ABA Backs Treasury Efforts to Update CDFI Certification
ABA said yesterday that it supports the Treasury Department’s efforts to update the Community Development Financial Institutions certification process, noting ...
Tag: Community development
Podcast: Believing in What Banking Can Do
After a long career as a commercial banker in St. Louis, more than a decade ago Alex Fennoy joined Midwest ...
Podcast: ‘Folks Who Are Low-Wealth Also Need Wealth Advisers’
Homeownership, savings and holding down a job are three keys to financial well-being and moving out of generational poverty, so ...
ABA Foundation Awards Seven Community Commitment Awards
The ABA Foundation today recognized seven banks for their outstanding commitment to their communities.
Fed Issues Its Own CRA Modernization Proposal
The Federal Reserve today issued an advance notice of proposed rulemaking on updating the agency’s three-decade-old Community Reinvestment Act regulations.
SBA, Treasury Allocate $10B of Round Two PPP Funds for CDFIs
To help ensure that Paycheck Protection Program funds reach all small businesses in need, the Small Business Administration and Treasury ...
Agencies Issue FAQs on Coronavirus, Community Reinvestment Act Activities
The OCC today released a list of 13 interagency frequently asked questions related to the Community Reinvestment Act and the ...
CEO Q&A: Opportunity Rising in the Midwest
After a career as a nonprofit executive, Midwest BankCentre Chairman and CEO Orvin Kimbrough discusses the unique perspective he brings ...
Industry Groups Call for CDFI Funding in Next Stimulus Package
Noting the pivotal role that community development financial institutions play in stabilizing local economies and creating jobs in low- and ...
Agencies to Give CRA Consideration for Activities Related to Coronavirus
The federal banking agencies announced today that they will give favorable Community Reinvestment Act consideration to banks for retail banking, ...
