Columbus News Hub
Curated local headlines with AI summaries and a practical FinTechful perspective.
Latest News
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Online-only startup bank joins Huntington, Chase among Columbus market leaders
Huntington and Chase continue to lead the consumer deposit banking market in Columbus, maintaining their positions as top competitors. However, a new online-only startup bank has emerged, breaking into the top 10 rankings. This shift highlights the evolving landscape of banking in the area.
Consumer sentiment falls in August after months of increases
Consumer sentiment experienced a decline in August following several months of increases. The downturn was observed across most metropolitan areas, although the impact varied due to the K-shaped nature of the economy, indicating that not all groups are affected equally.
These Central Ohio firms received $58 million in SBA funds in Q2 2026
In the second quarter of 2026, over 30 businesses in Central Ohio received or were approved for loans totaling $58 million from the SBA. Each loan was for a minimum of $400,000, supporting various local enterprises.
The credit crunch is real among smaller borrowers
Smaller borrowers are experiencing heightened financial strain as the rate of loans valued below par has risen to 12%. This trend highlights the challenges faced by these borrowers in the current credit market environment.
NexTier expects to rebrand Riverside Bank branches in Ohio within weeks
NexTier plans to rebrand Riverside Bank branches in Ohio following the legal closure of its acquisition. The CEO discussed the upcoming systems conversion and the timeline for the rebranding process.
Blue Jackets land new jersey partner ahead of 2026-27 season
The Columbus Blue Jackets have secured a new jersey partner, marking the team's second partnership since the NHL began allowing jersey sponsorships. This partnership is set to take effect ahead of the 2026-27 season.