Main Bank CEO: Fed’s rate hike may cause short term pain, but a return to normal rates isn’t bad


In light of the Fed's rate hike, Main Bank's president and CEO said banks will become more discerning in who they extend credit to and might require more cash upfront to underwrite a loan.

Previous What prompted a tech investor to lead a $50M round for ex-Duke football player's company
Next Jay Price named EY Southeast Region Entrepreneur of the Year

No Comment

Leave a reply

Your email address will not be published.