FDIC Hotline for Small-Biz Lending Complaints

January 18, 2011

The Federal Deposit Insurance Corporation (FDIC) last week hosted a forum focused on “Overcoming Obstacles to Small Business Lending,” with both NSBA staff and members in attendance.

The forum was highlighted by a panel discussion, moderated by CNBC, featuring: Sheila Bair, chair of the FDIC; Ben Bernanke, chair of the Federal Reserve; Sen. Mark Warner (D-Va.), and Thomas Bell Jr., chair of SecurAmerica, a national contract security firm, and the U.S. Chamber of Commerce.

During the course of the panel, Bair announced that the FDIC had launched a new hotline aimed at small-business owners who wanted to convey concerns or complaints about the availability of credit in their area or specific instances of regulatory compliance being cited during unsuccessful loan applications.

The FDIC small-business hotline is: (855) 334-2249.

More information about the hotline, the U.S. Small Business Administration, and various credit and lending programs can be foundĀ here.

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National Small Business Association

National Small Business Association