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PRESS RELEASE

FOR IMMEDIATE RELEASE
Elise Brooks, (202) 589-2427

Roundtable Highlights Member Company Small Business Lending Programs

Washington, D.C.—May 25, 2010— In honor of Small Business Week, the Financial Services Roundtable is proud to acknowledge the contributions of the estimated 27.2 million small businesses in America.

Roundtable member companies support small business in many ways each and every day. In addition to providing financing, they purchase goods and services from small businesses, offer financial counseling, provide online resources, sponsor networking activities and much more. Below is a sample of what some Roundtable member companies are doing in their communities.

At the beginning of the year, Webster Bank announced $850 million in new lending in for small and medium sized businesses in New England. This was an increase in $400 million from the previous year. For the second consecutive year, Webster was named Connecticut’s number one U.S. Small Business Administration (SBA) lender, both in terms or total loans and total dollar value, for 2009.

In May, Citigroup announced a $200 million fund to spur small business lending in low income communities across the country. The program, Communities at Work Fund, will work to sustain and help the growth of small businesses through a partnership with Calvert Foundation and the Opportunity Finance Network.

BB&T is consistently ranked among the top “Small-Business-Friendly” institutions by the SBA. BB&T offers many resources to small business lenders, from payments webinars, sponsorship of networking events and interactive, online workshops. Additionally, BB&T was the winner of 10 of 10 National Greenwich Small Business Excellence in Banking Awards for 2009.

The Financial Services Roundtable represents 100 of the largest integrated financial services companies providing banking, insurance, and investment products and services to the American consumer. Member companies participate through the Chief Executive Officer and other senior executives nominated by the CEO.

Roundtable member companies provide fuel for America's economic engine, accounting directly for $74.7 trillion in managed assets, $1.1 trillion in revenue, and 2.3 million jobs.

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