The Community Development Financial Institutions Fund is seeking comments on its process for certifying an organization as a Community Development Financial Institution as it works to assess whether changes are needed, given the changing nature of the industry and the rapid increase of certified CDFIs. The current application process involves seven tests for which applicants must supply legal documentation, narratives and financial data, as well as an annual recertification requirement. Comments are due 60 days after the notice is published in the Federal Register. Read the request for comment.
Iowa banker elected as chair of ABA’s Community Bankers Council
ABA has elected Matt Lujano as chair of the Community Bankers Council for the 2026-2027 association year. Lujano is president and CEO of Westside State Bank in Westside, Iowa.








