FEMA: Agency and Emergency Management Partner Organizations Release PrepTalk on Financial Literacy
FEMA, in partnership with organizations that collectively represent the emergency management profession, released today the seventh video presentation from the inaugural PrepTalks Symposium, John Hope Bryant’s “Financial Literacy and Overcoming Liquid Asset Poverty.” Bryant is the founder, chairman, and chief executive officer of Operation HOPE, Inc., a nonprofit provider of financial dignity education and economic…
SBA: Vancouver Business Owner Named 2018 SBA Washington State Veteran-Owned Business of the Year
Tony Curtis of Current Home Technologies Takes Top Honors, Celebration to Recognize All Local SBA Award Winners May 3 The U.S. Small Business Administration (SBA) 2018 Washington State Veteran-Owned Business of the Year is Tony Curtis, owner of Current Home Technologies in Vancouver, Washington. Founded in 2008, Current Home Technologies specializes in custom residential design…
SBA: Administrator Announces National Small Business Week Awardees
Administrator Linda McMahon, the head of the U.S. Small Business Administration, today announced the 2018 National Small Business Week awardees for 14 different categories ranging from research and development, exporting, outreach, contracting, lending, disaster recovery to manufacturing. Last week McMahon announced the 52 Small Business Person of the Year state and territorial winners. These recipients are…
CFPB: Applications Open for CFPB Advisory Board and Councils
To be sure that we hear from a variety of experts with diverse viewpoints, we set up the Consumer Advisory Board, the Community Bank Advisory Council, and the Credit Union Advisory Council. These advisory groups provide us with information about emerging trends and practices in the consumer financial marketplace. They also allow us to hear…
CDFI Fund: U.S. Treasury Announces $120 Million in Awards for Affordable Housing
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 40 organizations $120 million today for the development of affordable housing and related economic development activities in low-income communities. These awards were made through the fiscal year (FY) 2017 round of the Capital Magnet Fund, with funds available from the calendar…
HUD: Secretary Carson Launches New Financial Controls Including Grant Modernization
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced new measures to protect the financial integrity of the agency and correct lax internal processes and controls. Secretary Carson directed HUD’s newly appointed Chief Financial Officer, Irving Dennis, to design and implement a transformation plan and lead an internal taskforce to combat…
SBA: Administrator Honors Nation’s Top Small Business Persons of the Year
Administrator Linda McMahon, the head of the U.S. Small Business Administration, announced today this year’s Small Business Person of the Year winners from the 50 states, the District of Columbia and Puerto Rico. All of the winners have been invited to attend ceremonies in Washington, D.C on April 29-30 where they will be honored with…
FDIC: FFIEC Revises A Guide to HMDA Reporting: Getting It Right!
The Federal Financial Institutions Examination Council (FFIEC) has revised A Guide to HMDA Reporting: Getting It Right! to reflect the October 2015 Home Mortgage Disclosure Act (HMDA) final rule, as amended in 2017. This compliance resource should help financial institutions better understand the final rule’s requirements, including the data collection and reporting provisions. Statement of…
SBA: National Small Business Week Begins April 29th
Today, the head of the U.S. Small Business Administration, Administrator Linda McMahon announced that this year’s National Small Business Week will be held from April 29 – May 5, 2018. McMahon will start the week in Washington, D.C., where she will recognize and award outstanding small business owners and Resource Partners from around the country….
CDFI Fund: Application Demand for FY 2017 Round of BEA Program Released
REPRESENTS OVER $500 MILLION IN INCREASED LENDING IN DISTRESSED COMMUNITIES The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today the application data for the fiscal year (FY) 2017 round of its Bank Enterprise Award Program (BEA Program). A total of 119 applications were received requesting awards of more than…