CDFI Announces 2021 Small Dollar Loan Program Awards
The Community Development Financial Institutions Fund today awarded more than $10.8 million in grants through the 2021 Small Dollar Loan...
Community Banking
Podcast: Breaking Down the Tax Reporting Proposal and Its Path in Congress
The fight on Capitol Hill over the Biden administration's controversial tax proposal is likely to go on for another four...
CFPB Names New Members to Community Bank Advisory Council
The CFPB today announced the appointment of new members to its Community Bank Advisory Council.
FDIC Launches Mission-Driven Bank Fund
The FDIC today launched its new mission-driven bank fund, through which private investors—including corporations, financial institutions and philanthropic organizations—have the...
Podcast: Making the Most of an Anti-Phishing Campaign
The award-winning #BanksNeverAskThat anti-phishing consumer education campaign is back with refreshed content for 2021.
OCC’s Hsu: Improving CRA Is Urgent
Acting Comptroller of the Currency Michael Hsu said he “feels the urgency” to modernize the Community Reinvestment Act regulations as...
How a Community Bank Launched a Retail Crypto Platform
Banks of all sizes are hearing from many customers that they want exposure to the fast-growing but volatile cryptocurrency market....
FDIC: Bank Profits Increase in Second Quarter
FDIC-insured banks and savings institutions earned $70.4 billion in the second quarter of 2021, a 281% increase from a year...
When the Truth About Credit Unions Hits Close to Home
The unequal tax treatment of credit unions is driving acquisitions of community banks—making it more attractive in many instances for...
Treasury Announces New Markets Tax Credit Recipients
The Treasury Department’s Community Development Financial Institutions Fund today announced the recipients of $5 billion in new markets tax credits...
