CDFI Fund: $18 Million in Bank Enterprise Awards Announced
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced $18.1 million in grant awards to 83 FDIC-insured financial institutions for serving economically distressed communities across the nation. These funds are awarded under the fiscal year (FY) 2015 round of the Bank Enterprise Award Program (BEA Program), and they will…
CDFI Fund: U.S. Treasury Awards More Than $200 Million To Spur Economic Growth In Low-Income Areas
Washington – The U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) awarded 195 Community Development Financial Institutions (CDFIs) $202 million in grants and loans today through the latest rounds of the Community Development Financial Institutions Program (CDFI Program) and the Native American CDFI Assistance Program (NACA Program). This announcement caps the 20th anniversary celebration…
ABA: Foundation Introduces New Campaign To Promote Safe Banking For Seniors
WASHINGTON — The American Bankers Association Foundation today announced a new campaign – Safe Banking for Seniors – to provide America’s seniors and their caregivers with tools to prevent financial fraud. Similar to the foundation’s popular financial literacy campaigns for children and teens, Safe Banking for Seniors will mobilize bankers across the country to educate…