Industry News

CDFI Fund: Public Meeting of CDFI Fund’s Advisory Board to Be Held in D.C. on November 16th

The Community Development Financial Institutions Fund (CDFI Fund) is convening a meeting of the Community Development Advisory Board (the Advisory Board) from 9:00 a.m. to 3:30 p.m. Eastern Standard Time on Thursday, November 16, 2017. The Advisory Board meeting will be held in the Cash Room at the U.S. Department of the Treasury located at…

ABA: Officers, Board Elected for 2017-2018

Members attending the American Bankers Association’s annual convention in Chicago, have elected new ABA officers and directors to serve on ABA’s board for the 2017–2018 association year. The new officers are: CHAIRMAN:  Kenneth L. Burgess, Jr., chairman, FirstCapital Bank of Texas, Midland, Texas; CHAIRMAN-ELECT: Jeffrey M. Szyperski, chairman, president and CEO, Chesapeake Bank, Kilmarnock, Va.;…

FDIC: Advisory Committee on Economic Inclusion to Meet on October 18th

The Federal Deposit Insurance Corporation (FDIC) Advisory Committee on Economic Inclusion (ComE-IN) will meet on Wednesday, October 18 to discuss economic inclusion for persons with disabilities, provide updates on efforts to expand access to Safe transaction accounts, present research related to neighborhood access to bank branches, and discuss the results of a 2016 FDIC survey…

OCC: Updated List of Permissible Activities for National Banks and Federal Savings Associations Released

The Office of the Comptroller of the Currency (OCC) today released an updated list of permissible activities for national banks and federal savings associations. The publication titled, Activities Permissible for National Banks and Federal Savings Associations, Cumulative, updates the list of permissible activities to reflect applicable precedent for national banks, streamlines certain entries for readability,…

FDIC: 7th Annual Consumer Research Symposium Held in Arlington, Virginia on October 13th

The Federal Deposit Insurance Corporation (FDIC) will sponsor the 7th Annual Consumer Research Symposium on October 13, 2017. The conference will feature welcoming remarks by FDIC Chairman Martin J. Gruenberg, presentations of selected research papers, and a Keynote Address by Dr. Christopher Herbert, Managing Director of the Joint Center for Housing Studies of Harvard University….

FDIC: Upcoming Banker Teleconference on HMDA 2018 Implementation

Printable Format: FIL-47-2017 – PDF (PDF Help) Summary: The FDIC will discuss implementation of the 2015 Home Mortgage Disclosure Act Final Rule regarding requirements that become effective beginning in 2018. A teleconference is scheduled for Thursday, October 26, 2017, from 1:30 p.m. to 3:00 p.m. Eastern Time. Advance registration is required. The Federal Deposit Insurance…

SBA: 2017 Finalists Named For InnovateHER Business Challenge For Innovations That Empower Women’s Lives

10 Visionary Entrepreneurs Will Take Part in Pitch Competition Before an Expert Panel of Judges Administrator Linda McMahon, the head of the U.S. Small Business Administration, today announced the 2017 finalists of the SBA’s InnovateHER Business Challenge, the nationwide competition highlighting innovative products, services or technology developed by visionary entrepreneurs that have a measurable impact…

ABA: Banks Accepting Entries for ABA Foundation’s Lights, Camera, Save! Video Contest

Local banks sponsor teen competition ​WASHINGTON — Banks nationwide are now accepting entries as a part of the American Bankers Association Foundation’s annual Lights, Camera, Save! video contest. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management. Through Lights, Camera, Save!, teen participants…

CDFI Fund: FY 2017 Funding Round Of BEA Program Open

Today the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2017 application round for the Bank Enterprise Award Program (BEA Program). Application materials are now available on the BEA Program page of the CDFI Fund’s website in anticipation the publication of the FY 2017 Notice of…

SBA: Office Rolls Out New Lender Match Tool To Connect Small Businesses And Lenders

Administrator Linda McMahon, head of the U.S. Small Business Administration, today announced the launch of Lender Match, the SBA’s online referral tool connecting small business borrowers with participating SBA lenders.  Lender Match is an upgrade to LINC (Leveraging Information and Networks to access Capital), introduced as a pilot in 2015. “The SBA’s mission to help…