CFPB: Making the Decision to Rent or Buy
Buying a home is exciting. It’s also one of the most important financial decisions you’ll make. Choosing a mortgage to pay for your new home is just as important as choosing the right home. You have the right to control the process. Check out our other blogs on homebuying topics, and join the conversation on Facebook…
CFPB: Thinking About When You’ll Claim Social Security Benefits Is Time Well Spent
How much will you receive from Social Security when you claim your retirement benefits? If you don’t know, you’re not alone. According to a recent study , one in five people are guessing how much their Social Security retirement benefit will be each month. As it turns out, your prediction might be off by quite…
CDFI Fund: CY 2017 Round of New Markets Tax Credit Program Opens
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2017 round of the New Markets Tax Credit Program (NMTC Program). The NOAA makes up to $3.5 billion in tax credit allocation authority available for the CY 2017 round….
ABA: What You Need to Know About the Grandparent Scam
WASHINGTON — According to the Federal Trade Commission, the agency received more than 400,000 complaints in 2016 from consumers reporting they were victims of impersonation scams. One of the most common is called the “Grandparent Scam,” which uses impersonation tactics to deliberately target and exploit older Americans. To commit this crime, fraudsters call claiming to…
OCC: Upcoming Financial Literacy Events
Financial Literacy Seminar Series in D.C. May 2017 (Washington, D.C.) The Board of Governors of the Federal Reserve System and the Global Financial Literacy Excellence Center (GFLEC) at George Washington University sponsor this initiative bringing together academics, practitioners, policymakers, and other experts to present and discuss cutting-edge research in financial literacy. Financial Coaching Fundamentals and…
SBA: Hawaii Entrepreneurs Honored as 2017 National Small Business Persons of the Year
WASHINGTON, D.C. – As part of National Small Business Week, Linda McMahon, Administrator of the U.S. Small Business Administration, today recognized this year’s Small Business Person(s) of the Year and other national award winners at a ceremony and reception at the United States Institute of Peace in Washington, D.C. “It is my extreme pleasure to announce that…
SBA: President Trump Proclaims Small Business Week
WASHINGTON – National Small Business Week celebrations commenced in the nation’s capital at the US Institute of Peace with more than 85 national award winners from across the country and U.S. territories convening to be awarded and recognized for their major accomplishments. The two-day award ceremony will conclude with the announcement of the National Small…
FDIC: Final Handbook for De Novo Organizers Applying for Deposit Insurance Released
The Federal Deposit Insurance Corporation (FDIC) today released a final handbook to assist parties interested in establishing new banks. As part of the FDIC’s ongoing commitment to work with organizers, the handbook – Applying for Deposit Insurance – A Handbook for Organizers of De Novo Institutions – was designed to provide a plain language overview…
ABA: Call for Entries for the Foundation’s Community Commitment Awards
Deadline for entries is June 30 WASHINGTON — The American Bankers Association Foundation is requesting submissions for its annual Community Commitment Awards to recognize banks’ essential involvement in their communities. The awards will honor innovative, high impact bank programs that improve the quality of life for the customers and communities they serve. The entry period…
ABA: 6 Financial Tips for Service Members and Their Families
WASHINGTON — As National Military Appreciation Month begins, we are reminded of the many sacrifices that service members and their families make to protect our nation. In honor of their service, the American Bankers Association has highlighted six financial tips to help military families reduce the stress of managing money. “Finances are often identified by…