For more than three decades, Donald Davis played the six string, performing on an array of hits for the old Motown and Stax record labels. In fact, his guitar can be heard on Motown’s first hit single, “Money (That’s What... (Continue reading)
The Treasury department announced last week that it will provide up to $1 billion in Troubled Asset Relief Program Funds to spur lending by Community Development Financial Institutions to businesses in the areas hardest hit by the economy.... (Continue reading)
When it came time for Mell Monroe and his wife, Angela Higginbotham Monroe, to refinance their mortgage earlier this year, the couple shopped around for attractive rates. One bank offered a nice enough loan, but there was a catch. The... (Continue reading)
The banking industry’s problems are well known—perhaps too much so. Fortunately, though, consumers have choices that go beyond big, super-sized financial institutions: community banks. ... (Continue reading)