OCC: Comptroller of the Currency Discusses Revitalizing Communities
LOS ANGELES — Comptroller of the Currency Thomas J. Curry today discussed efforts to help revitalize communities and highlighted how community members can voice their concerns. Remarks came during a speech before the 2016 National Interagency Community Reinvestment Conference. Related Links: Remarks (PDF) Comptroller of the Currency Thomas J. Curry
CDFI Fund: Application Demand for 2015 Round of NMTC Program Released
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that it received a total of 238 applications under the 2015 round of the New Markets Tax Credit Program (NMTC Program). The NMTC Program encourages economic development in low-income and distressed communities by making tax credits available to Community Development…
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…
ABA: Interactive Map of Bank CSR Efforts Launched
The ABA Foundation, ABA’s 501(c)(3) nonprofit affiliate, is today unveiling a new online tool to showcase banks’ corporate social responsibility programs. Building on entries in ABA’s Community Commitment Awards since 2012, the interactive map can be searched by state, category and bank asset size. The map can be used by members of the media and…
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
ABA: Call for Entries for ABA Community Commitment Awards
Deadline for entries is July 1, 2015 WASHINGTON — The American Bankers Association’s Community Engagement 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…
Federal Reserve: Accepting Statements of Interest for the Community Advisory Council
The Federal Reserve Board on Monday announced that it is accepting Statements of Interest from individuals who wish to be considered for membership on the Community Advisory Council (CAC). The formation of the CAC was announced in January. The council will advise the Board on issues affecting consumers and communities and will complement two of the Board’s…
FDIC: New Members for Advisory Council on Community Banking Announced
The Federal Deposit Insurance Corporation (FDIC) today announced the selection of seven new members for its Advisory Committee on Community Banking, which has been providing advice and recommendations to the FDIC on a broad range of community bank policy and regulatory matters since it was established in 2009. The Advisory Committee members represent a cross-section…
Federal Reserve: Formation of Community Advisory Council Announced
The Federal Reserve Board on Friday announced the formation of a new advisory council that will be comprised of individuals with consumer- and community development-related expertise. The Community Advisory Council (CAC) will provide information, advice, and recommendations to the Board on a wide range of relevant policy matters and emerging issues of interest. The CAC…