Federal Bank Agencies Assist Community Development after Hurricane Maria

A press release by the Federal Deposit Insurance Corporation reveals that federal bank regulatory agencies will give “favorable consideration” to disaster areas affected by Hurricane Maria, predominantly located outside of the U.S. Virgin Islands and Puerto Rico. This will be carried out under Community Reinvestment Act (CRA) regulations, which encourage financial institutions to assist community development and local credit needs.

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Free SBA HUBZone Webinars for Small Businesses

SmallBuzFlowers

From February to mid-March, the U.S. Small Business Administration will offer small businesses a free six-part, webinar series to help them utilize its Historically Underutilized Business (HUB) Zone Program. Each webinar will include an hour of important tips on how businesses can grow their bottom line by making the most of their available resources.

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