Tag archives: PPP

American Riviera Bank Helps Local Businesses Obtain a Slice of Federal Stimulus
By Nick Schou   |   February 18, 2021

Sometimes it takes a global pandemic to highlight the crucial role that community banks play in rescuing local businesses from the economic nightmare that comes with a year-long statewide shutdown. For American Riviera Bank (ARB), which opened in 2006 thanks to about 400 local shareholders who put up roughly $25 million in start-up cash, the […]

Bankers Gone Good Reframe the Meaning of Cash
By Jeff Wing   |   February 4, 2021

What – exactly – is a bank? A bank is a financial institution licensed to receive deposits, make loans, and attach ball point pens to countertops with little chains that are inevitably too short by about an inch. A bank, if it chooses, will also advise on managing your wealth, will exchange your greenbacks for […]

The Economic Pandemic Meets the Hometown Banker
By Mitchell Kriegman   |   April 9, 2020

They call it the novel coronavirus. It will have existed for 142 days as of this publication. It’s called a “novel” virus because, while variations have existed before, this one is brand new. It’s unique in that it replicates quickly in asymptomatic people who are stealth carriers, then explodes in the population overwhelmingly, debilitating the […]