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Federal Direct Loans News

B2B CFO EXPANDS IN PENNSYLVANIATuesday, July 19, 2011 @ 5:58PMGreensburg, PENN. July 19, 2011 B2B CFO is pleased to announce its expansion in Pennsylvania with the addition of Dennis Kennedy. Kennedy is joining B2B CFO after a 37-year successful corporate career in finance. He joins eight other B2B CFO Partners in Pennsylvania who currently provide CFO services to local business owners. With close to 200 partners across the country, B2B CFO, is the...

Anything’s possible if U.S. debt downgraded to AA 0Tuesday, July 19, 2011 @ 3:41PMFor those who think a deeply indebted United States has begun its long, slow fade as the world’s dominant financial power, the loss of the country’s gold-plated AAA credit rating would seem poetic justice.

New York Deadline to Apply for SBA Working Capital Disaster Loans Due to a Variety of 2010 Weather Events is August 17Tuesday, July 19, 2011 @ 2:49PMATLANTA--(BUSINESS WIRE)--The U.S. Small Business Administration is reminding small businesses that August 17 is the filing deadline for federal economic injury disaster loans available in New York because of excessive rain, flooding, flash flooding, hail and high winds that occurred between June 2, 2010 and July 21, 2010. The SBA’s disaster declaration includes the following counties: Clinton ...

Valley National Bancorp Receives State Bancorp, Inc. Regulatory ApprovalTuesday, July 19, 2011 @ 2:25PMValley National Bancorp and State Bancorp, Inc. announced today that Valley received approval from both the Office of the Comptroller of the Currency and the Federal Reserve Bank of New York to complete the previously announced merger of State Bancorp, Inc. and its principal subsidiary, State Bank of Long Island with and into Valley and Valley National Bank. Â It is expected that the merger will ...

ICBA Comments on Dodd-Frank: One Year LaterTuesday, July 19, 2011 @ 11:33AMAs the Dodd-Frank Wall Street Reform and Consumer Protection Act approaches its one year mark, the Independent Community Bankers of America (ICBA) is working on behalf of the nation’s more than 7,000 Main Street community banks to minimize negative regulatory effects and is advocating for legislation that will ensure the stability and vitality of community banks for generations to come. (PRWeb ...

BancorpSouth and Federal Home Loan Bank Provide $198,000 Grant for Affordable Housing for First-Time Homebuyers in ...Tuesday, July 19, 2011 @ 8:58AMBancorpSouth Bank, a wholly-owned subsidiary of BancorpSouth, Inc. , a $13.5 billion-asset financial holding company, recently joined with the Federal Home Loan Bank of Dallas to provide a $198,000 Affordable Housing Program grant to the City of Vicksburg, Mississippi to assist 18 first-time homebuyers with down payment and closing costs. Â The grant funds will help income-qualified homebuyers ...

Ezra Klein: How default would harm homeowners, businessesMonday, July 18, 2011 @ 4:03AMWASHINGTON — It’s easy to understand why the government will have more trouble borrowing if it fails to pay its debts. It’s a bit harder to see why ordinary Americans, the city of Pittsburgh, hospitals in Iowa, and medium-sized corporations will have more trouble borrowing. But they will. And their trouble borrowing is the main channel through which a default, or even something too close to it ...

Personal Finance: Take control of student loan bills nowMonday, July 18, 2011 @ 3:45AMSchool isn't over yet for recent college graduates. Their next test is figuring out how to repay student loans.

Fed has to boost small bizSunday, July 17, 2011 @ 12:27AMThis week Fed Chairman Ben Bernanke made his semiannual trek up Capitol Hill to report to Congress the state of the economy, as required by law. In his prepared remarks, Bernanke said there was more the Fed could do to pep up the anemic economy: "Even with the federal funds...