CFPB: Financial Well-Being Initiative Targeted to People with Disabilities Launched
ROADS to Financial Independence Initiative Will Pilot in Six Communities Nationwide WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) is announcing the launch of the Reach Outcomes. Achieve Dreams. Succeed. (ROADS) to Financial Independence initiative, which is aimed at improving the financial well-being and economic security of individuals with disabilities. The initiative, which is piloting with…
ABA: Celebrating Housing Choices, American Housing Month
WASHINGTON — The American Bankers Association and bankers across the country are celebrating American Housing Month throughout June. In the coming month, ABA will provide consumers with information on how to gauge whether the time is right to buy a home, what they need to know to select a reputable lender, how to obtain the…
Federal Reserve: Report on the Economic Well-Being of U.S. Households
The Federal Reserve Board’s latest survey of the financial and economic conditions of American households released Wednesday finds that individuals’ overall perceptions of financial well-being improved modestly between 2013 and 2014 but their optimism about future financial prospects increased significantly. The 2014 Survey of Household Economics and Decisionmaking, provides new insight into Americans’ economic security, housing and…
ABA: 6 Financial Traps New College Graduates Should Avoid
WASHINGTON — As college students across the nation graduate and start their careers, financial responsibility should be a top priority, says the American Bankers Association. The organization has identified six traps that could hinder new college graduates from securing their financial future. “College graduates can make their future even brighter with an early focus on…
ABA: 7 Financial Tips for Military Families
ABA commemorates Memorial Day with tips for servicemembers WASHINGTON — As we honor our fallen military heroes this Memorial Day, we are reminded of the many sacrifices servicemembers and their families make to protect our nation. The American Bankers Association has highlighted seven financial tips to help make the lives of military families a little easier….
CFPB: Financial Coaching Initiative Launched
Program Targets Transitioning Veterans and Economically Vulnerable Consumers WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) is launching its Financial Coaching Initiative, targeting recently-transitioned veterans and economically vulnerable consumers to help them with their financial goals. The program places 60 certified financial coaches at organizations around the country to provide individualized educational services. “Having…
OCC: Comptroller of the Currency Thomas Curry Discusses CRA and Small Business Lending
WASHINGTON — Comptroller of the Currency Thomas J. Curry today discussed how the Community Reinvestment Act can help spur small business lending. Mr. Curry made his remarks before the 2015 State Small Business Credit Initiative Conference. Related Links Remarks (PDF) Comptroller of the Currency Thomas J. Curry
CDFI Fund: Update for FY 2015 BEA Program Applicants
The CDFI Fund has updated two fiscal year (FY) 2015 Bank Enterprise Award Program (BEA Program) application documents. The revised versions of the “FY 2015 Application and Instructions” and “Certification 4” documents are now available on the CDFI Fund’s website at www.cdfifund.gov/bea and on the Grants.gov website at www.grants.gov. The documents have been changed to eliminate instructions which…