolitan Agency for Planning (CMAP). The meeting brought together more than 20 bankers to share their perspectives on what drives lending and investment trends in their respective markets, and what local banks are doing to increase lending activity in LMI neighborhoods.
Presentations and videos, as well as the 2016 National Survey of Community Banks, are now available from the 2016 Community Banking in the 21st Century Research and Policy Conference, hosted by the Federal Reserve System and the Conference of State Bank Supervisors (CSBS). Held Sept. 28-29, 2016, at the St. Louis Fed, research explored the continuing relevance and importance of the community bank business model; the relationship between community bank size and performance; and community bank regulatory issues. Speakers included Fed Governor Jerome Powell, Chicago Fed President Charles Evans, St. Louis Fed President James Bullard and CSBS Chairman/Texas Department of Banking Commissioner Charles Cooper. H.E. “Gene” Rainbolt, chairman, BancFirst Corporation, provided the evening keynote.
Don't miss this Connecting Communities® webinar, from Nov. 3, 2016, which focused on the emerging field of entrepreneurship-based economic development. Experts provided information from communities that have effectively used entrepreneurship to generate local economic growth. Speakers included Dell Gines, Senior Community Development Advisor, Federal Reserve Bank of Kansas City; Deborah Markley, Co-Founder and Managing Director, Center for Rural Entrepreneurship; Maria Meyers, Executive Director, KCSourceLink; and Erik Pedersen, Vice President of Entrepreneurship, NetWork Kansas.
Interested in data on small business financing conditions? This July 2016 Connecting Communities® webinar features results of a Fed 2015 small-business credit survey (SBCS). Responses provide insight into the dynamics behind aggregate lending trends and shed light on noteworthy segments of the small-business credit market. The survey captures the perspectives of businesses with fewer than 500 employees. Speakers include Claire Kramer, New York Fed; Karen Leone de Nie, Atlanta Fed; and Tammy Halevy, Association for Enterprise Opportunity (AEO).
This blog summarizes responses from the latest survey from the Federal Reserve Bank of Chicago’s Community Development and Policy Studies (CDPS) Division regarding credit availability for small businesses and for people with low credit scores seeking mortgage credit.
A decades-long trend is that jobs in manufacturing and other industries have been replaced with robotic equipment and other automation. The trend toward automation on farms is more recent, and is in many ways redefining what it means to work on a farm. This April 2016 Community Development and Policy Studies blog from the Chicago Fed profiles why it made sense for one Wisconsin dairy farm to make a big investment in a new state-of-the-art farm technology.
Missed the live webcast? Presentation slides and videos are now available from “Community Banking in the 21st Century,” the third annual community banking research and policy conference, hosted by the Federal Reserve System and the Conference of State Bank Supervisors (CSBS). Also available from the conference is a report that details conditions facing today's community bankers. Speakers and moderators of the event, held in St. Louis Sept. 30 - Oct. 1, 2015, included: Fed Chair Janet Yellen; Fed Governor Lael Brainard; St. Louis Fed President James Bullard; CSBS Chairman/Massachusetts Commissioner of Banks David Cotney; CSBS President and CEO John Ryan; and Houston Astros President of Business Operations Reid Ryan, founding investor and board member, R Bank and R Corp Financial, Round Rock, Texas.