DOCSLIB.ORG

CDFI and CDBA Institutions Offering the Intrafism Network Depositssm DDA-MMDA Offering

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
CDFI and CDBA Institutions Offering the Intrafism Network Depositssm DDA-MMDA Offering CDFI and CDBA institutions offering the IntraFiSM Network DepositsSM DDA-MMDA offering ALABAMA FNBC Bank Community Bank of the Bay 636 Ash Flat Drive 180 Grand Avenue, Suite 120 Merchants & Farmers Bank of P.O. Box 8 Oakland, CA 94612 Green County Ash Flat, AR 72513 [510] 433-5415 251 Prairie Avenue [870] 994-2311 www.communitybankbay.com Eutaw, AL 35462 www.fnbc.us [205] 372-3311 First Choice Bank www.mfbusa.com Partners Bank 17785 Center Court Drive, Suite 750 302 Cherry Street Cerritos, CA 90703 Robertson Banking Company Helena, AR 72342 [562] 345-9092 216 North Walnut Street [870] 338-6451 www.firstchoicebankca.com Demopolis, AL 36732 www.partnersbnk.com [334] 289-3564 First General Bank www.robertsonbanking.com Southern Bancorp Bank 19036 Colima Road 601 Main Street Rowland Heights, CA 91748 United Bank Arkadelphia, AR 71923 [626] 820-1234 200 East Nashville Avenue [501] 850-8996 www.firstgeneralbank.com Atmore, AL 36502 www.banksouthern.com [251] 446-6000 Mission National Bank www.unitedbank.com 3060 16th Street CALIFORNIA San Francisco, CA 94103 West Alabama Bank & Trust American Plus Bank, N.A. [415] 694-5908 509 1st Avenue West 630 West Duarte Road www.mnbsf.com Reform, AL 35481-4602 Arcadia, CA 91007 Royal Business Bank [205] 375-6261 [626] 821-9188 www.wabt.com 1055 Wilshire Boulevard, Suite 1200 www.bankaplus.com Los Angeles, CA 90017 [213] 627-9888 ARKANSAS Beneficial State Bank 1438 Webster Street, Suite 100 www.royalbusinessbankusa.com Bank of Lake Village Oakland, CA 94612 201 Main Street [510] 550-8403 COLORADO Lake Village, AR 71653 www.beneficialstatebank.com [870] 265-7242 First Southwest Bank www.bankoflakevillage.com Broadway Federal Bank, f.s.b. 720 Main Street 5055 Wilshire Boulevard, Suite 100 P.O. Box 1139 First NaturalState Bank Los Angeles, CA 90036 Alamosa, C0 81101 500 North 2nd Street [323] 556-3222 [719] 587-4200 Mcgehee, AR 71654 www.broadwayfederalbank.com www.fswb.com [870] 222-3880 www.fnbmcgehee.com IntraFi, Network Deposits, and the IntraFi logo are service marks, and ICS is a registered service mark, of IntraFi Network LLC. 1300 N. 17th Street, Suite 1800 | Arlington, VA 22209 | (866) 776-6426 | www.intrafi.com 1 Native American Bank, N.A. KANSAS Liberty Bank and Trust 201 North Broadway Company Denver, C0 80203 CBW Bank 3002 Gentilly Boulevard [303] 988-2727 109 East Main Street New Orleans, LA 70122 www.nabna.com Weir, KS 66781 [504] 240-5100 [620] 396-8221 www.libertybank.net CONNECTICUT www.cbwbank.com Winnsboro State Bank & Trust New Haven Bank LOUISIANA Company 299 Whalley Avenue 3875 Front Street New Haven, CT 06511 Bank of St. Francisville Winnsboro, LA 71295 [203] 772-1426 5700 Commerce Street [318] 435-7535 www.newhavenbank.com St. Francisville, LA 70775 www.winnsborobank.com [225] 784-3236 DISTRICT OF COLUMBIA www.bsf.net MASSACHUSETTS City First Bank of D.C., N.A. Caldwell Bank & Trust OneUnited Bank 1432 U Street, NW Company 100 Franklin Street, Suite 600 Washington, DC 20009 202 Main Street Boston, MA 02110 [202] 243-7100 Columbia, LA 71418-1749 [617] 457-4415 www.cityfirstbank.com [318] 649-2351 www.oneunited.com www.caldwellbankandtrust.com Industrial Bank 4812 Georgia Avenue, NW Citizens Progressive Bank MICHIGAN Washington, DC 20011 3540 Front Street Winnsboro, LA 71295 First Independence Bank [202] 722-2000 7310 Woodward Avenue www.industrial-bank.com [318] 649-6136 www.cpbonline.com