Small Business Lending

Small business lending is a top priority for CBA’s member banks. CBA strongly believes small businesses are the lifeblood of the U.S. economy and we remain committed to improving the small business lending environment and process through pro-business legislation and regulation. Collectively, CBA’s member banks have over $200 billion in small business loans on their books, and remain committed to exploring innovative ways to address the needs of lenders and borrowers alike.
  • October 1, 2015
    Federal Reserve Governor Lael Brainard joined Janet Yellen at the Community Banking Research and Policy Conference with a speech on community bank lending to small businesses and the rise of online nonbank alternatives. “I remain confident that community bankers will continue to play a vital role in the small business lending landscape as the respective business models of online platforms and...
  • September 30, 2015
    September 30, 2015 Marketplace Lending RFI U.S. Department of the Treasury 1500 Pennsylvania Ave NW., Room 1325 Washington, DC 20220 Dear Sir or Madam, The American Bankers Association (ABA)1 and the Consumer Bankers Association (CBA)2 (together, the “Associations”) are pleased to provide the following comments to the United States Department of the Treasury (Treasury) in response to its request...
  • September 23, 2015
    On September 21, 2015, petitioners ACA International, Sirius XM Radio, Inc., Professional Association for Customer Engagement, Inc., salesforce.com inc. and ExactTarget, Inc., Chamber of Commerce of the United States of America, Consumer Bankers Association, Vibes Media, LLC, Rite Aid Hdqtrs. Corp., and Portfolio Recovery Associates (collectively “Petitioners”) filed an unopposed joint motion for...
  • September 10, 2015
    September 10, 2015 The Honorable Jeanne Shaheen The Honorable Johnny Isakson 520 Hart Senate Office Building 131 Russell Senate Office Building Washington, D.C., 20510 Washington, D.C., 20510 Dear Senator Shaheen and Senator Isakson: The Consumer Bankers Association (CBA), the only national trade association exclusively representing the retail banking industry, writes to express our support for S...
  • August 13, 2015
    The Small Business Administration's latest lending statistics confirm what was widely suspected: its two lending programs are headed in opposite directions and some changes may be needed. The agency's flagship 7(a) lending program is firing on all cylinders and then some. SBA had approved loans totaling $19.2 billion through July 25 of the federal fiscal year that began Oct. 1. To put that number...
  • July 31, 2015
    Inspector General Study on CFPB Complaint Portal Finds Inadequacies On Thursday, July 23, 2015, the Office of the Inspector General (OIG) for the CFPB and Federal Reserve Board finalized the Security Control Review of the CFPB’s Data Team Complaint Database. The OIG it will not release the full report due to the sensitive nature of the information, but instead published a summary of conclusions...
  • July 24, 2015
    Breaking News on CFPB Court Challenge According to a Bloomberg report , a Federal appeals court has revived the constitutional challenge to the CFPB. The ruling states a Texas bank can challenge the Bureau's powers even though the bank's conduct has not been subject to any enforcement. CFPB Shuffles Leadership With Steve Antonakes' planned departure, the CFPB announced two personnel changes on...
  • May 22, 2015
    Senate Banking Committee Passes Regulatory Relief Bill In the five years since Congress passed Dodd-Frank, CBA member banks have undergone significant transformation in response to this legislation, while still meeting the needs of the American consumer and small business. As you all know, however, Dodd-Frank is not perfect. Now is the time for Congress to address the unintended consequences of...
  • May 22, 2015
    CFPB Enters Into Consent Order with PayPal On Wednesday, May 20, 2015, the CFPB filed a complaint and proposed consent order in federal court against PayPal for allegedly enrolling consumers in its online credit product, PayPal Credit, illegally. The CFPB alleges PayPal deceptively advertised promotional benefits which it failed to honor, signed consumers up for credit without their permission,...
  • May 15, 2015
    REMINDER : Today is the deadline to apply to CBA Executive Banking School. Learn more... Discussion Draft Released for Senate Regulatory Relief Bill Last week, we noted the Senate Banking Committee could vote this week on legislation aimed at providing regulatory relief for small and regional banks (among other things). The vote has been postponed until next week, but Senate Banking Chairman...

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