EDA: $749,000 Invested to Boost Workforce Training Opportunities in West Virginia
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $749,000 grant to Bridge Valley Community and Technical College of South Charleston, West Virginia, to help establish the Bridge Valley Construction, Telecommunications, and Energy Workforce Training Center, which will be located on Bridge Valley’s Montgomery campus. “Bridge Valley Community and Technical College…
SBA: Small Business Saturday Kicks-off in Neighborhoods across America
Annual celebration attracts more than 100 million consumers U.S. Small Business Administrator Linda McMahon is encouraging Americans to support local communities by shopping at small businesses on Saturday, November 24. Celebrated each year on the Saturday after Thanksgiving, Small Business Saturday allows consumers to make a tremendous impact in their neighborhoods by supporting a local…
CDFI Fund: Update for FY 2019 CDFI Bond Guarantee Program Applicants – Applications Now Available in AMIS
The electronic applications for the fiscal year (FY) 2019 round of the CDFI Bond Guarantee Program are now available in the Community Development Financial Institutions Fund’s (CDFI Fund’s) Awards Management Information System (AMIS). In addition, the CDFI Fund has posted a PDF version of the Qualified Issuer and Guarantee applications along with an AMIS Bond…
FDIC: Banker Teleconference on November 28th to Cover FDIC 2017 National Survey of Unbanked and Underbanked Households
FIL-73-2018 Summary: The FDIC will discuss the results of its 2017 biennial National Survey of Unbanked and Underbanked Households during a teleconference scheduled for Wednesday, November 28, 2018, from 2:00 p.m. to 3:30 p.m. Eastern Time. Other topics to be discussed include economic inclusion resources pertinent to community banks, including the Money Smart for Adults…
HUD: FHA 2018 Annual Report to Congress Released
Capital Reserves remain above statutory minimum for fourth straight year The Federal Housing Administration (FHA) today released its 2018 Annual Report to Congress on the economic condition of the agency’s Mutual Mortgage Insurance Fund (MMI Fund). FHA reports that at the end of Fiscal Year (FY) 2018, the MMI Fund had a total Economic Net…
FDIC: Information on Small-Dollar Lending Requested
The Federal Deposit Insurance Corporation (FDIC) today announced that it is seeking public comment on issues related to small-dollar lending by FDIC-supervised financial institutions. The Request for Information (RFI) solicits comments on the consumer demand for small-dollar credit products, the supply of small-dollar credit products currently offered by banks, and what the FDIC can do…
FDIC: 2018 Version of Money Smart for Adults Released
The FDIC today released the 2018 version of its popular instructor-led Money Smart for Adults financial education curriculum. Instructors can use the fully scripted materials with minimal preparation to deliver unbiased, relevant, and accurate financial education. “The FDIC’s Money Smart for Adults helps people gain the knowledge, confidence, and skills to use banks more effectively…
Census Bureau: Webinar on Release of 2018-2017 ACS Five-Year Estimates Scheduled for November 27th
What: The U.S. Census Bureau will hold a webinar on Nov. 27, 2018, in advance of the Dec. 6 release of the 2013-2017 American Community Survey five-year estimates. The webinar will show participants how to access the data and compare geographies and statistics over time. Embargo subscribers will have access to these statistics beginning Dec….
FHFA: Progress Update on the Single Security Initiative and Common Securitization Platform for Uniform Mortgage-Backed Securities
The Federal Housing Finance Agency (FHFA) today published An Update on the Single Security Initiative (SSI) and the Common Securitization Platform (CSP) detailing activity and progress on the development of the CSP and toward the launch of a single, common security called the Uniform Mortgage-Backed Security (UMBS). Fannie Mae and Freddie Mac (the Enterprises) and…
ABA: Free Career Training for Veterans, Transitioning Military Members and Military Spouses Unveiled
As the nation honors veterans this week for their service to the country, the American Bankers Association is launching a new training initiative designed to make it easier for those who serve to make the transition to banking. Today ABA released Transitioning Careers – Basic Bank Training for Veterans, a free, online training program specifically…