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 […]

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 […]

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 […]

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 […]

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 […]

CFPB: Bureau Asks Congress for Clear Authority to Supervise for Compliance with the Military Lending Act

Consumer Financial Protection Bureau Director Kathleen L. Kraninger today issued the following statement announcing that she has asked Congress to grant the CFPB clear authority to supervise for compliance with the Military Lending Act (MLA). “The Bureau is committed to the financial well-being of America’s service members. This commitment includes […]

ABA: Free Career Training for Veterans, Transitioning Military Members and Military Spouses Unveiled

As the nation honors veterans this week for their service to the country, the American Bankers Association is launching a new training initiative designed to make it easier for those who serve to make the transition to banking.  Today ABA released Transitioning Careers – Basic Bank Training for Veterans, a […]

SBA: Veterans Business Outreach Center Fund Opportunity Announced

Private organizations, colleges and universities, private sector firms, nonprofit organizations and state, local or tribal governmental agencies are eligible to apply for funding from the U.S. Small Business Administration to provide training and counseling to aspiring and existing veteran small business owners as a Veterans Business Outreach Center (VBOC). The grant […]