Search Results for: Community Bank

Bank of America Introduces Community Affordable Loan Solution to Expand Homeownership Opportunities in Black/African American
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Bank of America Introduces Community Affordable Loan Solution to Expand Homeownership Opportunities in Black/African American

Fintech News Desk
Zero down payment, zero closing cost mortgage advances efforts to broaden access to homeownership and adds to its existing $15 billion Community Homeownership Commitment   Bank of America announced a new zero down payment, zero closing cost mortgage solution for first-time homebuyers, which will be available in designated markets, including certain Black/African......
Valley Bank and The Community Preservation Corporation Commit Up to $100 Million to Finance ESG Loans Focused on Sustainability
Banking Finance News

Valley Bank and The Community Preservation Corporation Commit Up to $100 Million to Finance ESG Loans Focused on Sustainability

Fintech News Desk
The relationship will support commercial real estate financing for new construction tied to ESG principles. Partners announce first ESG loan closing for Net Zero Energy, multifamily project in Geneva, NY. Valley National Bank announced a new partnership with The Community Preservation Corporation (CPC) to fund up to $100 million in permanent loans that......
Federal Home Loan Bank of Chicago Supports Small Businesses Through New Community First Accelerate Grants and Increased Investment in 0% Advances
Banking News

Federal Home Loan Bank of Chicago Supports Small Businesses Through New Community First Accelerate Grants and Increased Investment in 0% Advances

Fintech News Desk
The Federal Home Loan Bank of Chicago (FHLBank Chicago) announced two programs focused on supporting small business in Illinois and Wisconsin. The new Community First Accelerate Grants for Small Business and Community Small Business Advance recognize that local businesses drive growth and economic investment in rural, urban, and small town communities. In 2022,......
Ceres Calls on Federal Banking Regulators to Strengthen Racial and Climate Equity in the Community Reinvestment Act
Banking News

Ceres Calls on Federal Banking Regulators to Strengthen Racial and Climate Equity in the Community Reinvestment Act

Fintech News Desk
Ceres submitted comments to the Fed, the FDIC, and the OCC urging the agencies to modernize the Community Reinvestment Act (CRA) by explicitly incorporating racial equity and strengthening environmental and climate provisions. This NPR represents the most significant changes to the CRA regulations in over 20 years. Latest Fintech News: Citizens......
PNC Bank Launches Community Advisory Council With 17 New Members Appointed
Banking News

PNC Bank Launches Community Advisory Council With 17 New Members Appointed

Fintech News Desk
Community Leaders Selected to Help Steer Bank’s $88 Billion Community Benefits Plan PNC Bank announced the formation of a new national Community Advisory Council (CAC) with the appointment of 17 members, who will provide ongoing guidance for the Bank’s community lending, investment, and service efforts in support of PNC’s four-year Community Benefits Plan.......
Flushing Bank Hosts Ribbon Cutting Ceremony at New Elmhurst Branch and Announces Community Scholarship for NYC Kids RISE
Banking News

Flushing Bank Hosts Ribbon Cutting Ceremony at New Elmhurst Branch and Announces Community Scholarship for NYC Kids RISE

Fintech News Desk
Flushing Financial Corporation the parent holding company for Flushing Bank (the “Bank”), hosted a ribbon cutting ceremony at its new branch located at 85-15 Queens Boulevard, Elmhurst, NY and announced grants to support two New York City nonprofit organizations. The event was well attended by local government and school officials......
Great Plains Bank Finances Local Community Resurgence with Jack Henry
Fintech News

Great Plains Bank Finances Local Community Resurgence with Jack Henry

Fintech News Desk
Historic bank boosts post-Covid economy, supporting ongoing financial health with business cash flow tool Jack Henry & Associates, Inc announced that $1 billion-asset Great Plains National Bank has been leveraging Jack Henry’s accounts receivable (A/R) financing program, BusinessManager, to create additional revenue opportunities for local businesses and assist with post-pandemic recovery. BusinessManager helps financial institutions......
Citizens Bank Awards Grants to 30 ‘Small Business Community Champions’ for Creating Jobs
Business Fintech News

Citizens Bank Awards Grants to 30 ‘Small Business Community Champions’ for Creating Jobs

Citizens Bank announced its Fifth Annual Small Business Community Champion Award winners, drawn from nearly 11,000 entries that described how businesses would utilize the grants to further build their enterprise, bring valuable products and services to customers and strengthen the communities in which they operate. Drawing from a pool of......
Engageware Launches ‘Engage with Bankers’ Community for Financial Institutions
Banking Fintech News

Engageware Launches ‘Engage with Bankers’ Community for Financial Institutions

Fintech News Desk
New forum is a strategic resource for banking professionals to share industry best practices, collaborate and network Engageware, the industry-leading provider of customer engagement solutions, announced, Engage with Bankers, a new community-driven forum that enables the exchange of ideas, resources and best practices for customer engagement for mid-tier financial institutions......
Cadence Bank and NCRC Announce $20.7 Billion Community Benefits Plan
Banking Lending News

Cadence Bank and NCRC Announce $20.7 Billion Community Benefits Plan

Fintech News Desk
Cadence Bank announced its 2022-2026 Community Benefits Plan—developed in collaboration with the National Community Reinvestment Coalition (NCRC)—building on its longstanding commitment to support traditionally underserved communities, including low- and moderate-income (LMI) neighborhoods, people of color, and small businesses. The $20.7 billion five-year plan includes provision for mortgage lending, small business lending,......
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