OCC: CRA Evaluations for 11 National Banks and Federal Savings Associations Released

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of February 1, 2022 through February 28, 2022. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks […]

HUD: More Than $51 Million in Grants to Support Housing Counseling Programs, Partnerships with Minority Serving Institutions, and Training Announced

Awards provide HUD-approved housing counseling agencies and intermediaries with funding to maintain and expand critical services for the nation’s renters, homebuyers, and homeowners. The U.S. Department of Housing and Urban Development (HUD) on Monday awarded $51.4 million in housing counseling grants to 177 HUD-approved housing counseling agencies and intermediary organizations. This includes […]

Federal Banking Agencies Encourage Banks to Use Federal Reserve Discount Window

The federal bank regulatory agencies today released a statement encouraging banks to use the Federal Reserve’s “discount window” so that they can continue supporting households and businesses. The discount window provides short-term loans to banks and plays an important role in supporting the liquidity and stability of the banking system. […]

FDIC: Four Institutions Recognized for Financial Literacy

Organizations honored during America Saves Week As America Saves Week approaches, the Federal Deposit Insurance Corporation (FDIC) today is recognizing four institutions for their work to expand financial education and support healthy banking relationships. Read more: Money Smart News – Winter 2020. America Saves Week, which runs from February 24–29, is an annual […]

EDA: Investment Made to Support Development on Unmanned Aerial System Test Range in Pendleton, OR

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the city of Pendleton, Oregon, to make infrastructure improvements at Eastern Oregon Regional Airport needed for the development of an Unmanned Aerial Systems (UAS) test range. “President Trump […]