ICBA: ICBA Congratulates Lawmakers for Enactment of Bipartisan Housing Law with Pro-Community Bank Policies
The Independent Community Bankers of America (ICBA) congratulated members of Congress for today’s enactment of bipartisan housing legislation that includes a community banking title of ICBA-advocated regulatory relief to promote lending and housing affordability. “ICBA and the nation’s community banks applaud today’s enactment of bipartisan housing legislation with pro-community bank reforms that will promote lending…
FDIC: Kentland Bank Assumes All Deposits of Kentland Federal Savings and Loan Association
Kentland Federal Savings and Loan Association of Kentland, Indiana was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC entered into an agreement with Kentland Bank of Kentland, Indiana (no affiliation with Kentland Federal Savings and Loan Association) to purchase substantially…
SBA: 10 Semifinalists in Freedom 250 Patriot Pitch Competition Announced
National Freedom 250 contest spotlights small businesses driving innovation, creating jobs, and strengthening communities across America Today, the U.S. Small Business Administration (SBA) announced the 10 semifinalists advancing in the Patriot Pitch Competition, the agency’s premier Freedom 250 initiative celebrating 250 years of American free enterprise and the small businesses that drive innovation, create jobs, and generate economic…
FEMA: More Than $584 Million Delivered To Support Community-Led Resilience and Recovery Across the U.S.
Today, FEMA announced the approval of more than half a billion to help states, Tribal Nations, territories and local governments build community resilience, restore critical infrastructure and invest in mitigation measures to reduce future disaster damage. The approved funding builds on President Donald J. Trump’s commitment to improving federal disaster support and ensuring taxpayer dollars are invested in…
EDA: U.S. Department of Commerce Invests $10.9 Million for Infrastructure Improvement Projects to Support Economic Development in Four States
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced $10.9 million in awards for infrastructure improvement projects in four states. The awards were provided through EDA’s Fiscal Year 2025 Public Works and Economic Adjustment Assistance program, which helps communities revitalize and upgrade their physical infrastructure to attract new industries and strengthen local economies….
SBA: Small Businesses Now Eligible for $10 Million in SBA Financing
New SBA Policy Allows Borrowers to Combine 7(a) and 504 Loans to Double Available Capital Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration(SBA), announced that SBA borrowers may now combine their 7(a) and 504 loans for up to $10 million in SBA-backed financing, an increase from the previous cumulative loan limit of $5 million….
EDA: U.S. Department of Commerce Invests $27 Million in Disaster Supplemental Funding to Support Economic Development Projects in Five States
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is announcing $27 million in Disaster Supplemental funding awards to support economic development projects in five states impacted by storms and natural disasters in 2023 and 2024. The EDA awards announced today are: “The Economic Development Administration is committed to providing communities with the resources they need to recover from the economic impacts of storms and other…
FEMA: President Trump Approves Major Disaster Declaration for Kansas
FEMA announced that federal disaster assistance is available to the state of Kansas to supplement recovery efforts in the areas affected by severe storms, straight-line winds, tornadoes and flooding from April 26-27, 2026. Public Assistance federal funding is available to the state, tribal and eligible local governments and certain private nonprofit organizations on a cost-sharing…
FEMA: President Trump Approves Emergency Declaration for the Commonwealth of the Northern Mariana Islands
FEMA announced today that federal disaster assistance is available to the Commonwealth of the Northern Mariana Islands to supplement response efforts due to emergency conditions resulting from Typhoon Bavi beginning July 2, 2026, and continuing. The President’s action authorizes FEMA to coordinate all disaster relief efforts to alleviate the hardship and suffering caused by the…
FEMA: President Trump Approves Emergency Declaration for Guam
FEMA announced today that federal disaster assistance is available to the Territory of Guam to supplement response efforts due to emergency conditions resulting from Typhoon Bavi beginning July 2, 2026, and continuing. The President’s action authorizes FEMA to coordinate all disaster relief efforts to alleviate the hardship and suffering caused by the emergency on the local population and to provide appropriate assistance to save lives, to protect property, public health…