March 15, 2025

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Loans

Struggling Small Businesses: The Lingering Impact of Covid-19 EIDL Loans | West Virginia Business News

  • August 27, 2024

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Loans

Brightpoint wins $2.5M of Fort Wayne’s Legacy Fund to loan to small businesses | News

  • July 17, 2024

FORT WAYNE, Ind. (WFFT) — Fort Wayne City Council granted Brightpoint $2.5 million for its Small Business Loan Project Tuesday. That money will come out of the City’s Legacy Fund, which is meant to invest in transformational projects across the city. As of December 31, 2023, the account holds $36,674,431. The Legacy Joint Funding Committee originally

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Loans

How banks, regulators are navigating office loan challenges

  • July 7, 2024

Alanis Morissette could have been talking to regulators and lenders in her 1995 hit “You Learn” which highlighted the benefits of experience. Instead of “you live…you learn,” for bankers it is “you lend……you learn.” In the early 1990s a drawn-out real estate recession and recovery was the result of banks and regulators being heavy-handed when

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Funds

Opioid settlement tracking system still to come, but only for funds distributed by First Foundation | West Virginia

  • July 6, 2024

A tracking system for opioid settlement dollars allocated by the West Virginia First Foundation is on its way, though it’s still unclear when it will launch, according to State Auditor J.B. McCuskey. To date, no money has been distributed by the First Foundation, which was created last year as a private nonprofit to oversee the

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Investment

Somerset County pension fund, investments growing with strong economy | Local News

  • June 8, 2024

SOMERSET, Pa. – A strong economy has boosted Somerset County’s retirement fund to new heights, the Somerset County commissioners were told this week. The U.S. stock market’s top equity barometer, the S&P 500 index, delivered its strongest performance since 2012 in the two quarters that ended March 31, said Shane Nickolich, senior vice president for

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Investment

Somerset County pension fund, investments growing with strong economy | News

  • June 8, 2024

SOMERSET, Pa. – A strong economy has boosted Somerset County’s retirement fund to new heights, the Somerset County commissioners were told this week. The U.S. stock market’s top equity barometer, the S&P 500 index, delivered its strongest performance since 2012 in the two quarters that ended March 31, said Shane Nickolich, senior vice president for

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