Why public transit can be good for business, even in the auto-oriented Sunbelt

Rail transport is expensive for cities to build and maintain, but many cities have gotten around this by building light rail systems in recent decades. In new research, Kevin Credit examines how businesses are affected by new light rail transit systems. He finds that areas within one mile of stations have nearly 30 percent more retail businesses, 40 percent more ..

Alien Registration- Credit, Emilie (Biddeford, York County)

https://digitalmaine.com/alien_docs/1775/thumbnail.jp

Development Credit Corporation of Maine: Annual Report 1959

Some ten years ago certain bankers and business men of Maine conceived the idea of some organization which would help to fill the gap which existed in our financial structure and assist in part, at least, those concerns which were unable to satisfy their financial requirements through ordinary bank credit or the capital market. As a result of their deliberations, study and planning, the Development Credit Corporation of Maine was formed, financed largely by member banking institutions, backed up by capital advanced by Maine businesses. This corporation was formed along the lines of the free enterprise system with no state or governmental guaranties of any kind, with bankers and businessmen assuming the full risks of loss and with no special tax advantages. Today we have ten years of experience behind us. The Corporation has made seventy- four loans totaling $2,186,282.78. The amount of loans paid out in full has amounted to$978,727.95, and partial payments were $236,982.80, with losses of$48,015.10. At the time the Credit Corporation was formed, there was considerable skepticism in the minds of many who feared that losses resulting from our loans of such a risk nature would soon dissipate its available funds. This skepticism has proved to be unfounded. Losses over the ten-year period have amounted to 2.2% of total loans made, or two-tenths of one percent per year. Considering the risk nature of our loans, we feel that this is quite a satisfactory ratio. In fact, if it had been less, we would not have been doing the job which we had undertaken. Includes photographs of buildings assisted by this program, including Sylvania Electric Products in Waldoboro, Maine; Hillcrest Poultry Company in Lewiston, Maine; Edwards Company in Pittsfield, Maine; Maine Paper Tube Corporation in South Gardiner, Maine; Viner Bros. Inc. in Bangor, Maine; Commonwealth Shoe & Leather Company in Gardiner, Maine; Bonnar-Vawter in Rockland, Maine; and Bangor Shoe Manufacturing Company in Bangor, Maine.https://digicom.bpl.lib.me.us/books_pubs/1337/thumbnail.jp

The Pandemic Economy

Since its emergence in 2019, the worldwide spread of the novel coronavirus SARS-CoV-2 (COVID-19) has created a vast economic crisis as government lockdowns place considerable strain on businesses of all kinds – particularly those that rely on face-to-face contact, such as retail restaurants, and personal services. Given the recent emergence of the virus and lags in data collection and publication, the highest-quality fine-grained spatial datasets on economic behavior will not reflect virus-related impacts for at least a year. At the same time, in order to make evidence-based decisions on policies regarding continuing lockdown and/or re-opening policies, local governments and researchers need to understand neighborhood-level economic effects much sooner than that. This paper makes use of the point-level Chicago Business License dataset, which is updated on a weekly basis, to examine the impact of the COVID-19 pandemic on new business activity in the City of Chicago. The results indicate that on average, from March to September 2020, total monthly new business starts have declined by 33.4% compared to the monthly average of new starts in the City from January 2016 to December 2019. Food service and retail businesses have been hardest hit during this period, while chains of all types have seen larger average declines in new startup activity than independent businesses. These patterns demonstrate interesting intra-urban spatial heterogeneity; ZIP codes with the largest pandemic-related declines in new business activity tend to be have larger rates average rates of new business creation to begin with and also have less dense, diverse, and walkable built environments (defined in more detail below), while, interestingly, observed COVID-19 case rates do not appear to have an individually-significant impact on new business deficits

Credit Suisse 2011 Third Quarter Earnings Report

Credit Suisse Asset Management Income Fund, Inc. (Reports Third Quarter Earnings

Perspectives on credit scoring and fair mortgage lending: article two

Credit scoring systems ; Mortgages

Proposed audit and accounting guide : audits of credit unions ;Audits of credit unions; Exposure draft (American Institute of Certified Public Accountants), 1983, Oct. 21

This proposed audit and accounting guide describes operations and accounting practices that are unique to the credit union industry as well as matters that are unique to the audit of a credit unions\u27 financial statements. In addition, it describes some of the regulatory requirements of the industry. The proposed guide states that savings (share) accounts in a credit union should be classified as liabilities on the credit union\u27s statement of financial condition. This presentation is consistent with the prevailing practice in mutually owned savings and loan associations and savings banks. Furthermore, it is consistent with the concept of liabilities expressed in FASB Statement of Accounting Concepts No. 3, Elements of Financial Statements of Business Enterprises. There are those who believe that savings (shares) should be classified as equity for the following reasons: (1) Shares are legally defined as equity; (2) Shares function as equity and represent ownership; (3) As with any corporate stock, shares are at risk. In summary, shares function as equity and those functions are unique to the concept of what a credit union is and what it represents in the world of financial institutions--a cooperative pooling of funds (equity) to be managed for the benefit of the member owners.https://egrove.olemiss.edu/aicpa_sop/1464/thumbnail.jp