Suite 101 Detroit, MI 48202 GEORGIA Commercial Capital Bank [313] 256-8423 Citizens Trust Bank 311 Broadway www.firstindependence.com 230 Peachtree Street, Suite 2700 Delhi, LA 71232-2939 Atlanta, GA 30303 [318] 878-2274 MINNESOTA [404] 575-8221 www.comcapbank.com Sunrise Banks www.ctbconnect.com Cross Keys Bank 2525 Wabash Avenue 307 Plank Road ILLINOIS St. Paul, MN 55114 P.O. Box 7 [651] 265-5600 First Eagle Bank Saint Joseph, LA 71366-6660 www.sunrisebanks.com 1201 West Madison Street [318] 766-3246 www.ckbonline.com Chicago, IL 60607 MISSISSIPPI [630] 893-2125 Delta Bank www.febank.com 1617 Carter Street Bank of Anguilla Vidalia, LA 71373-0930 130 Holland Street International Bank of Anguilla, MS 38721-9754 Chicago [318] 336-5257 www.deltabk.com [662] 873-4346 5069 North Broadway Avenue www.bankofanguilla.com Chicago, IL 60640 Homeland Federal Savings [708] 410-2899 Bank Bank of Brookhaven www.inbk.com 7840 Highway 165 411 Brookway Blvd. Brookhaven, MS 39601 Pan American Bank & Trust Columbia, LA 71418-9219 [318] 649-6124 [601] 835-3033 1440 West North Avenue www.bankofbrookhaven.com Melrose Park, IL 60160 www.homelandfsbank.com [708] 273-8116 www.panamerbank.com 1300 N. 17th Street, Suite 1800 | Arlington, VA 22209 | (866) 776-6426 | www.intrafi.com 2 Bank of Commerce Magnolia State Bank Century Bank of the Ozarks 310 Howard Street 28 Hwy 528 P.O. Box 68 Greenwood, MS 38930 P.O. Box 508 Gainsville, MO 65655 [662] 459-0123 Bay Springs, MS 39422 [417] 679-3321 www.bankcom.com [601] 764-2265 www.cbozarks.com www.themagnoliastatebank.com BankFirst Financial Services Legacy Bank & Trust 900 Main Street Merchants and Planters Company Columbus, MS 39701 Bank 175 Johnstown Drive [662] 328-2345 308 Raymond Square Rogersville, MO 65742 www.bankfirstfs.com Raymond, MS 39154-9778 [417] 753-4343 [601] 857-8046 www.legacybankandtrust.com BankPlus www.mpbank.net 202 East Jackson NEW YORK Belzoni, MS 39038 Oxford University Bank [601] 898-8300 2301 West Jackson Avenue Ponce Bank www.bankplus.net Oxford, MS 38655 2244 Westchester Avenue [662] 234-0622 New York, NY 10462 Copiah Bank www.oubol.com [718] 931-9000 101 Caldwell Drive www.poncebank.com Hazlehurst, MS 39083 Peoples Bank [601] 894-2831 160 East Maud Avenue Quontic Bank, FSB www.copiahbank.com Mendenhall, MS 39114 1 Rockefeller Plaza, 9th Floor [601] 847-2210 New York, NY 10020 First Bank www.peoplesbank-ms.com [516] 570-5200 100 South Broadway Street www.quonticbank.com McComb, MS 39648 Pike National Bank [601] 684-2231 350 Rawls Drive Savoy Bank www.firstbankms.com McComb, MS 39648 600 Fifth Avenue, 17th Floor [601] 684-7575 New York, NY 10020 First Security Bank www.pnb-ms.net [646] 775-4000 295 Highway Six www.banksavoy.com West Batesville, MS 38606 PriorityOne Bank [662] 563-9311 220 Main Avenue North Spring Bank www.firstsecuritybk.com Magee, MS 39111 69 East 167th Street [601] 849-3311 Bronx, NY 10452-8206 FNB Oxford Bank www.priorityonebank.com [718] 879-5024 101 Courthouse Square www.springbankny.com Oxford, MS 38655 The First, A National Banking [662] 234-2821 Association www.fnboxford.com 6480 U.S. Hwy 98 West NORTH CAROLINA Hattiesburg, MS 39402 Mechanics & Farmers Bank Great Southern Bank [601] 268-8998 116 West Parrish Street 218 22nd Avenue South www.thefirstbank.com Durham, NC 27702 Meridian, MS 39301 [919] 683-1521 [601] 693-5141 www.mfbonline.com www.gsnb.com MISSOURI Guaranty Bank and Trust Central Bank of Kansas City 210 North Hayden Street 2301 Independence Boulevard Belzoni, MS 39038 Kansas City, MO 64124 [662] 247-5122 [816] 483-1210 www.gbtonline.com www.centralbankkc.com 1300 N. 17th Street, Suite 