The Community Development Financial Institutions Fund today opened its funding round for fiscal year 2022 funding for its small-dollar loan program.
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In a recent op-ed, ABA’s vice chair pushes back at FHLB critics, saying the system plays a critical lender role in supporting the economy with liquidity in good times and bad.
The Federal Reserve, FDIC and OCC issued a much-anticipated joint notice of proposed rulemaking to modernize regulations implementing the Community Reinvestment Act.
ABA joined the California and Georgia bankers associations with voter education ads thanking two lawmakers for their work supporting communities.
The ABA Foundation invites entries for the tenth annual Community Commitment Awards, which recognize and promote extraordinary bank commitment to communities and the innovative, high-impact programs that improve the quality of life for customers and the communities banks serve.
ABA and four other trade groups today urged House and Senate appropriations leaders to continue bipartisan support for the CDFI Fund
The American Bankers Association and several trade groups sent a joint letter to Treasury Secretary Janet Yellen, once again urging the agency to revise its regulatory treatment of Emergency Capital Investment Program investments.
The Treasury Department’s Community Development Financial Institutions Fund today awarded $26 million to 158 FDIC-insured banks through the fiscal year 2021 round of the Bank Enterprise Award Program.
The American Bankers Assocaition raised concerns today regarding documentation for the Treasury Department’s Emergency Capital Investment Program, a program aimed at helping community development financial institutions and minority depository institutions support access to capital in underserved communities.
Time is running out for the Federal Reserve to make a simple but critical fix to ensure infusions of funds reach disadvantaged communities.