FDIC: #GetBanked Campaign Expanded to Los Angeles, Dallas and Detroit
Public awareness push to promote financial inclusion among the unbanked As part of its ongoing work to expand financial inclusion to unbanked individuals and families, the Federal Deposit Insurance Corporation (FDIC) today announced it will expand its #GetBanked public awareness campaign into the Los Angeles, Dallas, and Detroit metropolitan areas. The FDIC’s #GetBanked campaign is focused on…
ABA: Banks Encouraged to Host 12th Annual Lights, Camera, Save! Teen Video Contest
Popular national competition promotes financial education The American Bankers Association Foundation is urging banks across the country to participate in its upcoming Lights, Camera, Save! video competition that runs from Feb. 21 to March 31. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management. The…
HUD: More Than $51 Million in Grants to Support Housing Counseling Programs, Partnerships with Minority Serving Institutions, and Training Announced
Awards provide HUD-approved housing counseling agencies and intermediaries with funding to maintain and expand critical services for the nation’s renters, homebuyers, and homeowners. The U.S. Department of Housing and Urban Development (HUD) on Monday awarded $51.4 million in housing counseling grants to 177 HUD-approved housing counseling agencies and intermediary organizations. This includes funding to HUD-approved housing counseling…
HUD: Four New Members Appointed to the Housing Counseling Federal Advisory Committee
New appointments bring Committee membership to full 12 members authorized by statute. The U.S. Department of Housing and Urban Development (HUD) announced on Monday the appointment of four new members to the Housing Counseling Federal Advisory Committee. These new members complement the Committee’s existing eight members, bringing membership back to the full twelve members authorized by statute….
FDIC: Operation HOPE, Inc. and FDIC Announce Initiative to Expand Financial Education and Minority/Women-Owned Business Opportunities
The Federal Deposit Insurance Corporation (FDIC) today announced a collaboration with Operation HOPE, Inc., to promote financial education using the FDIC’s Money Smart curriculum and other resources and to help educate minority- and/or women-owned businesses on how to do business with the agency. The arrangement expands upon a longstanding relationship between the FDIC and Operation…
ABA: Bank Employees Across U.S. Celebrate Get Smart About Credit Day and Share Financial Knowledge with Students
Bank employees across the country will celebrate the American Bankers Association Foundation’s Get Smart About Credit campaign today and throughout the year by sharing information with teens and young adults on a range of personal finance topics. Get Smart About Credit Day, celebrated annually on the third Thursday of October, is one of three ABA Foundation youth…
FDIC: New Tool Released to Build Financial Capability
FDIC released How Money Smart Are You? on September 30th. This suite of 14 self-paced games and related resources is the newest addition to FDIC’s Money Smart product family. This new educational tool provides practical knowledge to help consumers manage their finances with confidence. Users play games to learn more about borrowing money, managing debt, saving and…
ABA: Six Banks Win ABA Foundation’s 2021 Community Commitment Awards
Banks of all sizes earn banking industry’s highest honor awards for community programs The American Bankers Association Foundation named six banks as 2021 Community Commitment Award winners. The annual awards recognize banks for extraordinary corporate social responsibility efforts in six specific categories ranging from affordable housing to economic inclusion. The winners will be recognized at ABA’s Annual Convention in…
HUD: $51 Million Announced in Funding Opportunities for Housing Counseling Agencies
Notice published today allows HUD-approved housing counseling agencies and intermediaries to apply for funding to maintain and expand critical services for the nation’s renters, homebuyers, and homeowners. The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling announced on Tuesday it is making $51 million in grants available through a Notice of Funding…
CDFI Fund: AmeriCorps and CDFI Fund Launch Economic Mobility Corps
More than $2.5 million invested to place 156 AmeriCorps members for two years in Community Development Financial Institutions AmeriCorps and the U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) today announced three Community Development Financial Institutions (CDFIs) were awarded more than $2.5 million through the inaugural round of the AmeriCorps CDFI Economic Mobility Corps (EMC)…