CRA Newswire

OCC: Third Quarter 2016 CRA Evaluation Schedule Issued

The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the third 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 submitted to…

ABA: 6 Financial Traps New College Graduates Should Avoid

WASHINGTON — As college seniors across the nation graduate and start their careers, their financial lifestyle should be top of mind, says the American Bankers Association. ABA has highlighted six traps new college graduates should avoid to fortify their finances as they transition from the dorm to the office.  “Now is the time for college…

FDIC: Third 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 third 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…

FDIC: Report Shows Mobile Banking Can Help Underserved Consumers

Mobile banking can help underserved consumers obtain more control over their finances and increase access to mainstream banking, according to a Federal Deposit Insurance Corporation (FDIC) report released today. The report was released at a meeting of the FDIC’s Advisory Committee on Economic Inclusion (ComE-IN), which focused on Mobile Financial Services (MFS). The paper, Opportunities for…

CDFI Fund: “Access to Capital and Credit in Native Communities” Report Released

NEW REPORT FOCUSES ON CHANGES OVER THE LAST 15 YEARS AND OPPORTUNITIES MOVING FORWARD May 23, 2016 A new independent report on access to capital and credit in American Indian, Alaska Native, and Native Hawaiian communities (Native Communities) was released today by the Native Nations Institute. The Access to Capital and Credit in Native Communities…

FDIC: Resources for Small Businesses During National Small Business Week

The Federal Deposit Insurance Corporation (FDIC) today highlighted the agency’s resources to help small businesses get the most from their banking relationships. The information is being emphasized to coincide with National Small Business Week, May 1-7. Small businesses employ roughly half of all Americans and account for more than 60 percent of net new jobs,…