Industry News – September 17, 2021

R3 Score Announces Partnership with Baltimore Development Corporation Through the partnership, R2 Score will test the efficacy of its platform in helping lenders understand alternative metrics around consumers with below Prime credit scores, irrespective of their...

Industry News – September 2, 2021

NCUA’s Streamlined CDFI Application to Open September 12 To qualify, low-income-designated credit unions must register in the NCUA’s CyberGrants system and complete an online participation form. The application will close on October 15. Source: NCUA CDFI Fund...

Industry News – August 26, 2021

Wells Fargo Delivers Mentorship for 500 Women-owned Businesses; Grants to Over 90 Nonprofits Wells Fargo announced a new wave of support for entrepreneurs including an initiative focused on mentoring 500 women-owned businesses called Connect to More℠, and a second...

Industry News – August 19, 2021

SBA Loans to African American Businesses Decrease 35% The American Bankers Association noted that SBA 7(a) lending was “dwarfed by the SBA’s own PPP efforts.” However, the 2020 decline in SBA 7(a) loans to Black-owned businesses also isn’t a...

Industry News – August 12, 2021

Former AEO Board Member Bill Bynum Featured in the University of North Carolina Alumni Review The University of North Carolina (UNC) Alumni Review recently celebrated Bynum’s pioneering work as the Founder of Hope Credit Union and a key player in the economic...