CRA Newswire

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in June 2023. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

FEMA: Pinellas County, Florida Eligible for FEMA Assistance

Homeowners and renters who sustained losses from Hurricane Idalia in Pinellas County can apply for FEMA Individual Assistance. Pinellas County joins Citrus, Columbia, Dixie, Gilchrist, Hamilton, Hernando, Jefferson, Lafayette, Levy, Madison, Pasco, Suwannee and Taylor counties, which were previously approved for Individual Assistance. To apply for FEMA disaster assistance, go online to DisasterAssistance.gov, use the FEMA app for smartphones…

FEMA: Additional Florida Counties Eligible for FEMA Assistance

Columbia, Gilchrist, Hernando, Jefferson, Madison and Pasco counties are now eligible for FEMA assistance after Hurricane Idalia.  Individuals and households who sustained losses from Hurricane Idalia in Columbia, Gilchrist, Hernando, Jefferson, Madison and Pasco counties can apply for FEMA Individual Assistance. These counties join Citrus, Dixie, Hamilton, Lafayette, Levy, Suwannee and Taylor counties, which were…

Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by Hurricane Idalia

The Federal Deposit Insurance Corporation, the Federal Reserve Board, the National Credit Union Administration, the Office of the Comptroller of the Currency, and state financial regulators, collectively the agencies, recognize the serious impact of Hurricane Idalia on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject…

OCC: CRA Evaluations for 24 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 August 1, 2023, through August 31, 2023. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The…

CDFI Fund: Updated Eligiblity Data for the New Markets Tax Credit Program Released

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today updated Eligibility Data for the New Markets Tax Credit Program (NMTC Program). The update of this information—based on more recent, Census Bureau 2016-2020 American Community Survey (ACS) 5-year estimates data—is part of a larger effort to ensure that the data used to…

FEMA: President Biden Approves Major Disaster Declaration for Florida

FEMA announced that federal disaster assistance has been made available to the state of Florida to supplement recovery efforts in the areas affected by Hurricane Idalia beginning on Aug. 27, 2023, and continuing. The President’s action makes federal funding available to affected individuals in Citrus, Dixie, Hamilton, Lafayette, Levy, Suwannee and Taylor counties. Assistance can include grants…

FEMA: President Biden Approves Emergency Declaration for South Carolina

FEMA announced today that federal disaster assistance has been made available to the state of South Carolina to supplement state, tribal and local response efforts due to emergency conditions resulting from Hurricane Idalia beginning Aug. 29, 2023, and continuing.  The President’s action authorizes FEMA to coordinate all disaster relief efforts to alleviate the hardship and suffering…

SBA: 14 Appointees Announced for the New Investment Capital Advisory Committee

The Committee Will Advise SBA in the Development of a More Inclusive and Accessible Ecosystem for Small Businesses Nationwide Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, announced the appointment of 14 members to the newly established federal Investment Capital Advisory Committee (ICAC)….

HUD: HUD-Certified Housing Counselors Available to Assist Homeowners and Renters Recover from Maui Wildfires

The U.S. Department of Housing and Urban Development (HUD) is reinforcing the availability of HUD-certified housing counseling services for those struggling to recover from the devastating wildfires in Maui, Hawaii. In addition to the national and local HUD-approved housing counseling agencies who are providing onsite and virtual assistance, this upcoming weekend – September 1-2, 2023…