U.S. equities broadly have held up well despite tumultuous market activity triggered by the recent failures of Silicon Valley Bank and Signature Bank of New York, which sparked a selloff among financial sector stocks and ignited the strongest rally in U.S. short-term Treasury bonds in decades.

News of bank failures at Silicon Valley Bank (SVB) last Friday (and Signature Bank over the weekend) weighed on stock markets.

U.S. equities rallied back last Thursday and Friday to close out a volatile week in positive territory, snapping a three week stretch of consecutive losses.

Applying for a business loan can be a confusing, intimidating process – especially if you’re a first-time business owner or new entrepreneur. It’s a process that can seem especially daunting to entrepreneurs who are Black, Indigenous, or People of Color (BIPOC),

You wouldn’t purchase a car or a house without insurance – so why wouldn’t you want a similar safety net for your business? “Fraud is so prevalent in the business world,” shared Sarah Shuler, Vice President and Director of Treasury Management Sales with First Merchants Bank.