Industry News

SBA: Agency Celebrates 13th Annual National Veterans Small Business Week

Veteran Entrepreneurs to be Recognized Nov. 9-13, 2026 Today, the U.S. Small Business Administration (SBA) announced that it will celebrate the 13th year of National Veterans Small Business Week (NVSBW) from Nov. 9–13, 2026. The week honors America’s 1.6 million veteran-owned small businesses and the commitment to excellence, quality, and strength that defines veteran entrepreneurship. The theme…

FDIC: Sunwest Bank Assumes All Deposits and Certain Assets of Nano Banc, Irvine, California

Nano Banc of Irvine, California was closed today by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC entered into a purchase and assumption agreement with Sunwest Bank of Sandy, Utah to assume substantially all deposits and acquire certain assets of Nano Banc.  Nano…

HUD: Multiple Fair Housing Act Charges Announced

Cuts Biden Backlog by 46%, Violations including Disability, Sexual Harassment, and Familial Status Discrimination HUD today announced nine recent charges of discrimination under the Fair Housing Act, reflecting ongoing enforcement of federal fair housing protections by HUD’s Office of Fair Housing and Equal Opportunity (FHEO). While vigorously investigating and prosecuting cases of actual unlawful discrimination,…

HUD: Agency Kicks Off Innovative Housing Showcase with Trades Day

Students Get Hands-On Look at Skilled Trades Building the Future of American Housing  HUD today kicked off its sixth Innovative Housing Showcase with Trades Day, connecting students and young adults with skilled trades professionals and hands-on opportunities in the housing and construction industries.   “America cannot build more homes without the skilled men and women…

ABA: Iowa Banker Elected as Chair of ABA’s Community Bankers Council

The American Bankers Association has elected Matt Lujano as chair of ABA’s Community Bankers Council for the 2026-2027 association year. Lujano is president and CEO of Westside State Bank in Westside, Iowa. The Community Bankers Council consists of bank presidents and CEOs from across the country who meet twice a year in person to strategize…

SBA: Agency to Showcase American Entrepreneurship with Small Business Expo and Million Dollar Pitch Competition

Dean Cain to host alongside judges Nicki Minaj, Grant Cardone and Joe Gebbia; competition to become primetime special premiering in October The U.S. Small Business Administration will bring together entrepreneurs, business leaders and some of the biggest names in business and entertainment on Friday, September 18, 2026, in Washington, D.C., for a Small Business Expo and…

ABA: Foundation Encourages America’s Banks to Host “Lights, Camera, Save!” Teen Video Contest

Teens compete for prizes worth up to $10,000 in national competition sponsored by Visa The American Bankers Association Foundation is urging banks across the country to participate in its upcoming 16th annual Lights, Camera, Save! video competition, which runs from Oct. 1 through Dec. 1.  Lights, Camera, Save! is a national contest that encourages teens ages 13-18 to…

Agencies Reduce Regulatory Burden for Community Banks, Increase Eligibility for 18-Month Exam Cycle

The federal bank regulatory agencies today issued an interim final rule increasing the number of community banks eligible for an 18-month exam cycle. The 21st Century ROAD to Housing Act increased the total asset threshold from $3 billion to $6 billion for certain supervised institutions to qualify for an extended 18-month on-site exam cycle. Extending…

HUD: Sponsors and Exhibitors Announced for 2026 Innovative Housing Showcase

Showcase Returns to National Mall September 22–24 to Celebrate American Ingenuity HUD today announced the sponsors and exhibitors for its sixth annual Innovative Housing Showcase, taking place on the National Mall from September 22–24. This year’s theme, “Made in America,” highlights American ingenuity and innovative approaches to expanding housing affordability and homeownership.  “Under President Trump’s leadership, HUD is bringing the public and private sectors…

SBA: Agency Recognizes Innovative CHOICE Arrangements as Major Win for Small Businesses

Trump Administration Initiative Expands Health Insurance Affordability, Choice, and Coverage Options for Small Businesses and Workers Today, the U.S. Small Business Administration (SBA) joined the U.S. Department of Health and Human Services (HHS) and the Centers for Medicare and Medicaid Services (CMS) to announce CHOICE Arrangements. Formerly known as Individual Coverage Health Reimbursement Arrangements (ICHRAs),…