OCC: Second Quarter 2016 CRA Evaluation Schedule Released
WASHINGTON — The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the second quarter of 2016. The OCC encourages public comment on the national banks and federal savings associations scheduled to be evaluated under the CRA, and suggests that comments be…
FDIC: Second Quarter 2016 CRA Examination Schedule Issued
The Federal Deposit Insurance Corporation (FDIC) has issued the public list of institutions that it has scheduled for a Community Reinvestment Act (CRA) examination during the second quarter of 2016. This list is published pursuant to revised CRA regulations published in May 1995 that require each federal bank and thrift regulator to publish a quarterly…
CDFI Fund: Capital Magnet Fund Update
The Community Development Financial Institutions Fund (CDFI Fund) has released an updated Frequently Asked Questions (FAQ) document on its website, www.cdfifund.gov/cmf, to assist potential applicants to the fiscal year (FY) 2016 round of the Capital Magnet Fund. Topics updated in the FAQ include affordability requirements, use of Capital Magnet Fund funds with other CDFI Fund program…
ABA: Teen Named Grand Prize Winner Of National Video Contest
WASHINGTON—In recognition of America Saves Week, the American Bankers Association Foundation announced today the three national winners for its 2015-2016 Lights, Camera, Save! video contest. The winning videos were revealed through a live broadcast on the association’s YouTube channel. The judging panel, which consisted of personal finance and communications experts, awarded Nathan Mitchell of Waco, Texas the grand prize for his…
CDFI Fund: CDFI and NACA Program Electronic Application Available
The electronic applications for the fiscal year (FY) 2016 round of the CDFI Program and NACA Program are now available in the Community Development Financial Institutions Fund (CDFI Fund)’s Awards Management Information System (AMIS). All applicants must be registered in SAM.gov, Grants.gov, and AMIS to apply for funding. Previous applicants should confirm that their existing…
OCC: Supporting America Saves Week
WASHINGTON — Comptroller of the Currency Thomas J. Curry today issued the following statement in recognition of America Saves Week, February 22 – 27, 2016: The Office of the Comptroller of the Currency is pleased to support America Saves Week, which encourages individuals and families to prepare for the future and build personal wealth. National…
FDIC: Consumers Encouraged To Develop A Plan To Save Toward Their Goals
The Federal Deposit Insurance Corporation (FDIC) encourages consumers to use America Saves Week as a time to begin or continue saving toward financial goals. FDIC Chairman Martin J. Gruenberg said: “Making regular savings deposits – even small ones – into a federally insured financial institution is a safe way to work toward your financial goals. During America Saves…
ABA: Save or Spend – 5 Ways To Make Your Refund Count This Tax Season
WASHINGTON — According to the Internal Revenue Service, the nation’s taxpayers received an average tax refund of nearly $3,000 in 2015. This year, while more than 70 percent of tax payers await their hefty refund, the American Bankers Association is highlighting five tips to help them make the most out of this year’s windfall. “Tax…