CRA Newswire

SBA: 2024 Export Lender Award Winners Recognized

Export Lenders of the Year and International Trade Lender of the Year are from Pennsylvania, Illinois, and Michigan Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced the 2024 Export Lender of the Year Award winners. This year, the SBA’s Office of International Trade selected…

Federal Reserve: Applications Open for Community Advisory Council

The Federal Reserve Board announced on Monday that it is accepting applications from individuals who wish to be considered for membership on the Community Advisory Council (CAC). The CAC was formed in 2015. It advises the Board on issues affecting consumers and communities and complements two of the Board’s other advisory councils whose members represent…

OCC: CRA Evaluations for 19 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 March 1, 2024, through March 31, 2024. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The…

ABA: ABA & 52 State Bankers Associations Issue Comment Letter to CFPB Explaining that the Market for Overdraft Services is Already Transparent and Competitive

In a detailed comment letter filed today with the Consumer Financial Protection Bureau, the American Bankers Association joined all 52 state bankers associations in explaining why the market for overdraft services is already transparent and competitive, directly challenging the basic premise behind the Bureau’s misguided proposal to impose additional regulation on overdraft protection services. The letter spells…

ABA: Trade Groups Welcome Injunction Delaying CRA Rules Implementation

The American Bankers Association, the U.S. Chamber of Commerce, Independent Community Bankers of America, Texas Bankers Association, Independent Bankers Association of Texas, Amarillo Chamber of Commerce and Longview Chamber of Commerce issued the following statement after the decision by the Northern District of Texas late Friday to pause implementation of the Community Reinvestment Act Final…

SBA: 2024 Resource Partners of the Year Recognized

Awardees from Wisconsin, Michigan, Colorado, and Mississippi to be Honored During National Small Business Week Ceremony in Washington, DC Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, recognized four SBA Resource Partners of the Year awardees. The awardees – from…

SBA: 17 New Women’s Business Centers Announced

13 of the New WBCs Will Be Hosted by Minority Serving Institutions Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced the selection of 17 new Women’s Business Centers (WBCs), 13 of which will be hosted by established Minority Serving Institutions (MSIs)…

HUD: Disaster Assistance Announced for California Disaster Survivors

 The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of California to assist supplement state, tribal and local recovery efforts in areas affected by a severe storm and flooding from January 21 to January 23, 2024. President Biden issued a major disaster declaration to affected individuals…

HUD: Disaster Assistance Announced for Alaska Disaster Survivors

The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the Wrangell Cooperative Association to assist areas in the Tribal Nation’s affected by a severe storm, landslides, and mudslides on November 20, 2023. On March 15, 2024, President Biden issued a major disaster declaration. Effective immediately, HUD is:

HUD: Program to Promote Innovations in Housing Expanded

Moving to Work Program expansion enables communities to develop creative housing solutions and resident services. Today, U.S. Department of Housing and Urban Development (HUD) Acting Secretary Adrianne Todman announced the final cohort of Moving to Work (MTW) Demonstration program expansion after extensive collaboration with Congress, advocates, and industry groups. 14 selected housing agencies will evaluate…