SBA Updates Guidance on PPP Whole Loan Sales
The Small Business Administration today extended its guidance on how lenders may sell whole Paycheck Protection Program loans. The SBA’s...
Community Banking
ABA Foundation Invites Applications for Annual Community Commitment Awards
The ABA Foundation invites entries for the ninth annual Community Commitment Awards, which recognize and promote extraordinary bank commitment to...
CDFI Fund Opens Applications for 2021 Small Dollar Loan Program
The Community Development Financial Institutions Fund this week issued a notice inviting applications for the 2021 Small Dollar Loan Program,...
ABA’s Nichols Discusses Technology, Community Banking in Podcast
American Bankers Association President and CEO Rob Nichols today said that the rapid convergence of banking and technology is important...
Rep. Barr Introduces ABA-Backed Bill to Encourage De Novo Bank Formation
To help expand access to banking services and promote financial inclusion, Rep. Andy Barr (R-Ky.) last week introduced H.R. 2561,...
McWilliams Previews FDIC’s ‘Mission-Driven Bank Fund’ to Support CDFIs, MDIs
The FDIC is setting up a Mission-Driven Bank Fund to help support minority depository institutions and community development financial institutions,...
Podcast: Empowering Bank Employees to Build Culture from the Ground Up
Culture is important for every bank, but never more so than when employees are remote amid the COVID-19 pandemic. Pat...
ABA Past Chair: ‘We’ve Seen Great Results’ from PPP Loans
American Bankers Association Past Chair Laurie Stewart today said that her bank—Sound Community Bank in Seattle, of which she is...
The Real Story on Bank Branch Closures
Some branches are closing but that doesn’t mean reduced access to banking services, especially in lower-to-moderate-income neighborhoods.
FDIC Names New Advisory Committee Members
The FDIC today announced the appointment of nine new members to its Advisory Committee on Community Banking.
