SBA: National Small Business Week Announced
WASHINGTON – Today, the head of the U.S. Small Business Administration (SBA), Administrator Linda McMahon announced that this year’s National Small Business Week will be held from April 30-May 6, 2017. McMahon will start the week in Washington, D.C., where she will recognize and award outstanding small business owners from around the country. She will…
FDIC: Tool to Prevent Elder Financial Exploitation Enhanced
The Federal Deposit Insurance Corporation (FDIC) today announced enhancements to its Money Smart for Older Adults curriculum that provide new information and resources to help older adults and their caregivers avoid financial exploitation through fraud and scams. Money Smart for Older Adults identifies common types of elder financial exploitation, such as imposter scams and identity theft, and is…
SBA: Emerging Leaders Initiative Helping Small Business to Thrive Expanded
WASHINGTON – The U.S. Small Business Administration today announced the launch of the 2017 Emerging Leaders Initiative, a seven-month executive-level training series targeting small businesses with high-growth potential in underserved cities across the nation. This year, three new cities have been added, bringing the number of participating communities to 55. Local recruitment for the 2017 training…
ABA: Testimony on Small Business Administration Loan Program
WASHINGTON — The Small Business Administration 7(a) Loan program is a success that has encouraged economic growth and should be vigorously supported in the future, according to testimony from the American Bankers Association before the House Small Business Subcommittee on Investigations, Oversight and Regulations today. Ted Ashby, president and CEO of Surrey Bank & Trust in Mt….
HUD: Dr. Ben Carson Sworn in as HUD Secretary
WASHINGTON – Dr. Ben S. Carson, Sr. was sworn in today as the 17th Secretary of the U.S. Department of Housing and Urban Development (HUD). Vice President Mike Pence administered the oath of office with Secretary Carson’s wife Candy and granddaughter Tesora holding the bible. Secretary Carson will now lead a cabinet agency with approximately…
ABA: Florida Teen Named Grand Prize Winner of National Video Contest
‘Lights, Camera, Save!’ inspires kids and teens to save during America Saves Week WASHINGTON—In recognition of America Saves Week, the American Bankers Association Foundation announced today the three national winners for its 2016-2017 Lights, Camera, Save! video contest. The winning videos were revealed through a live broadcast on the association’s YouTube channel. The judging panel, which consisted of…
SBA: Administrator McMahon Appoints Mary Anne Bradfield as Chief of Staff
WASHINGTON – Administrator Linda McMahon of the U.S. Small Business Administration (SBA) announced today that Mary Anne Bradfield will serve as her new Chief of Staff. “I’m so pleased to have Mary Anne by my side. Her wealth of private and public sector leadership and management experience, including four years of experience at SBA in…
OCC: Supporting America Saves Week
WASHINGTON — Comptroller of the Currency Thomas J. Curry today released the following statement in recognition of America Saves Week, February 27 – March 4, 2017: The Office of the Comptroller of the Currency supports America Saves Week to highlight the importance of building regular savings to meet future needs, achieve a level of financial…
CDFI Fund: FY 2017 Funding Round for CDFI Program and NACA Program Opens
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2017 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program). The CDFI Fund plans to award $190.5 million in FY 2017 in Financial Assistance (FA) and…
CDFI Fund: FY 2016 Funding Round of BEA Program Opens
Today the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2016 application round for the Bank Enterprise Award Program (BEA Program). Application materials are now available on the BEA Program page of the CDFI Fund’s website in anticipation of the February 24, 2017 publication of the…