SBA: Virtual Military Spouse Entrepreneur Summit to be Held Wednesday, August 19th
The U.S. Small Business Administration will host a virtual “Military Spouse Entrepreneur Summit” in collaboration with Second Lady of the United States Karen Pence and the U.S. Chamber of Commerce Foundation’s Hiring Our Heroes on Wednesday, Aug. 19 from 1-3:30 p.m., EDT. This free event will connect military spouses with resources and information available to help them start or…
SBA: Funding Awarded to Organizations Delivering Entrepreneurship Training to Women Veterans and Military Spouses
The U.S. Small Business Administration today awarded $300,000 in grants to three organizations offering entrepreneurship training to women service members, veterans and military spouses. The funding opportunity, offered by SBA’s Office of Veterans Business Development, supports each organization’s entrepreneurial programs for women who serve in our military and veteran communities. Each awardee was chosen based on their demonstrated…
ABA: Foundation Encourages Banks to Submit Nominations for Annual Community Commitment Awards
The ABA Foundation is seeking submissions for its eighth annual Community Commitment Awards. The awards, one of the industry’s highest honors for extraordinary bank commitment to communities, recognizes innovative, high-impact programs that improve the quality of life for the customers and communities banks serve. The entry period ends July 1. “Now more than ever, America’s banks…
ABA: New Infographic Offers Tips to Protect Members of the Military from Potential Scams
In honor of National Veterans and Military Families Month and Veterans Day, the American Bankers Association Foundation, the Association of Military Banks of America (AMBA) and Better Business Bureau Institute for Marketplace Trust (BBB Institute) have joined forces to educate veterans, active duty service members and their families on financial scams targeting the military. A new…
ABA Foundation: Eight Banks Honored With 7th Annual Community Commitment Awards
Banks of all sizes earn prestigious industry awards for programs addressing range of community issues Eight banks earned American Bankers Association Foundation’s highest honor today by being named Community Commitment Award winners for 2019. The annual awards recognize banks for their corporate social responsibility efforts in categories ranging from affordable housing to economic inclusion. This year’s CCA…
ABA: Experts Selected to Judge Top Banks in Corporate Social Responsibility
Deadline for Community Commitment Award entries extended to July 19 WASHINGTON — The American Bankers Association Foundation today is pleased to announce the list of national experts responsible for judging the banking industry’s 2019 Community Commitment Awards. The CCA program recognizes banks of all sizes and charters across the country for their corporate social responsibility efforts…
CFPB: Financial Education Tool Launched for Active-Duty Servicemembers
“Misadventures in Money Management” Expands to Wider Audience Today the Consumer Financial Protection Bureau (CFPB) significantly expanded its Misadventures in Money Management financial education tool to active-duty servicemembers. Misadventures in Money Management (MIMM.gov ) was initially developed for future servicemembers who signed a contract to enlist in the armed forces, but had not yet shipped off…
CFPB: Report Released on First-Time Homebuying Servicemembers
Today the Consumer Financial Protection Bureau (CFPB) released a report focusing on mortgages made to first-time homebuyers who are serving in the armed forces or are veterans. The Bureau’s report is the first time researchers have been able to provide a description and analysis of servicemembers’ mortgage choices and mortgage performance, both during and after…
CFPB: New Credit Monitoring, Medical Debit Restrictions and Mortgage Protections for Servicemembers and Veterans
Free credit monitoring, medical debt credit reporting restrictions, and mortgage protections for those recently back from active duty In May 2018, new protections for servicemembers and veterans were signed into law . The Federal Trade Commission (FTC) and the Bureau previously highlighted the new federal law that went into effect on September 21, 2018 requiring…
CFPB: Bureau Releases Sixth Annual Report from the Office of Servicemember Affairs
I am pleased to offer the sixth annual report from the Office of Servicemember Affairs (OSA) highlighting issues and emerging trends facing servicemembers, veterans, and military families (collectively referred to as “servicemembers” in this report). The Consumer Financial Protection Bureau (CFPB) and the OSA are committed to ensuring that servicemembers have high levels of financial…