ABA: 2024 Diversity, Equity and Inclusion Award Winners Announced
The American Bankers Association honored the winners of its 2024 ABA Diversity, Equity and Inclusion awards today at the association’s virtual 2024 DEI Summit, cohosted with Virginia Bankers Association and Maryland Bankers Association. These awards recognize ABA member banks for their internal-facing programs, leadership and activities focused on improving diversity, equity and inclusion within their workplace. “We are…
SBA: Cyber Prize Competition Winner Selected
Delaware SBDC To Receive $350K for Outstanding Leadership in Cybersecurity Planning for Small Businesses Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, announced(Link is external) (video) that the Delaware Small Business Development Center (SBDC) has been selected to receive a $350,000 prize to…
SBA: Application Window Opens for Lenders to Fill Gaps in Credit Markets
Nonbank Licenses Will Enable SBA Loan Guarantees to Spur Lending in Underserved Communities and for Green Investments Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, opened applications for non-traditional lenders to secure an SBA Small Business Lending Company (SBLC)…
ABA: Wisconsin Banker and Local Marketing President Receive Top Ag Banking Awards
The American Bankers Association today announced the recipients of its annual Bruning and Blanchfield Awards, the association’s premier awards presented for significant contributions to agricultural banking. ABA will honor Dave Coggins, retired senior vice president of ag banking at Nicolet National Bank based in Green Bay, Wis. with the Bruning Award and Carroll Merry, president…
CDFI Fund: Updated Guidance and New Deadline Released for Early Submission of CDFI Certification Application
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released a revised Community Development Financial Institution (CDFI) Certification Application Frequently Asked Questions (FAQs) document, Pre-Approved Target Market Assessment Methodology guidance, and an adjusted CDFI Certification Application timeline today. The FAQs and guidance supersede those published December 07, 2023, by adding, revising,…
CDFI Fund: President Biden Announces Members of the CDFI Fund’s Advisory Board Communities
Today, President Joe Biden announced the private citizens who will serve on the Community Development Advisory Board (the Advisory Board), a 15-person federal advisory committee to the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund). The function of the Advisory Board is to advise the CDFI Fund’s Director on the policies regarding the activities and…
SBA: FTC Chair and SBA Administrator to Hold Fireside Chat on September 12th
Federal Regulations Promote Fair Competition and Aim to Benefit Small Businesses Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 34 million small businesses, and Federal Trade Commission Chair Lina Khan(Link is external), head of the U.S. Federal Trade Commission (FTC), will meet for a fireside chat…
OCC: Minority Depository Institutions Advisory Committee Meeting Scheduled for September 24th
The Office of the Comptroller of the Currency (OCC) today announced it will host a public meeting of the Minority Depository Institutions Advisory Committee (MDIAC) on Tuesday, September 24, 2024. The meeting, which will be hosted in person and virtually, is open to the public and will begin at 8:30 a.m. Eastern Daylight Time (EDT)….
ABA: Foundation Encourages Banks to Host “Lights, Camera, Save!” Video Contest
The American Bankers Association Foundation is urging banks across the country to participate in its upcoming 14th annual Lights, Camera, Save! video competition that runs from Oct.1 to Dec.1. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management. The competition is one of the ABA…
SBA: Veterans Small Business Advisory Committees to Host Public Quarterly Meetings on September 10th and 12th
Today, the U.S. Small Business Administration (SBA) announced that the upcoming quarterly public meetings for the Interagency Task Force (IATF) on Veterans Small Business Development and the Advisory Committee on Veterans Business Affairs (ACVBA) will be held on Sept. 10 and 12, respectively. “The grit that defines veterans’ commitment to our nation makes them ideally suited for…