News

| Wednesday, December 19, 2012

cdbanewsflash_-_low_rez_for_email

December 19, 2012
 


Member News

Virginia Community Capital Finishes 2012 Strong with 3 Grants
Virginia Community Capital
(12-10-12)

Virginia Community Capital has received three national grants this past month to support its work in low-income communities and bolster ongoing job creation efforts. A $415,000 grant from the 2012 Bank Enterprise Award Program (BEA), offered through the U.S. Department of Treasury's Community Development Financial Institution Fund, will provide leverage for a wide range of projects across Virginia. This is VCC's fourth consecutive BEA award. $32,750 from the Create Jobs for USA Fund, a collaboration between Starbucks and the Opportunity Finance Network to spark job creation nationally, will combine with first round funding secured in 2011. $20,000 from the Wells Fargo NEXT Awards Program, supporting innovative CDFIs, will provide planning grant funds for the Healthy Foods initiative at VCC. "These grants increase our capacity to provide funding and technical advisory services for low-income communities across Virginia," offered Jane Henderson, VCC President and CEO. "We are especially pleased to see national organizations recognize our efforts and the importance of fellow CDFIs."

 

Of Interest

2011 FDIC Survey of Banks’ Efforts to Serve the Unbanked and Underbanked Released
FDIC
(12-19-12) 

This report presents the results of the 2011 FDIC Survey of Banks’ Efforts to...

| Thursday, December 13, 2012

cdbanewsflash_-_low_rez_for_email

December 13, 2012


Member News

Governor Andrew Cuomo Names Tax-Code Panel
Gannett New York Network

(12-11-12) A year after it was first unveiled, a panel tasked with brainstorming long-term fixes for New York’s tax code is beginning to take shape.
Former state Comptroller Carl McCall and Peter Solomon, the founder of New York City-based investment advisory firm Peter J. Solomon Company, have been tapped by Gov. Andrew Cuomo to co-chair the New York State Tax Reform and Fairness Commission, according to a list obtained by Gannett’s Albany Bureau. The commission was formed as part of a December 2011 deal to tweak the state’s tax brackets, an agreement that came while Cuomo and the Legislature were under pressure to prevent an added tax on the state’s top earners from expiring at the end of the year. That deal included a new bracket for those making more than $2 million annually, which expires at the end of 2014. Cuomo named ten people to the panel, including Deborah Wright, President and CEO of Carver Bancorp Inc. and Carver Federal Savings Bank.

“Three Michaels: A Berkeley Conversation”
Berkeleyside

(12-10-12) Authors Michael Chabon, Michael Lewis, and Michael Pollan appeared at the Berkeley Rep in “The Three Michaels: A Berkeley Conversation,”  to help enable the creation in Oakland of a tutoring and creative writing center for East Bay youth, dedicated to supporting students with their writing skills and to helping teachers inspire their students to write. Berkeleyside’s “Three Michaels: A Berkeley Conversation” is being supported by One PacificCoast Bank, founded in 2007 by Tom Steyer and Kat Taylor “to be a force for good,” according to Taylor who is the bank’s CEO.  “We want to be a model for how banks should operate, as it’s clear many banks have been responsible for unholy damage,” Taylor says, citing the mortgage crisis and the destruction of rain forests as examples.

Southern Bancorp Mission News
Southern Bancorp

(12-7-12) While...

| Wednesday, December 5, 2012

cdbanewsflash_-_low_rez_for_email

December 5, 2012


Member News

Mission Valley Bank’s New Generation of Online & eBanking Services
Mission Valley Bank

(12-4-12) Through client surveys, interviews and day to day conversations, Mission Valley Bank has heard what its customers want to see with regard to Online and eBanking. In response, Mission Valley Bank is launching a whole new look and feel for a much more robust Online Banking Platform. This new lineup of state-of-the-art eBanking services which significant enhancements to: oneline banking for personal and small business accounts, business bill pay, personal bill pay, on-site teller, and business online banking. Learn more about the new eBanking Services by viewing the informative videos on Mission Valley Bank's website.

Chicago Fed Announces New Board Members
Fox Business

(12-3-12) The Federal Reserve Bank of Chicago announced three new members and the appointment of a new chair of its Board of Directors in a press release Monday night. Greg Brown, Chairman and Chief Executive of Motorola Solutions Inc.; Jorge Ramirez, President of the Chicago Federation of Labor in Chicago, and William M. Farrow III, President and CEO of Urban Partnership Bank in Chicago, were announced as new members to the nine-person board. The appointments are effective January 1.


Of Interest

Warren, Manchin Win Seats on Senate Banking Panel
American Banker

(12-4-12) Senator-elect Elizabeth Warren has secured a spot on the Senate Banking Committee, and she'll be joined by Sen. Joe Manchin, according to a Democratic Senate aide...

CDBA member Carver Federal Savings Bank seeks a passionate and dedicated CRA officer and social impact manager. This position is responsible for monitoring, promoting and reporting on the bank's social impact. This role's critical responsibilities include implementing and administering the bank's Community Reinvestment Act program, assisting with social impact reporting and assisting with the design, planning and execution of community development partnerships and activities.

CDBA member One PacificCoast Bank seeks a commercial lending relationship manager. As clients' primary contact with the bank, the relationship manager must understand and articulate the mission of One PacificCoast Bank  to clients, prospects and community members. This position is responsible for day-to-day client relationships and business development efforts in order to meet individual performance goals and achieve the bank’s growth objectives. The relationship manager reports to the chief lending officer.

Nonprofit organization Neighborhood Housing Services of Chicago seeks a director of lending services responsible for leading the overall mortgage lending efforts of its CDFI affiliate Neighborhood Lending Services, Inc. The director of lending services develops sales production goals, assigns target sales objectives for the various mortgage loan products and meets production goals.

CDFI consulting agency FUND Consulting is looking for a consultant to serve as project manager for annual service package clients and discrete projects. This role participates in the development and implementation of project plans and represents the company at external functions. The ideal candidate will have CDFI experience, a bachelors degree, and possess excellent writing, communications and organizational abilities.

Broadway Federal Bank seeks a loan review credit analyst to perform loan reviews of credits held it in the bank’s commercial lending portfolio. The loan review process will focus on assessing credit quality and will require an understanding of and familiarity with multifamily real estate lending, financial statements and tax returns.

The Federal Reserve Bank of Boston seeks a senior community development analyst to coordinate outreach and implementation of the Working Cities Challenge in Massachusetts. This position works with community development organizations to design and implement future rounds of the challenge and support teams with coaching, technical assistance and capacity building. This role engages in a variety of relationship-building activities, including hosting meetings, conferences and trainings.

CDBA member Carver Federal Savings Bank has several open positions.

Chief Compliance Officer

The chief compliance officer is responsible for establishing and maintaining the bank’s compliance program. In addition, this position will provide strategic advice on the bank's regulatory and compliance environment, technical guidance on specific compliance matters and supervision of compliance staff.

Senior Director of Technology

The senior director of technology provides overall vision, leadership and hands-on support for developing and implementing technology initiatives and solutions. This position will be accountable for technology vision and leadership, technology management and line of business support.

Fraud Prevention Officer

The fraud prevention officer is responsible for developing, implementing and administering all aspects of the bank's fraud prevention programs. This position acts as a liaison between bank personnel and law enforcement authorities when responding to fraudulent or other criminal activity.

Pages