Main Street Monday – Over 57% of Small Business Owners are Baby Boomers

May 20, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Over 57% of Small Business Owners are Baby Boomers Over 57% of small business owners are baby boomers, according to findings from the latest Small Business Trends survey conducted by Guidant Financial and the LendingClub Corporation. The survey, polling more…

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Fraud Friday – Credit Union VP Pleads Guilty to Fraud

May 17, 2019 By Dominic J Bartolone Contributing Editor, Fraud Friday Fraud Friday – Credit Union VP Pleads Guilty to Fraud A former credit union vice president from Vancleave, Mississippi, pled guilty to theft from a credit union in U.S. District Court in Gulfport. Merideth Christina McMillan, 46, was accused of stealing more than $350,000…

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Main Street Monday – Q2 Survey Results Find Business Conditions are Good

May 13, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Q2 Survey Results Find Business Conditions are Good Key findings revealed in the latest survey from the CNBC/Survey Monkey survey, which polled 2000 small business owners, indicate that business conditions are good. “Across a number of key fronts, small business…

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Fraud Friday – Billings Man Indicted for Defrauding Canadian Bank

May 10, 2019 By Dominic J Bartolone Contributing Editor, Fraud Friday Fraud Friday – Billings Man Indicted for Defrauding Canadian Bank A Montana businessman was indicted for bank fraud for allegedly inducing a Canadian Bank to loan him more than $40 million based on phony loan documents. Todd Capser, 47, of Billings, was arrested May…

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C-Suite Wednesday — SBA Wants More Loans from Credit Unions

May 8, 2019 C-Suite Wednesday — SBA Wants More Loans from Credit Unions The National Credit Union Administration and SBA have signed an agreement to increase credit union participation in SBA lending. Fewer than one in 10 credit unions participate in SBA’s lending program The NCUA says the memorandum of understanding “to undertake a series…

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Main Street Monday – Small Business Owners Optimism Down Slightly

May 6, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Small Business Owners Optimism Down Slightly In the semi-annual survey of small business owners released by Bank of America, it indicates a slight decline in optimism levels. Of 1,504 small business owners surveyed, here are the stats: 48% predicted the…

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