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Banking & Finance

15 Feb

Suncrest Bank to pay its first dividend

published on February 15, 2021 - 11:46 AM

The board of directors of Visalia-based Suncrest Bank announced the 12-year-old institution will pay its first dividend. The cash dividend

09 Feb

Investors seek Westlands acreage as it enters market

published on February 9, 2021 - 10:02 AM

A 2016 rule has allowed the nation’s largest water district to pay off its debts, eliminating caps on land purchases

27 Jan

Hispanic foundation awarded important lending designation

published on January 27, 2021 - 2:57 PM

The Fresno Area Hispanic Foundation has been designated by the U.S. Department of Treasury’s Community Development Financial Institutions (CDFI) Fund

21 Jan

Community banks embrace fintech to keep up with PPP2

published on January 21, 2021 - 11:07 AM

Banks are catching onto blooming financial technology providers (fintechs), which shorten the turnaround time for PPP loans. The burgeoning industry

20 Jan

Paycheck Protection Program lends $5 billion in first week

published on January 20, 2021 - 2:13 PM

In the first week of the second round of the Paycheck Protection Program (PPP2), 60,000 loans were approved natinwide. The

19 Jan

Feds invest $2.7M for Covid-impacted businesses in Fresno, SLO

published on January 19, 2021 - 1:39 PM

The U.S. Department of Commerce has chosen to invest in Fresno and San Luis Obispo counties’ hard-hit businesses through a

11 Jan

PPP2 Opening day: First-time recipients at front of line, what to do while you’re waiting

published on January 11, 2021 - 2:53 PM

Fresno’s community banks are ready to participate in the second round of the Paycheck Protection Program whenever they get the

08 Jan

New PPP lending can begin Monday, but there’s a catch

published on January 8, 2021 - 10:20 AM

The U.S. Small Business Administration announced Friday that the next round of Paycheck Protection Program borrowing will begin Jan. 11,

07 Jan

Local banks prep for new round of PPP lending

published on January 7, 2021 - 2:36 PM

The new stimulus package, totaling $900 billion, sets aside $284.45 billion for the second round of the Paycheck Protection Program

30 Dec

Local eatery finds new model for raising quesadilla capital

published on December 30, 2020 - 12:02 PM

A local restaurant is fundraising to expand an existing location and possibly open a new location using a unique method