The proposed implementation of Section 1071 of the Dodd-Frank Act, which requires reporting of detailed data on small business lending, will have far-reaching implications for how lenders approach their small business credit decisions, according to a new staff analysis published by ABA’s economic research team. The analysis notes that while promoting access to capital to… Read more »
Month: July 2023
Letters From Leton: Have You Any Wool?
As a parent or grandparent, one of the most fun things we do is revisit our childhood with the young members of our family. Often this includes reading and sharing your favorite storybooks or nursery rhymes. One particular rhyme struck me one week as I drove to work. It was the one about Baa Baa… Read more »
Letters From Leton: Where Do Watermelons Come From?
Watermelons are a favorite of mine, and each bite brings back so many memories, especially of my youth. As a kid I was told by my older cousins if you swallowed a watermelon seed it would start growing in your stomach. I can remember the panic after swallowing a seed and imagining it growing inside… Read more »
Powell Valley National Bank Announces Election of Greg Estes to Board of Directors
Jonesville, Virginia–Powell Valley National Bank (PVB, Bank) is pleased to announce the election of Greg Estes to the Board of Directors of Powell Valley National Bank. Estes serves as President of Estes Bros. Construction, of Jonesville, Virginia, where his proven leadership skills have grown the company. A once small family business, it is now one… Read more »
Letters From Leton: Chewy!
At the 1876 Exhibition Baseball Game as a part of the Best Friends Festival, I caught up with my cousin Jo Ann – better known as Sissy. Sissy has long been an animal lover and very active in various groups training and adopting out dogs – throughout the region and beyond. We talked about the… Read more »