FDIC: Small Business Lending Survey Initiated
The Federal Deposit Insurance Corporation (FDIC) today announced the launch of a survey of banks regarding their small business lending practices. The web-based survey of roughly 2,000 randomly selected FDIC-insured banks will begin in late June and will be administered by the U.S. Census Bureau on behalf of the FDIC. The Small Business Lending Survey…
findCRA Announces New Partnership with the Financial Counseling Association of America
findCRA, a Louisville-based online platform focused on social impact and community reinvestment, announced today that they have partnered with the Financial Counseling Association of America (FCAA). FCAA is the largest national association representing both non-profit and for profit financial counseling companies that provide consumer credit counseling, housing counseling, student loan counseling, bankruptcy counseling, debt management and…
FDIC: Report Shows Mobile Banking Can Help Underserved Consumers
Mobile banking can help underserved consumers obtain more control over their finances and increase access to mainstream banking, according to a Federal Deposit Insurance Corporation (FDIC) report released today. The report was released at a meeting of the FDIC’s Advisory Committee on Economic Inclusion (ComE-IN), which focused on Mobile Financial Services (MFS). The paper, Opportunities for…