ABA: Report Shows Consumer Delinquencies Fell in First Quarter 2021
Consumer credit delinquencies fell in the first quarter of 2021 as the economy rebounded strongly, according to results from the American Bankers Association’s latest Consumer Credit Delinquency Bulletin. Overall, delinquencies fell in seven of the 11 loan categories tracked by ABA. The composite ratio, which tracks delinquencies in eight closed-end installment loan categories, fell 48…
FEMA: President Biden Approves Major Disaster Declaration for Michigan
FEMA announced that federal disaster assistance has been made available to the state of Michigan to supplement state, tribal and local recovery efforts in the areas affected by severe storms, flooding and tornadoes from June 25-26, 2021. The President’s action makes federal funding available to affected individuals in the counties of Washtenaw and Wayne. Assistance can…
Census Bureau: Webinar on Impact of the Pandemic on the ACS Scheduled for July 22nd
Who: The U.S. Census Bureau has scheduled a webinar to explain and answer questions related to the impact of the pandemic on the American Community Survey (ACS). The ACS is one of the most comprehensive sources of information about the U.S. population, providing crucial demographic, social, economic and housing statistics. As we recently explained in…
EDA: $3.6 Million in CARES Act Recovery Assistance Invested to Support Expanded Tribal Healthcare Services and Promote Disaster Preparedness in Oklahoma
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.6 million in CARES Act Recovery Assistance grants to help the state of Oklahoma prevent, prepare for, and respond to coronavirus. “President Biden is committed to supporting communities as they recover and rebuild from the pandemic,” said…
EDA: $3.2 Million Invested to Support Elk Valley Rancheria Indian Tribe Business Development and Job Growth Efforts
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to Elk Valley Rancheria, Crescent City, California, to support a new, Tribally-owned enterprise and foster economic growth and job creation. To be matched with more than $1.5 million in other Federal and local…
EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Build Critical Infrastructure and Support Tourism and Business Growth in Dyersville, IA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to the city of Dyersville, Iowa, to create and expand water and wastewater infrastructure to support tourism and business growth. This EDA grant, to be matched with $1 million…
OCC: First Anniversary of Project REACh Celebrated
Acting Comptroller of the Currency Michael J. Hsu today marked the first anniversary of Project REACh by hosting participants to celebrate the project’s accomplishments and to challenge them to set their sights even higher over the next two years. “Project REACh has generated a great deal of excitement and made great strides in its first…
Census Bureau: Household Pulse Survey 3.1 Biweekly Data Released
The U.S. Census Bureau today released new data from phase 3.1 of the experimental Household Pulse Survey. Phase 3.1 includes substantial revisions to the questionnaire. Additional questions address the following new topics: disability, child health access, telehealth and child care. Also included are demographic questions to identify service members and military spouses, and questions to classify respondents employed…
FDIC: CFPB and FDIC Release Enhanced Version of Money Smart for Older Adults
The Federal Deposit Insurance Corporation (FDIC) and the Consumer Financial Protection Bureau (CFPB) today announced the joint release of an enhanced version of the award-winning financial education curriculum, Money Smart for Older Adults. The enhanced version includes a new section to help people avoid “romance scams” and an updated resource guide. The enhancements to Money Smart for Older…
CFPB: FDIC and CFPB Release Enhanced Version of Money Smart for Older Adults
The Consumer Financial Protection Bureau (CFPB) and the Federal Deposit Insurance Corporation (FDIC) today announced the joint release of an enhanced version of the award-winning financial education curriculum, Money Smart for Older Adults.The enhanced version includes a new section to help people avoid “romance scams” and an updated resource guide . The enhancements to Money Smart for Older Adults are…