Brainard Floats Fed’s Alternative Ideas on CRA Modernization
Federal Reserve Governor Lael Brainard, the agency’s point person for the Community Reinvestment Act modernization process, today outlined the Fed’s ...
Tag: Community development
Agencies Release 2018 CRA Data on Small Biz, Community Development Lending
The federal banking agencies today released 2018 Community Reinvestment Act data on small business, small farm and community development lending. ...
ABA Urges Committee Approval for Minority Banking Bills
Ahead of a House Financial Services Committee vote today, ABA expressed support for legislation that addresses the decline in minority ...
Podcast: Celebrating Bankers’ Community Commitment
The latest episode of the ABA Banking Journal Podcast continues a pre-Thanksgiving tradition by interviewing the winners of ABA's 2019 ...
Eight Banks to Receive Community Commitment Awards
The American Bankers Association Foundation has recognized eight banks for their outstanding commitment to their communities.
FHLBs’ Affordable Housing Funds Up 15% in 2018
The Federal Home Loan Banks awarded approximately $458 million in affordable housing program funds in 2018, a 15% increase from ...
Treasury Announces $25M in Bank Enterprise Awards
The Treasury Department’s Community Development Financial Institutions Fund today announced more than $25 million in awards to 113 banks through ...
The Bank in the Background
As it marks its centennial, North Dakota’s public bank does its work through private-sector partnerships.
Podcast: Church Lending and Other Ways to Renew Urban Neighborhoods
As urban areas across the country grow and change, community development financial institutions like Metro Bank in Louisville, Ky., are ...
OCC Rescinds Guidance, Issues ‘Core Principles’ on Higher-LTV Loan Programs
Acknowledging banks’ innovative efforts to meet the credit needs of residents in distressed communities, the OCC today rescinded 2017 guidance ...
