CRA Newswire

FDIC: Resources for Small Businesses During National Small Business Week

The Federal Deposit Insurance Corporation (FDIC) today highlighted the agency’s resources to help small businesses get the most from their banking relationships. The information is being emphasized to coincide with National Small Business Week, May 1-7. Small businesses employ roughly half of all Americans and account for more than 60 percent of net new jobs,…

OCC: CRA Evaluations for 24 National Banks and Federal Savings Associations Released

WASHINGTON — The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of April 1, 2016 through April 30, 2016. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received…

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in February 2016. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

ABA: The Grandparent Scam – What You Need To Know

May is ‘Older Americans Month’ WASHINGTON — Every year thousands of seniors fall victim to impersonation scams. According to the Federal Trade Commission, between 2012 and 2014, consumers reported more than $42 million in losses from scams involving the impersonation of family members and friends. These scams, commonly known as the “grandparent scam,” is a…

ABA: Foundation Community Commitment Awards Call for Entries

Deadline for entries is July 1 WASHINGTON — The American Bankers Association’s Foundation is requesting submissions for its annual Community Commitment Awards to recognize banks’ essential involvement in their communities. The awards will honor innovative, high impact contributions banks make to the customers and communities they serve. The entry period will extend to July 1. “Receiving a…