A private equity firm, the Blackstone Group, has launched talks to possibly take over FIS, the card processor for the majority of the nation's card issuing credit unions.
Limited community development financial institutions are among those eligible to work with a new Citigroup $200 million fund to help small businesses in low and moderate income communities.
Frustration among small business owners toward their banks appears to be growing, and a number of them said they are making plans to jump ship over the next two years.
Credit unions may continue to have an edge over banks when it comes to the growing number of small business owners who say they are frustrated with their financial institution's service.
Losing $7.6 billion isn't usually something to be happy about, but for Citigroup it's a move in the right direction.