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USDA to offer settlements to farmers who faced lending bias
In an effort to “correct the wrongs of the past,” the U.S. Department of Agriculture has instituted a retroactive claims process for Hispanic and female farmers and ranchers who allege there were denied loans from the agency for discriminatory reasons. Some of the potentially affected claimants are farmers in Ventura and Santa Barbara counties. The Read More →
New Los Angeles SBA chief sets his sights on boosting lending
An attorney by training, Victor Parker’s heart is in the world of small business.
Bank taps fund to pay TARP
First California Bank is repaying the $25 million in federal aid it took from the Treasury with a new federal aid program.