Author: findCRA

Census Bureau: Celebrating Manufacturing Day

The U.S. Census Bureau today celebrates the importance of the manufacturing sector to the nation’s economy during the eighth annual observance of Manufacturing Day. The event is traditionally held the first Friday in October, which has been set aside to recognize this sector’s vast contributions. The Census Bureau has created a Manufacturing Day home page which contains valuable…

ABA: Teens Encouraged to Submit Videos in ABA Foundation’s 10th Annual “Lights, Camera, Save!” Contest

Creative teens with video skills and a passion for sound money management can now submit entries in the American Bankers Association Foundation’s 10th annual Lights, Camera, Save! video contest. Lights, Camera, Save! is a national competition that encourages teens to educate their peers about using money wisely through the creative use of video. Through Lights, Camera,…

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in July 2019. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

FEMA: President Trump Approves Major Disaster Declaration for Texas

FEMA announced that federal disaster assistance has been made available to the state of Texas to supplement state and local recovery efforts in the areas affected by Tropical Storm Imelda beginning on Sept. 17 -23, 2019. The President’s action makes federal funding available to affected individuals in Chambers, Harris, Jefferson, Liberty, Montgomery, and Orange counties. …

FEMA: President Trump Approves Major Disaster Declaration for North Carolina

 FEMA announced that federal disaster assistance has been made available to the state of North Carolina to supplement state and local recovery efforts in the areas affected by Hurricane Dorian beginning on Sept. 1- 9, 2019. The President’s action makes federal funding available to the state, eligible local governments and certain private nonprofit organizations on…

CFPB: Advisory Committee Members Announced

Consumer Financial Protection Bureau Director Kathleen L. Kraninger today announced the appointment of members to the Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). These experts advise Bureau leadership on a broad range of consumer financial issues and emerging market trends.   “The Bureau is…

CDFI Fund: CY 2019 NMTC Applicant FAQs Updated

The Community Development Financial Institutions Fund (CDFI Fund) has posted on its website: an updated NMTC Program Allocation Application Frequently Asked Questions (FAQs) document; a revised 2019 NMTC Program Allocation Application; and a pre-recorded webinar demonstrating the application submission process in AMIS. The updates to these documents are provided in response to specific questions raised…

ABA: Arkansas Bankers, Former USDA Official Receive Top Ag Banking Awards

The American Bankers Association today announced the recipients of both the Bruning and Blanchfield Awards, the association’s premier awards presented for contributions to agricultural lending. This year, ABA will present the Bruning Award to a husband-and-wife team known for their dedication to agricultural banking: Gary Canada Sr., chairman and president of the Bank of England…

HUD: Nearly $43 Million in Housing Counseling Grants Awarded

Funding intended to help families find and keep their homes The U.S. Department of Housing and Urban Development (HUD) today awarded $42.8 million in housing counseling grants to help approximately one million Americans make more informed housing choices, keep their current homes, or receive assistance to help them avoid foreclosure. Nearly half of the state…

OCC: CRA Evaluations for 35 National Banks and Federal Savings Associations Released

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of September 1, 2019 through September 30, 2019.  The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.  The…