#CommunityLending
Credit unions are lifelines for underserved communities, and their tax status is vital for ensuring access to essential financial services like small-business loans and mortgages.

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#US #CitizenPortal #FinancialAccess #CommunityLending #UnderservedCommunities
Witness says credit unions are essential and their tax status "has to be protected"
A speaker argued that credit unions provide critical financial services in underserved areas and urged protection of their tax status, citing impacts on small-business lending, mortgages and car loans; no specific statutory citations or sponsors were provided in the transcript.
citizenportal.ai
September 20, 2026 at 3:28 PM
Critics are calling out post-crisis banking regulations for failing small community banks while leading to some of the largest bank failures in U.S. history.

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#US #CitizenPortal #CommunityLending #BankingReform #RegulatoryBurden #AshevilleBanks
U.S. host criticizes post-crisis rules, cites bank failures and renewed chartering
Speakers at the Asheville ministerial criticized post‑crisis supervision and Dodd‑Frank, cited three large bank failures in 2023, and said de novo bank charter activity is rising as part of a push to ease regulatory burdens for community banks.
citizenportal.ai
September 3, 2026 at 11:07 AM
The House has just passed a groundbreaking housing reform bill that promises to tackle the nation's housing crisis with bipartisan support and innovative solutions!

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#US #TenantProtection #CitizenPortal #CommunityLending
House approves 21st Century Road to Housing Act after lengthy bipartisan debate
The House voted to concur in the Senate amendment to H.R.6644, the 21st Century Road to Housing Act, after extended bipartisan debate on June 23, 2026; the package combines housing‑supply reforms, tenant protections and banking changes aimed at expanding affordable housing.
citizenportal.ai
June 27, 2026 at 11:32 AM
HUD Secretary Scott Turner announces groundbreaking executive orders aimed at slashing construction barriers and boosting mortgage access for first-time homebuyers—transforming the housing market as we know it!

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#US #CitizenPortal #CommunityLending #RegulatoryReform
HUD Secretary Scott Turner says executive orders aim to ease construction rules and expand mortgage access
On the NYSE trading floor during National Home Ownership Month, HUD Secretary Scott Turner said two executive orders are intended to reduce regulatory barriers to building and increase mortgage credit for first-time buyers; he cited FHA activity and an upcoming change to accepted credit scores.
citizenportal.ai
June 10, 2026 at 8:58 AM
A heated debate unfolds as a House subcommittee weighs the future of U.S. bank capital rules, balancing safety and access to credit for small businesses and homeowners.

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#US #CommunityLending #USBanking #FinancialStability #EconomicTradeoffs #CitizenPortal
House subcommittee hears witnesses on 'rightsizing' U.S. bank capital framework amid debate over competitiveness and community lending
A House Financial Services subcommittee hearing reviewed proposals to recalibrate U.S. bank capital rules, with industry witnesses urging data‑driven tailoring to avoid harming small businesses and community banks and academics warning of systemic risks if capital is weakened.
citizenportal.ai
December 17, 2025 at 1:51 PM
The big banks aren't the only game in town.

The trend is moving toward relationship-based lending where some funders look at your character and impact, not just a FICO score.

Have you ever applied to a CDFI or local credit union? Share your experience below.

#FinancialInclusion #CommunityLending
March 17, 2026 at 4:04 PM
Vermont's H.648 could revolutionize bank governance by allowing boards to meet just four times a year, but will it compromise depositor protection?

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#VT #CommunityLending #RegulatoryReform #VermontBanking #FinancialGovernance #CitizenPortal
Committee reviews H.648 edits to bank governance and loan-approval rules
DFR staff told the House Commerce & Economic Development Committee that H.648 reduces routine board meeting frequency for banks, requires written loan policies to set board-approval thresholds (replacing a 10% capital rule), and clarifies loan-attribution tests and a corporate-group cap to ease lending for development projects.
citizenportal.ai
January 23, 2026 at 1:45 AM
The Bank of North Dakota grew business lending 35% between 2007-2009, expanding credit in the exact months every private lender sprinted for the exits. A shock absorber that lends hardest when the weather turns worst. #FinancialCrisis #CommunityLending #CounterCyclical
America's reddest state runs a socialist bank
North Dakota votes Republican by margins that make the word landslide sound timid, treats "government overreach" roughly the way other states treat arson, and has owned and operated its own bank since 1919, 3 facts that are supposed to cancel each other out and stubbornly refuse to, because the Bank
readuncut.com
June 5, 2026 at 11:52 PM
House Bill 344 could reshape how volunteer fire departments access funds, igniting a fierce debate between bankers and community leaders over financial fairness and operational efficiency.

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#AL #CommunityLending #PublicSafety
Public hearing on HB344 splits bankers and volunteer fire departments over credit union access to public deposits
A public hearing on House Bill 344 drew bankers warning of competitive and tax issues if credit unions can accept volunteer fire department public deposits, while volunteer firefighters and local officials said the bill addresses convenience, recruitment and small savings. The chair carried the bill over for later consideration.
citizenportal.ai
February 7, 2026 at 12:16 AM