FEMA: FEMA, SBA and the State of Texas to Open Disaster Recovery Center in Kerrville, Texas
In coordination with the Texas Division of Emergency Management (TDEM), FEMA and U.S. Small Business Administration (SBA) staff will open a Disaster Recovery Center (DRC) tomorrow, July 10 to offer face-to-face help to survivors affected by the severe storms, straight-line winds and flooding that began July 2. Homeowners, renters and eligible non-residents in Kerr County may receive…
OCC: National Banks and Federal Savings Associations in Texas Affected by Flooding Allowed to Close
The Office of the Comptroller of the Currency (OCC) today issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks to close offices in areas of Texas affected by flooding. In issuing the proclamation, the OCC expects that only those bank offices directly affected by potentially unsafe conditions…
ICBA: ICBA ThinkTECH Accelerator Showcase Returns to the GSBC Connecting Fintechs with Future Community Leaders
The Independent Community Bankers of America (ICBA) announced its upcoming ICBA ThinkTECH Accelerator program showcase will once again take place at the Graduate School of Banking at Colorado (GSBC). The event, set for July 17, marks the culmination of the latest Accelerator program (AP9), a 10-week collaborative experience designed to foster fintech-community bank partnerships that advance community…
HUD: Foreclosure Relief Provided to Texans Impacted by Floods
Action from Secretary Turner provides immediate relief for more than 900 Federal Housing Administration (FHA) single family mortgages in impacted areas U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced a 90-day foreclosure moratorium on Federal Housing Administration (FHA)-insured single-family mortgages in the areas of Kerr County, Texas, devastated by continuing severe…
FFIEC: 2024 HMDA Data on Mortgage Lending Published
The Federal Financial Institutions Examination Council (FFIEC) recently published data on 2024 mortgage lending transactions reported under the Home Mortgage Disclosure Act (HMDA) by 4,908 U.S. financial institutions. The Snapshot National Loan-Level Dataset released contains the national HMDA datasets as of May 19, 2025. The FFIEC released several data products to serve a variety of data users,…
SBA: Interagency Task Force on Veterans Small Business Development to Host Public Meeting on July 15
Today, the U.S. Small Business Administration (SBA) announced that the quarterly Interagency Task Force (IATF) on Veterans Small Business Development meeting will occur on July 15, 2025. The public is encouraged to attend this meeting and hear updates on the status of policies and initiatives that affect veteran-owned businesses. “Veterans’ resourcefulness, determination, and grit are just a…
FEMA: President Trump Approves Major Disaster Declaration for Texas
FEMA announced that federal disaster assistance is available to the state of Texas to supplement recovery efforts in the areas affected by severe storms, straight-line winds and flooding from July 2, 2025, and continuing. The President’s action makes federal funding available to affected individuals in Kerr County. Assistance can include grants for temporary housing and home…
ABA: Bank Economists Project Credit Conditions May Weaken for Consumers and Businesses Over the Next Six Months
Credit conditions are expected to soften over the next six months as businesses and consumers wait for greater clarity on the economic outlook especially trade policy, according to the American Bankers Association’s latest Credit Conditions Index released today. The latest summary of ABA’s Credit Conditions Index examines a suite of indices derived from the quarterly outlook for…
ICBA: New ICBA Polling Shows Public Support for Policy Efforts Targeting Check Fraud
Following federal banking regulators’ recently issued request for information on potential agency actions to address check fraud and other forms of payments fraud, the Independent Community Bankers of America (ICBA) today announced polling results showing Americans support policy efforts to take on the scourge of check fraud. According to ICBA polling conducted by Morning Consult in June: …