Browsing: Community development

Newsbytes

ABA and three other trade groups today urged House and Senate appropriations leaders to support $300 million in funding for the Community Development Financial Institutions Fund in fiscal year 2020, with $35 million allocated for the Bank Enterprise Award Program.

Community Banking

Testifying at a House Appropriations subcommittee hearing today, Bob Jones, president and CEO of United Bank in Atmore, Ala., shared how support from the Community Development Financial Institutions Fund has helped his bank (one of the 134 certified CDFIs in the U.S.) play a direct role in supporting low and moderate-income individuals and businesses.

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