CDFI Fund: Preview of Revisions to the New CDFI Certification Application Available
Release is in Advance of Further Request for Comments coming from OMB In May 2020, the Community Development Financial Institutions Fund (CDFI Fund) requested public comment on the application and reporting requirements for Certified Community Development Financial Institutions (CDFIs). The CDFI industry overwhelmingly responded and submitted 55 letters with over 600 unique comments to proposed changes to…
ABA: Board & Officers for 2022-2023 Elected
Members attending the American Bankers Association’s annual convention in Austin, Texas, have elected new ABA officers and directors to serve on ABA’s board for the 2022-2023 association year. The new officers are: CHAIR: Daniel D. Robb, president and CEO, Jonesburg State Bank, Jonesburg, Mo.; CHAIR-ELECT: Julieann M. Thurlow, president and CEO, Reading Cooperative Bank, Reading, Mass.; VICE…
Census Bureau: Data Available to Help Hurricane Ian Efforts
Demographic and economic data from the U.S. Census Bureau are available on the areas impacted by Hurricane Ian. Data tools, such as OnTheMap for Emergency Management, offer demographic data on real-time emergency event areas, comprehensive reports, a historical event archive plus flexible analyses and visualizations. Census Business Builder: Regional Analyst Edition offers users the ability to create a region and…
HUD: 10th Anniversary of the Office of Housing Counseling Marked
The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling today marks its tenth anniversary since being created as a distinct office reporting to HUD’s Assistant Secretary for Housing. Throughout October, the Office will celebrate the many contributions of HUD’s housing counseling program in helping individuals and families obtain and maintain safe,…
SBA: Funding Awarded to Organizations Delivering Service-Disabled Veteran Entrepreneurship Training Program
Today, Administrator Isabella Casillas Guzman , head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses in President Biden’s Cabinet, announced the awarding of $300,000 in funding to four organizations to deliver existing training programs through the SBA’s Service-Disabled Veteran Entrepreneurship Training Program. “Our veterans and military families are an important source of…
ABA: National Survey Finds U.S. Consumers Are Overwhelmingly Happy with Their Bank and Financial Industry “Highly Competitive”
Survey also found consumers highly value credit card rewards programs and don’t want the federal government to put them at risk Nine in 10 Americans with a bank account (86%) say they are “very satisfied” or “satisfied” with their primary bank, and 95% rate their bank’s customer service as “excellent,” “very good” or “good,” according…
ABA: Foundation Accepting Donations to Support Florida Hurricane Relief Efforts
The American Bankers Association Foundation today announced it will start collecting tax-exempt contributions through its Disaster Relief Program to help aid relief efforts in Florida after the devastation caused by Hurricane Ian. At the request of the Florida Bankers Association (FBA), the ABA Foundation will immediately begin accepting donations today at its website ABA.com/Florida. At the…
FEMA: President Biden Approves Emergency Declaration for North Carolina
FEMA announced that federal emergency aid has been made available to the state of North Carolina to supplement the state, tribal and local response efforts due to emergency conditions resulting from Hurricane Ian beginning Sept. 28 and continuing. The President’s action authorizes FEMA to coordinate all disaster relief efforts to alleviate the hardship and suffering caused by…
FEMA: President Biden Approves Major Disaster Declaration for Seminole Tribe of Florida
FEMA announced that federal disaster assistance has been made available to the Seminole Tribe of Florida to supplement tribal recovery efforts in the areas affected by Hurricane Ian beginning Sept. 23 and continuing. The President’s action makes federal funding available to affected tribal members. Assistance can include grants for temporary housing and home repairs, low-cost loans…