ICBA: 2025 National Community Bank Service Award Recipients Honored for Efforts to Create Resilient Communities
The Independent Community Bankers of America (ICBA) today announced the winners of its 2025 National Community Bank Service Awards, recognizing the innovative and exceptional efforts of the nation’s community banks to support and uplift local communities. Stories are featured in the September issue of ICBA’s Independent Banker magazine. “ICBA is proud to recognize our 2025 National…
ABA: Foundation Encourages Banks to Host “Lights, Camera, Save!” Teen Video Contest
Teens compete for awards worth as much as $10,000 in this national competition sponsored by Visa The American Bankers Association Foundation is urging banks across the country to participate in its upcoming 15th annual Lights, Camera, Save! video competition that runs from Oct.1 to Nov. 30. Lights, Camera, Save! is a national contest that encourages teens to…
HUD: Exhibitors Unveiled for the 2025 Innovation Housing Showcase on the National Mall
Showcase Returns on September 6th-10th to Celebrate 250 Years of the American Home The U.S. Department of Housing and Urban Development (HUD) announced more than 25 exhibitors that will showcase innovative housing and construction technologies on the National Mall during HUD’s annual Innovative Housing Showcase, taking place September 6th-10th. “HUD is proud to champion public-private partnerships…
SBA: Letter Issued to Lending Network Instructing Them to End Practice of Debanking
Agency Takes Decisive Action to Enforce President’s Directive to Stop Financial Discrimination Today, the U.S. Small Business Administration (SBA) sent a letter to its network of over 5,000 lenders instructing them to end politicized or unlawful banking practices. Pursuant to Executive Order 14331, “Guaranteeing Fair Banking for All Americans,” SBA is requiring all lenders to stop the practice…
FHFA: U.S. Federal Housing Allows Fannie Mae and Freddie Mac to Approve Rocket Acquisition of Mr. Cooper
Approval Must Adhere to Safety and Soundness Guardrails Today U.S. Federal Housing, in keeping with its statutory responsibilities as conservator of Fannie Mae and Freddie Mac (the Enterprises), allowed both Enterprises to approve Rocket Companies’ proposed acquisition of Mr. Cooper Group, subject to appropriate conditions to ensure the ongoing safety and soundness of Fannie Mae…
HUD: Sponsors for the 2025 Innovation Housing Showcase Announced
The Historic Showcase Returns to the National Mall September 6th – 10th Highlighting 250 Years of Innovation in American Housing Today the U.S. Department of Housing and Urban Development (HUD) announced the presenting sponsors for the 2025 Innovative Housing Showcase: The International Code Council (ICC), The Manufactured Housing Institute (MHI), The Structural Building Components Association (SBCA), and The Home Depot….
HUD: Regional Administrator Quinonez Issues Opinion Piece on HUD’s Support for Foster Youth in Texas
HUD Celebrates the Sixth Anniversary of the Foster Youth to Independence Initiative U.S. Department of Housing and Urban Development (HUD) Southwest Regional Administrator Ashlea Quinonez penned an opinion piece discussing the continued impact of HUD’s investment in youth transitioning out of foster care in Texas. This year marks the sixth anniversary of HUD’s Foster Youth…
CDFI Fund: CDFI Fund to Resume Acceptance of Community Development Entity Certification Applications on September 9th
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) will resume acceptance of new applications for Certification as a Community Development Entity (CDE) effective September 9, 2025. The temporary “blackout” period, originally announced on May 5, 2025, provided an opportunity for the CDFI Fund to assess the resources available on its website. While…
SBA: Nominations Open for 2026 National Small Business Week Awards
Nominate America’s Great Entrepreneurs in Every State Today, the U.S. Small Business Administration (SBA) opened nominations for the 2026 National Small Business Week Awards. National Small Business Week recognizes the contributions of America’s 36 million small businesses – which make up 99% of all businesses in America, create two out of every three new jobs, and employ about…
Federal Reserve: Agency Announces It Will Sunset Its Novel Activities Supervison Program
Federal Reserve will return to monitoring banks’ novel activities through the normal supervisory process The Federal Reserve Board on Friday announced that it will sunset its novel activities supervision program and return to monitoring banks’ novel activities through the normal supervisory process. Since the Board started its program to supervise certain crypto and fintech activities…