Industry News

SBA: CDC Small Business Finance Wins SBA’s 2018 Jody C. Raskind Award

The Certified Development Company (CDC) Small Business Finance, a California-based SBA 504 CDC Lender, Community Advantage Lender and Microloan Intermediary, has been selected as this year’s Jody C. Raskind Award recipient.  This recognition is presented annually by the U.S. Small Business Administration to a mission-focused lender that has distinguished itself in helping small businesses start,…

CDFI Fund: First-Time CDFI Fund Grant Applicants Should Register with SAM.gov ASAP

Process for registering new entities may increase application time Are you interested in applying for an upcoming Community Development Financial Institutions Fund (CDFI Fund) program round, but you haven’t registered in the General Services Administration (GSA) System for Award Management (SAM) yet? Please pay close attention to the following information: Due to recent third-party fraudulent…

ABA: Bankers Celebrate 21st Annual Teach Children to Save on April 20th

Estimated 444,000 students will be reached in 2018 through Teach Children to Save More than 12,500 bankers will host financial education events across the country this week in celebration of Teach Children to Save Day on April 20. Since 1997, Teach Children to Save and the ABA Foundation’s financial education initiatives have reached approximately 10.3…

Federal Reserve: Application Period Open for Community Advisory Council Membership

The Federal Reserve Board announced on Monday that it is accepting applications from individuals who wish to be considered for membership on the Community Advisory Council (CAC). The CAC was formed in 2015. It advises the Board on issues affecting consumers and communities and complements two of the Board’s other advisory councils whose members represent…

HUD: Justice Department and HUD Join Forces in Nationwide Initiative to Combat Sexual Harassment in Housing

Today, as the U.S. Department of Housing and Urban Development (HUD) and the Department of Justice recognizes the 50th Anniversary of the Fair Housing Act, Secretary Carson and Attorney General Jeff Sessions announced the nationwide rollout of an initiative aimed at increasing awareness and reporting of sexual harassment in housing. The announcement includes an interagency…

FDIC: Use of Technology in the Business of Banking Forum Scheduled for May 7th

The Federal Deposit Insurance Corporation (FDIC) will host a forum on the Use of Technology in the Business of Banking on Monday, May 7, 2018. Panels will focus on emerging technologies that are transforming banking operations; the impact of emerging technologies on retail banking, including new and innovative delivery channels, enhanced customer experiences, and economic…

OCC: Recognizing National Financial Capability Month at Capitol Hill

The Office of the Comptroller of the Currency (OCC) recognized National Financial Capability Month by participating in the annual Jump$tart Coalition Financial Literacy Day on Capitol Hill event today. OCC staff distributed materials to assist banks with their financial inclusion activities, including the agency’s Financial Literacy Update. Staff also highlighted the OCC’s HelpWithMyBank.gov website, which…

Census Bureau: Economic Census Instructions Will Be Mailed to 3.7 Million Businesses Soon

The U.S. Census Bureau will mail out instructions for filing out the 2017 Economic Census to businesses nationwide in early May. Approximately 3.7 million U.S. businesses nationwide, including those in U.S. territories, will receive information by mail with instructions to set up an account to complete their economic census online. The deadline for response is…

SBA: National Small Business Week 2018 to Feature First-Ever Virtual Conference

Conference will feature webinars, mentoring sessions and business resources   As part of National Small Business Week, April 29 – May 5, the U.S. Small Business Administration and SCORE, mentors to America’s small businesses, will host the first- ever National Small Business Week Virtual Conference. The conference will include educational webinars, mentoring sessions and business resources. National Small…

SBA: National Small Business Week 2018 to Kick-Off in Nation’s Capital on April 29th

Leading organizations join forces with SBA to make the week possible National Small Business Week 2018 kicks off at the end of this month with an awards ceremony in Washington, D.C. where national award winners including the naming of this year’s national Small Business Person of the Year will be recognized and awarded for their…