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Industry News - May 14, 2019
May 14, 2019
KeyBank Invests $197 Million Locally Under Community Benefits Plan
In Western New York, KeyBank has made about $197 million worth of investments as it closes the second year of its five-year, $16.5 billion national community benefits plan.
Source: The Buffalo News
Small Bank Plays a Big Part in Inclusive Economic Development in the Mississippi Delta
As the primary financier of mortgages and community development projects in Clarksdale, Mississippi, Southern Bancorp is an important thread in this economic development tapestry.
Source: Forbes
A Group of Black Doctors Have Opened The First Black-Owned Urgent Care Center in Chicago's Southside
Premier Health Urgent Care will be the Southside's first Urgent care facility, and hopes to provide affordable healthcare to a population in desperate need of it.
Source: Blavity
Asian Americans Keep Winning in the Trump Economy
Tax cuts, opportunity zones, and the deregulatory agenda have been a boon for Asian American –owned businesses.
Source: Washington Examiner
FTC Commissioner Calls for Review of Small-Business Loan Practices
Commissioner Rohit Chopra seeks to scrutinize potentially abusive terms in small-business lending contracts more closely, including the use of a legal instrument known as a confession of judgment.
Source: Bloomberg LP