Eight Banks to Receive Community Commitment Awards
The American Bankers Association Foundation has recognized eight banks for their outstanding commitment to their communities.
Tag: Community development
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Acknowledging banks’ innovative efforts to meet the credit needs of residents in distressed communities, the OCC today rescinded 2017 guidance ...
McWilliams: CRA Reform to Clarify Qualifying Activities, Lending Assessment
In remarks yesterday at a meeting of community development bankers, FDIC Chairman Jelena McWilliams highlighted several ongoing initiatives at the ...
Podcast: A Small Bank Tackles Rural Housing Affordability
Christie Obenauer's family-owned bank had a problem. Based in a rural county in western North Dakota, her community had been ...
Community Development as a Healthcare Strategy
Bank investments in housing and broader community development can lead to improved health outcomes in communities.
ABA, Trade Groups Urge Support for CDFI Funding
ABA and three other trade groups today urged House and Senate appropriations leaders to support $300 million in funding for ...
