SBA: President Trump Proclaims National Small Business Week May 5-11

Today, National Small Business Week celebrations commence in the nation’s capital with a two-day award ceremony at the U.S. Institute of Peace where more than 75 national award winners from across the country and U.S. territories are gathered to be recognized for their major accomplishments.  The two-day award ceremony will conclude Monday, […]

SBA: Funding Opportunity Announced through the State Trade Expansion Program

 The U.S. Small Business Administration (SBA) announces the opening of the submission period for a funding opportunity through the State Trade Expansion Program (STEP). The purpose of the grant opportunity is to invite proposals for funding from eligible state entities interested in, and capable of providing assistance, guidance and tools to qualified small businesses […]

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 February 2019. The CRA is a 1977 law intended to encourage insured banks and […]

OCC: CRA Evaluations Released for 32 National Banks and Federal Savings Associations

 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 April 1, 2019 through April 30, 2019.  The list contains only national banks, federal savings associations, and insured federal branches of foreign banks […]

SBA: National Small Business Week Kicks Off in Washington, D.C. May 5-6

America’s top small businesses to be honored for their achievements Acting Administrator Chris Pilkerton, the head of the U.S. Small Business Administration, will kick off the 2019 National Small Business Week events in Washington, D.C. on May 5-6. Small business owners, industry leaders and other award winners from around the country will gather […]

CFPB: Notice of Proposed Rulemaking Issued for HMDA Rules

The Consumer Financial Protection Bureau (Bureau) today issued a Notice of Proposed Rulemaking (NPRM), which proposes to raise the coverage thresholds for collecting and reporting data about closed-end mortgage loans and open-end lines of credit under the Home Mortgage Disclosure Act (HMDA) rules. The NPRM would provide relief to smaller […]

ABA: Ohio Small Business Wins SBA’s 2019 Exporter of the Year Award

EarthQuaker Devices has been named 2019 Small Business Exporter of the Year by the U.S. Small Business Administration (SBA). The Akron, Ohio-based company will be officially recognized during National Small Business Week, an annual event honoring the accomplishments and contributions of the best small businesses in the nation. The award will be presented […]

SBA: 2019 Phoenix Award Champions Honored for Outstanding Disaster Recovery Efforts

Today, the U.S. Small Business Administration announced the 2019 National Small Business Week Phoenix Award winners for their resilience in the aftermath of a disaster. Since 1998, the SBA has presented Phoenix Awards to business owners, public officials and volunteers who displayed selflessness, ingenuity and tenacity in the aftermath of a disaster, […]