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Banks & Credit Unions

New York manufacturing index turned positive in November

Empire State Survey indicates sector expansion     The general business-conditions index of the monthly Empire State Manufacturing Survey bounced back into positive territory in November — climbing 14 points to 4.5 — as the industry expanded again. The index had declined 8 points to -9.1 in October as the sector contracted. The general business-conditions […]

SBA approved more than $200M in traditional loans for upstate small businesses in FY22

The upstate New York district of the U.S. Small Business Administration (SBA) on Nov. 2 announced it approved more than $200 million in 524 traditional loans for small businesses in 34 counties across upstate New York during federal fiscal year 2022 (FY22).  The figures represent a year-over-year increase of 52 traditional loans from FY2021. The

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VIEWPOINT: An Overlooked Resource for Small Business: Your bank

Typically, when the topic of resources For small businesses is discussed, you might think of transactional interactions, such as financing or banking products that can help with day-to-day activities. When small businesses approach banks, it’s usually to investigate funding and determine the terms of a loan — that makes sense, that’s a core part of what

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