FDIC: Resources for Small Businesses During National Small Business Week
The Federal Deposit Insurance Corporation (FDIC) today highlighted the agency’s resources to help small businesses get the most from their banking relationships. The information is being emphasized to coincide with National Small Business Week, May 1-7. Small businesses employ roughly half of all Americans and account for more than 60 percent of net new jobs,…
ABA: The Grandparent Scam – What You Need To Know
May is ‘Older Americans Month’ WASHINGTON — Every year thousands of seniors fall victim to impersonation scams. According to the Federal Trade Commission, between 2012 and 2014, consumers reported more than $42 million in losses from scams involving the impersonation of family members and friends. These scams, commonly known as the “grandparent scam,” is a…
ABA: Foundation Community Commitment Awards Call for Entries
Deadline for entries is July 1 WASHINGTON — The American Bankers Association’s Foundation is requesting submissions for its annual Community Commitment Awards to recognize banks’ essential involvement in their communities. The awards will honor innovative, high impact contributions banks make to the customers and communities they serve. The entry period will extend to July 1. “Receiving a…
CFPB: Protecting Credit While in the Criminal Justice System
Checking your credit report regularly and making sure the information is correct is an important part of building and maintaining healthy credit. For incarcerated individuals, monitoring personal accounts or credit reports can be a challenge. Individuals who can’t monitor their credit reports could face an increased risk of fraud or identity theft. Errors or other…
CFPB: Student Loan “Payback Playbook” Unveiled
WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) unveiled the student loan Payback Playbook, a set of prototype disclosures that outline a path to affordable payments for borrowers trying to avoid student debt distress. The Payback Playbook provides borrowers with personalized information about their repayment options from loan servicers so they can secure a…