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The Senate Banking Committee is scheduled to meet tomorrow for a subcommittee hearing on community development financial institutions.
CDFI Hearing: Scheduled for 2:30 p.m. (Eastern time) tomorrow, Oct. 17, the Housing, Transportation, and Community Development Subcommittee hearing will spotlight how community development financial institutions promote housing and economic opportunity.
Nomination Meeting: The full committee will meet separately on Thursday to consider several nominations, including Jennifer Fain for FDIC inspector general and Tanya Otsuka to be a National Credit Union Administration board member.
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Community bankers have for years warned of the expansion of credit union powers, but Navy Federal Credit Union’s new “Community Bank” brand indicates credit unions recognize they’ve gone too far, ICBA President and CEO Rebeca Romero Rainey wrote in a recent LinkedIn post.
ImageOct 16, 2023
The ICBA National Campaign Toolkit features numerous assets for community banks and state partners, including customizable audio ads.
ImageOct 16, 2023
The Community Bankers Association of Kansas recently endorsed CRA Partners as a means to help reduce incidents of crime in area nursing homes, while offering banks the opportunity to earn CRA credit. CRA Partners is a subsidiary of the Independent Community Bankers of America (ICBA).
ImageOct 16, 2023
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