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Federal Reserve Bank
of

Dallas

R OB ERT D. McTEER, JR.
DALLAS, TEXAS

PR ES ID EN T
A N D C H IE F E X E C U T I V E O F F I C E R

December 11, 1998

75265-5906

Notice 98-116
TO: The Chief Executive Officer of each
financial institution and others concerned
in the Eleventh Federal Reserve District
SUBJECT
Availability of Videotape—
To Their Credit: Women-Owned Businesses
DETAILS
The Board of Governors of the Federal Reserve System has announced the availability
of a videotape designed to heighten awareness among lenders about the business opportunities
available to them in lending to businesses owned by women. The videotape, entitled To Their
Credit: Women-Owned Businesses, is available for a nominal fee by calling (800) 555-5471.
The Federal Reserve Bank of Chicago and the Women’s Business Development
Center also produced a publication that covers issues concerning access to credit. The publica­
tion, Access to Credit: A Guide fo r Lenders and Women Owners o f Small Businesses, can be
obtained by contacting the Federal Reserve Bank of Chicago’s Public Affairs office at (312)
322-5111.
ATTACHMENT
A copy of the Board’s press release is attached.
MORE INFORMATION
For more information regarding the video, please contact the Community Affairs
office at (214) 922-5377. For additional copies of this Bank’s notice, contact the Public Affairs
Department at (214) 922-5254.
Sincerely yours,

For additional copies, bankers and others are encouraged to use one of the following toll-free numbers in contacting the Federal
Reserve Bank of Dallas: Dallas Office (800) 333-4460; El Paso Branch Intrastate (800) 592-1631, Interstate (800) 351-1012;
Houston Branch Intrastate (800) 392-4162, Interstate (800) 221-0363; San Antonio Branch Intrastate (800) 292-5810.

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

FEDERAL RESERVE Dress release
*a

For immediate release

November 2, 1998

The Federal Reserve announced today the production of a videotape designed to heighten
awareness among lenders about the business opportunities available to them in lending to
businesses owned by women.
Businesses owned by women represent one of the fastest growing sectors of the nation's
economy. Between 1987 and 1996, the number of women-owned businesses grew 78%
nationwide, outpacing overall business growth by nearly 2 to 1.
Through testimonials, the videotape entitled, To Their Credit: Women-Owned Businesses,
features successful women business owners describing their experiences in obtaining bank credit.
To potential entrepreneurs, the tape stresses the need for future commercial borrowers to build a
relationship with the lender and to have a comprehensive business plan prepared prior to
approaching a lender. To potential lenders, the tape focuses on the profitability this fast-growing
segment of the economy offers financial institutions.
During the 30-minute program, future women entrepreneurs should recognize the many
informational resources available to help them including:
►
►
►

Women's Business Development Centers
Small Business Administration Women's Business Centers
Federal Reserve Bank's Community Affairs Offices

The videotape is available through FVS Media for a nominal fee. The telephone number
is 800-555-5471.

The Federal Reserve Bank of Chicago and the Women's Business Development Center
also produced a publication that covers access to credit issues. The publication, Access to
Credit: A Guide fo r Lenders and Women Owners o f Small Businesses, can be obtained by
contacting the Federal Reserve Bank of Chicago's Public Affairs Office at 312-322-5111.
For more information regarding the video contact the Community Affairs Offices at your
local Federal Reserve Bank.
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