Search Loocal

Institute for Local Self-Reliance


Stories by Institute for Local Self-Reliance

New Graphs Show the Failures in U.S. Banking Policy

Prior to 2010, about half of the local community banks lost to mergers each year were replaced by a new startup banks. That pipeline disappeared in 2010, in part because regulators imposed much higher hurdles for new banks after the financial crisis. These new regulations have accelerated the decline of community banks, and that trend matters because these small institutions punch way above their weight in areas like small business lending. As the graphs provided show, community banks and credit unions control only 16 percent of the industry’s assets, but they supply more than half of lending to small businesses. 

Author Institute for Local Self-Reliance Date 05/21/2019

It's time to GO LOCAL!

Get a free card today for exclusive rewards at local merchants.

Ready to Go?

Use our Sonoma County map to find GO LOCAL merchants!

Discover hundreds of locally owned merchants in your own backyard. Keep your rewards card on hand and ask folks: Are you GO LOCAL?

Try it now!

Map

2019 Top Sponsors

Community First Credit Union Clover Stornetta Farms Oliver's Markets Redwood Credit Union Mercy Wellness Exchange Bank Sonoma Media Group, LLC Local Heroes Auto Service & Repair

Most Recommended GO LOCAL Merchants

Being a GO LOCAL merchant can help your business.

GO LOCAL is a marketing network for locally owned independent businesses.
Members work together using a shared brand and Rewards Card to increase sales. Learn more.

Ready to GO?

Sign up or renew today.

Certified Local