Industry News

SBA: Competition for Organizations Providing Federal Procurement Training to Veteran Entrepreneurs Announced

WASHINGTON – The U.S. Small Business Administration today announced the Veteran Federal Procurement Entrepreneurship Training Program (VFPETP-2017-01) funding opportunity competition.  The funding will be given to a U.S.-based organization to expand an existing program providing federal procurement entrepreneurship training to veteran-owned small businesses and service-disabled veteran-owned small businesses, while building the capacity of VOSBs and SDVOSBs…

OCC: Thomas J. Curry to Step Down May 5, Keith A. Noreika to Serve as Acting Comptroller of the Currency

WASHINGTON — Comptroller of the Currency Thomas J. Curry will step down on May 5, 2017, and Keith A. Noreika will serve as Acting Comptroller of the Currency. “Serving as Comptroller of the Currency has been the highlight of my career,” said Comptroller Curry. “The Comptroller is a special job and I am proud to…

OCC: New Deputy Comptrollers in Midsize and Community Bank Supervision Announced

WASHINGTON — The Office of the Comptroller of the Currency (OCC) today announced the selection of Scott Schainost to be Deputy Comptroller for Midsize Bank Supervision and Troy Thornton to be Deputy Comptroller for the OCC’s Southern District. “Scott and Troy bring more than three decades of bank supervision experience each with them to these…

CDFI Fund: CY 2017 Round of New Markets Tax Credit Program Opens

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2017 round of the New Markets Tax Credit Program (NMTC Program). The NOAA makes up to $3.5 billion in tax credit allocation authority available for the CY 2017 round….

OCC: Upcoming Financial Literacy Events

Financial Literacy Seminar Series in D.C. May 2017 (Washington, D.C.) The Board of Governors of the Federal Reserve System and the Global Financial Literacy Excellence Center (GFLEC) at George Washington University sponsor this initiative bringing together academics, practitioners, policymakers, and other experts to present and discuss cutting-edge research in financial literacy. Financial Coaching Fundamentals and…

SBA: Hawaii Entrepreneurs Honored as 2017 National Small Business Persons of the Year

WASHINGTON, D.C. – As part of National Small Business Week, Linda McMahon, Administrator of the U.S. Small Business Administration, today recognized this year’s Small Business Person(s) of the Year and other national award winners at a ceremony and reception at the United States Institute of Peace in Washington, D.C. “It is my extreme pleasure to announce that…

SBA: President Trump Proclaims Small Business Week

WASHINGTON – National Small Business Week celebrations commenced in the nation’s capital at the US Institute of Peace with more than 85 national award winners from across the country and U.S. territories convening to be awarded and recognized for their major accomplishments.  The two-day award ceremony will conclude with the announcement of the National Small…

FDIC: Final Handbook for De Novo Organizers Applying for Deposit Insurance Released

The Federal Deposit Insurance Corporation (FDIC) today released a final handbook to assist parties interested in establishing new banks. As part of the FDIC’s ongoing commitment to work with organizers, the handbook – Applying for Deposit Insurance – A Handbook for Organizers of De Novo Institutions – was designed to provide a plain language overview…

ABA: Call for Entries for the Foundation’s Community Commitment Awards

Deadline for entries is June 30 ​WASHINGTON — The American Bankers Association Foundation is requesting submissions for its annual Community Commitment Awards to recognize banks’ essential involvement in their communities. The awards will honor innovative, high impact bank programs that improve the quality of life for the customers and communities they serve. The entry period…

SBA: National Small Business Week 2017 Kicks Off April 30

WASHINGTON –U.S. Small Administration kicks off National Small Business Week 2017 on April 30 in the nation’s capital by having SBA Administrator Linda McMahon recognize and award the nation’s top small businesses, entrepreneurs, small business advocates and champions. Since 1963, the president of the United States has issued a proclamation calling for the celebration of…