Tag Archives: community development

Six Banks to Receive Community Commitment Awards

The ABA Foundation has recognized six banks for their outstanding commitment to their communities. The ABA Community Commitment Awards — to be presented on Oct. 23 during ABA’s Annual Convention in New York — are given in six categories to honor innovative, high-impact bank programs and projects that produce lasting results in the communities they serve. Bank award winners and ...

Read More »

ABA, Trade Groups Oppose ‘Rescission’ Cuts to CDFI Funding

ABA and three other trade groups today urged House and Senate appropriations leaders to oppose the Trump administration’s $15.4 billion rescissions proposal, which would seek to claw back $23 million from the Bank Enterprise Award Program and $151 million from the Capital Magnet Fund.

Read More »

ABA, Trade Groups Urge Support for CDFI Funding

ABA and three other trade groups on Friday urged House and Senate appropriations leaders to support $275 million in funding for the Community Development Financial Institutions Fund in fiscal year 2019, with at least $35 million allocated for the Bank Enterprise Award Program.

Read More »