FDIC: New Resource Announced for Community Banks – Affordable Mortgage Lending Guide Part II
The Federal Deposit Insurance Corporation (FDIC) published a new guide to help community bankers learn more about grant and mortgage loan programs offered by State Housing Finance Agencies. The Affordable Mortgage Lending Guide, Part II: State Housing Finance Agencies describes programs offered by State Housing Finance Agencies across the country. The guide focuses on first-lien mortgage…
FDIC: Meeting Announced of the Advisory Committee on Community Banking
The Federal Deposit Insurance Corporation (FDIC) today announced that it will hold a meeting of the Advisory Committee on Community Banking on Thursday, November 3. Senior staff will discuss and provide updates on the FDIC’s Community Banking Initiative, efforts to support de novo formations and to develop the next generation of bankers, and FDIC assessment rates. There…
ABA: 6 Tips for Military Families
November is Military Family Month WASHINGTON —In honor of Military Family Month and upcoming Veterans Day, the American Bankers Association is highlighting six financial tips to help military families manage their money. “Service members and their families often cite finances as one of their most significant stressors, even more so than deployments and personal relationships,”…
ABA: Understanding Your Role as a Financial Caregiver
November is National Family Caregiver Month WASHINGTON — According to the Caregiver Action Network, more than 90 million Americans care for a loved one living with a disability, disease or experiencing reduced financial capability as a result of aging. Financial caregivers play an important role in ensuring that all finances — from routine to complex — are managed wisely,…
ABA: Survey Shows Consumers Trust Banks Most To Keep Their Payments Safe
Twenty-one percent of consumers have used mobile app to make payment WASHINGTON — An overwhelming majority of consumers — 82 percent — trust banks most to keep their payments safe, according to a recent survey from the American Bankers Association. Only 3 — 4 percent of consumers trust major retailers or telecom companies to protect their payments. “Banks always make the…
CFPB: Join the 2017 Your Money, Your Goals Cohort
We are recruiting organizations to participate in the 2017 Your Money, Your Goals Cohort and we’d like to encourage you to get involved! We are looking for approximately 30 organizations from around the country who are interested in using the Your Money, Your Goals toolkit to help build the financial capability of the people they serve. We are interested in…
OCC: Responsible Innovation Framework Released
WASHINGTON — The Office of the Comptroller of the Currency (OCC) today announced it will establish an office dedicated to responsible innovation and implement a formal framework to improve the agency’s ability to identify, understand, and respond to financial innovation affecting the federal banking system. “The OCC supports responsible innovation that enhances the safety and…
ABA: 12 Ways to Protect Your Mobile Device From Hackers
WASHINGTON — As more and more consumers rely on their mobile devices to bank, browse and shop on the internet, it is extremely important that they exercise certain measures to protect their devices from online threats. In recognition of National Cybersecurity Awareness Month, the American Bankers Association is recommending 12 tips to help consumers safeguard…
FDIC: Sixth Annual Consumer Research Symposium To Be Held In Arlington, VA
The Federal Deposit Insurance Corporation (FDIC) will sponsor the 6th Annual Consumer Research Symposium on October 28, 2016. The conference will feature a presentation of selected research papers and a keynote address by FDIC Chairman Martin J. Gruenberg. More than 80 research papers were submitted for consideration, and eight were selected to be presented at the…