In 2015, the Center for Rural Affairs will reach the $12 million mark in small business loans. Aligning loan capital with our values of widespread ownership, control, and opportunity is a core strategy for our work.
How did we get here?
In 1977, the Center published Where Have All the Bankers Gone?, reporting on changes in the ownership structure of banking. Banks were consolidating. When small-town banks joined a consolidated chain, more of their customers’ cash holdings went to big-city banks in the chain.