FDIC: New Members for the Advisory Council on Community Banking Announced
The Federal Deposit Insurance Corporation (FDIC) has announced the selection of eight new members for its Advisory Committee on Community Banking, which has been providing advice and recommendations to the FDIC on a broad range of community bank policy and regulatory matters since it was established in 2009. The Advisory Committee members represent a cross-section…
CDFI Fund: Public Data for NMTC Program for 2003-2014 Released
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today released data collected on New Markets Tax Credit (NMTC) investments across the nation through fiscal year (FY) 2014. The CDFI Fund requires all Community Development Entities (CDEs) that have been awarded NMTC allocations to submit an annual report detailing how they…
OCC: Members Sought for OCC’s Mutual Savings Association Advisory Committee
WASHINGTON — The Office of the Comptroller of the Currency (OCC) is seeking nominations for members of its Mutual Savings Association Advisory Committee (MSAAC). The MSAAC will provide the OCC with advice and recommendations regarding the current and future circumstances and needs of mutual savings associations. The OCC is seeking nominations of officers or directors…
OCC: Members Sought for OCC’s Minority Depository Institutions Advisory Committee
WASHINGTON — The Office of the Comptroller of the Currency (OCC) is seeking nominations for members of its Minority Depository Institutions Advisory Committee (MDIAC). The MDIAC assists the OCC in assessing the needs and challenges facing minority depository institutions. The OCC is seeking nominations of officers or directors of OCC-regulated minority depository institutions, or officers…
ABA: Online, Mobile Banking Most Popular With Consumers
WASHINGTON — More than half of Americans manage their bank accounts online more often than any other method, according to a recent survey by the American Bankers Association. Mobile banking ranked as consumers’ second most preferred way to bank, with about one in five people taking to their mobile devices to conduct their banking business….
CDFI Fund: Upcoming Webinar – AEO’s Innovation Challenge Solution
The Association for Enterprise Opportunity (AEO) will host a webinar on September 8, 2016 to provide additional insight into its winning 2015 CDFI Fund Innovation Challenge solution. AEO’s proposed solution is a screening and assessment tool that will match small business owners who have been declined by traditional lenders with CDFIs that may be able to…
CFPB: Four Ways to Support Your Community’s Fight Against Elder Financial Expoitation
Four ways to support your community’s fight against elder financial exploitation Financial exploitation robs millions of older people of their money and property every year. To prevent and respond to the crisis of elder financial exploitation, people are working together in hundreds of communities across our nation. These networks of people bring together, among others,…