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During the current global pandemic, how are the nation’s community banks performing in extending credit to struggling small businesses through the Small Business Administration’s Paycheck Protection Program (PPP)? The FDIC’s Diane Ellis and Angela Hinton discuss new evidence that reveals the deep roots community banks have into the nation’s small business sector.
We bank very differently than we used to. Rather than visiting a bank teller, most U.S. households are banking online or using their personal electronic devices. In this episode of the FDIC Podcast, economist Karyen Chu discusses the results of the FDIC’s 2019 ‘How America Banks’ Survey.
There is a technological wave sweeping over our banking system, changing how banks operate and even how we bank. In this episode, Brandon Milhorn discusses an FDIC effort to promote the adoption of new technology as a means to ensure everyone can participate in the financial life of this country.
What's in a number? When it comes to your credit score, a lot! The FDIC's Leonard Chanin examines what goes into your credit score and why it matters so much in your financial life.
Alden McDonald, President and CEO of Liberty Bank, an African American owned and managed bank, joins us to talk about the critical role of Minority Depository Institutions in our nation’s banking system and how they serve the financial needs of communities of color.
Against the backdrop of the global public health emergency, Chairman Jelena McWilliams discusses the state of banking in the United States, and the efforts of the FDIC and other regulators to ensure banks are best positioned to aid in the nation’s economic recovery.
By speaking with thought leaders and experts in finance, the FDIC Podcast aspires to untangle the myths and mystery of the banking world, and to shed light on how every family can become part of the financial fabric of this country.
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