CDFI Fund: Revised CDFI Program Regulations Issued

Currently, the Community Development Financial Institutions Fund (CDFI Fund), U.S. Department of the Treasury, is soliciting comments concerning revisions of the Interim Rule for the Community Development Financial Institutions Program (CDFI Program). The revised Interim Rule was published in the Federal Register today. Through the CDFI Program, the CDFI Fund […]

Interagency Guidance: 2014 Small Business, Small Farm And Community Development Lending Data Now Available

The three federal banking agency members of the Federal Financial Institutions Examination Council (FFIEC) with Community Reinvestment Act (CRA) responsibilities—the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency—announced today the availability of data on small business, […]

ABA: 10 Tips For Tough Financial Times On The Farm

​WASHINGTON — In recent years, farmers and ranchers have enjoyed profitable times, but many experts, including the USDA, are predicting stress ahead in the ag economy. The American Bankers Association is helping producers prepare by providing key financial considerations.​​ “Thanks to recent boom times, many farmers and ranchers are well-positioned financially […]

Who Are The Credit Invisibles?

Take a second and think about the last time you applied for a loan?   There was an application and multiple disclosures and then the waiting period for approval while a bank reviewed your income and payment history and creditworthiness. At the end of the day, we all know that a […]