Federal Reserve: Community Advisory Council Members Announced
The Federal Reserve Board on Tuesday announced the members of its newly created Community Advisory Council (CAC). The CAC is composed of individuals with consumer- and community development-related expertise who will provide information, advice, and recommendations to the Board on a wide range of relevant policy matters and emerging issues of interest. The fifteen members…
CFPB: Financial Education Curriculum Review Tool Released
Resource Will Help Guide Educators Looking to Select Appropriate Financial Education Material for Students WASHINGTON, D.C – Today the Consumer Financial Protection Bureau (CFPB) is releasing a tool that educators can use when selecting financial education curriculum for students. The curriculum review tool will help educators identify effective and unbiased material to increase the financial capability…
ABA: Celebrate Financial Education, “Get Smart About Credit Day”
Bankers visit classrooms across country on Oct. 15 to teach credit education WASHINGTON — Bankers across the country are celebrating the American Bankers Association Foundation’s Get Smart About Credit Day today by visiting high school classrooms to teach teens how to use credit effectively and other financial lessons. Get Smart About Credit Day, celebrated annually on the…
ABA: Six Banks Honored with Community Commitment Award
WASHINGTON — The American Bankers Association has recognized six banks for their noteworthy corporate social responsibility with a 2015 ABA Community Commitment Award. The awards, sponsored by the ABA Foundation, were given to banks for their endeavors in categories ranging from affordable housing to community and economic development. Winners will be presented with their award at ABA’s…
CDFI Fund: Contractor Selected for NMTC Program Workshop and Technical Assistance Training
The Community Development Financial Institutions Fund (CDFI Fund) has selected a contractor to provide group training and individual technical assistance to certified Community Development Entities (CDEs) that meet the CDFI Fund’s definition of a Minority CDE. The training will inform Minority CDEs on how they can participate in the New Markets Tax Credit Program (NMTC…
FDIC: Money Smart Program Updated for Individuals with Visual Disabilities
The Federal Deposit Insurance Corporation (FDIC) today announced two new resources tailored to meet the financial education needs of individuals with visual disabilities. The FDIC’s 11-module instructor-led Money Smart curriculum for adults is available in Braille and Large Print. Its format permits an instructor to use the printed version of the Instructor Guide, while the students can…
CDFI Fund: Treasury Guarantees $327 Million in Bond Funding to Low-Income Communities
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that an additional nine bond loans, totaling $327 million, were guaranteed in fiscal year (FY) 2015, bringing the total guaranteed to date to $852 million. All of the bond proceeds, provided through the Community Development Financial Institutions Bond Guarantee Program…
CDFI Fund: AMIS Is Here!
The CDFI Fund’s Awards Management Information System (AMIS) is now available! AMIS is an enterprise-wide business system that will replace the myCDFIFund portal. AMIS is a modern platform that will eventually support all CDFI Fund programs through each phase of the programs’ life cycle, including certification, program awards and allocations, data analysis, and reporting. The…