Author: findCRA

findCRA Announces New Partnership with AAA Scholarship Foundation

findCRA, a Louisville-based online service focused on social impact and community reinvestment, announced today that they have partnered with AAA Scholarship Foundation, Inc. (AAA), a 501(c)(3) nonprofit organization and approved Scholarship Organization serving six states. AAA Scholarship Foundation administers innovative, state-mandated tax credit scholarship programs that fund K-12 education scholarships exclusively for low-income and special…

Federal Reserve: Scope Broadened for Post-Employment Restrictions for FRB Senior Examiners and Officers

The Federal Reserve Board on Friday announced it is broadening the scope of post-employment restrictions applicable to Federal Reserve Bank senior examiners and officers. By law, senior bank examiners are prohibited for one year from accepting paid work from a financial institution that they had primary responsibility for examining in their last year of Reserve…

FDIC: Enhanced Money Smart for Small Business Curriculum Announced

The Federal Deposit Insurance Corporation (FDIC) and the U.S. Small Business Administration (SBA) today announced enhancements to Money Smart for Small Business, a resource that provides practical guidance for starting and managing a small business. Money Smart for Small Business, a free curriculum available on the FDIC website, was jointly developed by the FDIC and SBA…

ABA: 7 Ways to Avoid a Holiday Spending Hangover

WASHINGTON — As the holiday shopping season kicks into high gear, the American Bankers Association has identified seven habits that shoppers should embrace to minimize their holiday spending debt. “It’s incredibly easy to go overboard buying gifts for loved ones during the holidays, but spending within your means will help keep your holidays merry and…

OCC: Web-Based System for Licensing and Public Welfare Investment Filings to Launch in 2017

WASHINGTON — The Office of the Comptroller of the Currency (OCC) will launch a web-based system for banks to file licensing and public welfare investment applications and notices beginning early next year. The Central Application Tracking System (CATS) is designed to help authorized national banks, federal savings associations, and federal branches and agencies to draft,…

ABA: National Judges Set to Select 2016-2017 Saving Star

Lights, Camera, Save! Video Contest Accepting Entries through Dec. 1 WASHINGTON – The American Bankers Association Foundation has announced its Lights, Camera, Save! national judging panel, along with the list of 118 participating banks, who will hold 139 contests in 47 states and the District of Columbia through Dec. 1. Contest winners will be announced during…

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 August 2016. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…