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Plans to Expand Credit Union Authority Criticized by ABA

Plans to Expand Credit Union Authority Criticized by ABA

The association objected a bill proposed with the intention to increase credit union memberships
Northwestern Mutual Announces $100M Impact Fund

Northwestern Mutual Announces $100M Impact Fund

Fund will direct investments to Black and African American communities as part of Northwestern Mutual’s work on diversity, equity and inclusion
How PNC’s Inaugural Social Bond Aims to Benefit Underserved Communities

How PNC’s Inaugural Social Bond Aims to Benefit Underserved Communities

The $700 million issue is co-managed by firms run by people of colour, women or service-disabled veterans
SEC Greenlights Nasdaq Diversity Disclosure Proposal

SEC Greenlights Nasdaq Diversity Disclosure Proposal

Listed companies will soon have to publish the diversity breakdown of their boards
Multilingual Digital Banking App Restart Makes Its Debut In the US

Multilingual Digital Banking App Restart Makes Its Debut In the US

Digital banking app will help address unbanked and underbanked population in the US
US Regulators to Review Community Reinvestment Act

US Regulators to Review Community Reinvestment Act

Regulators aim to strengthen and modernise community reinvestment act
OCC Expands Project REACh Financial Inclusion Work

OCC Expands Project REACh Financial Inclusion Work

Fifth Third Bank has become the latest to join the project, it announced this week
Bank On Initiative Hits Landmark as Coverage Grows

Bank On Initiative Hits Landmark as Coverage Grows

40% of US bank branches now provide access to a Bank On certified account
FDIC Opens ‘Tech Sprint’ to Serve Unbanked Population

FDIC Opens ‘Tech Sprint’ to Serve Unbanked Population

First-of-its-kind competition challenges organisations to identify resources and tools for unbanked people across the US
Scale Up Smaller Banks to Address Inequity, Says Milken

Scale Up Smaller Banks to Address Inequity, Says Milken

Think tank research details how corporations, financials, non-profits and governments can leverage mission-focused lenders to help underbanked communities
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