1800 | Arlington, VA 22209 | (866) 776-6426 | www.intrafi.com 3 OKLAHOMA TEXAS Bank of Cherokee County Freedom Bank 110 East Main Street 902 East Riley Hulbert, OK 74441 Freer, TX 78357 [918] 458-1223 [361] 394-6141 www.bankofcherokeecounty.net www.freedombanktexas.com Chickasaw Community Bank Texas National Bank 909 South Meridian Avenue 201 South Texas Avenue Oklahoma City, OK 73108 Mercedes, TX 78570 [405] 946-2265 [855] 862-1920 www.ccb.bank www.texasnational.com Security State Bank of Oklahoma VIRGINIA 210 South Mekusukey Virginia Community Capital Wewoka, OK 74884 (VCC Bank) [405] 257-5411 110 Peppers Ferry Road, NW www.ssbok.net Christiansburg, VA 24073 [540] 260-3126 SOUTH CAROLINA www.vacommunitycapital.org Optus Bank 1545 Sumter Street WISCONSIN Columbia, SC 29201 Bay Bank [803] 733-8100 2555 Packerland Drive www.optus.bank Green Bay, WI 54313 [920] 490-7600 Security Federal Bank 1665 Richland Avenue www.baybankgb.com Aiken, SC 29801 [803] 641-3070 www.securityfederalbank.com TENNESSEE Security Bank and Trust Company 210 W Washington Street Paris, TN 38242 [731] 642-6644 www.securitybanktn.com Tri-State Bank of Memphis 4606 Elvis Presley Memphis, TN 38116 [901] 525-0384 www.tristatebank.com 1300 N. 17th Street, Suite 1800 | Arlington, VA 22209 | (866) 776-6426 | www.intrafi.com 4 1120.
Load more

Recommended publications
  • Most Corrupt: Representative Maxine Waters
    MOST CORRUPT: REPRESENTATIVE MAXINE WATERS Representative Maxine Waters (D-CA) is an eleven-term member of Congress, representing California’s 35th congressional district. She is a senior member of the House Financial Services Committee. Rep. Waters’ ethics issues stem from a meeting she arranged between officials at the Department of Treasury and OneUnited Bank, a bank with which she has financial ties. In August 2010, an investigative subcommittee of the House Ethics Committee issued a Statement of Alleged Violation charging Rep. Waters with three counts of violating House rules and ethics regulations in connection with her actions regarding OneUnited. Later that year, however, the committee indefinitely postponed a scheduled ethics trial, citing the discovery of new evidence.1 In addition, news reports raised other questions about the conduct of the committee and its investigators during the Waters investigation, prompting an internal investigation that is still ongoing.2 Rep. Waters was included in CREW’s 2005 and 2006 congressional corruption reports for unrelated matters, and in CREW’s 2009 congressional corruption report for her actions regarding OneUnited.3 Intervention Between OneUnited and Treasury Officials Rep. Waters has close financial ties to OneUnited Bank, one of the largest black-owned banks in the country.4 In March 2004, she and her husband, Sidney Williams, each separately bought OneUnited stock worth between $250,001 and $500,000.5 Additionally, Mr. Williams maintained separate holdings at OneUnited worth between $250,001 and $500,000. In September 2004, Rep. Waters sold her stock in OneUnited, and her husband sold a portion of his 1 Due to serious questions about the actions of House Ethics Committee staff members involved in the Waters investigation, CREW in July 2011 called for an investigation of the House Ethics Committee and said there can be no confidence in the committee’s August 2010 Statement of Alleged Violation.
    [Show full text]
  • Community Development Bank City State ABC Bank CHICAGO IL Albina Community Bank PORTLAND OR American Metro Bank CHICAGO IL Aztec
    Community Development Bank City State ABC Bank CHICAGO IL Albina Community Bank PORTLAND OR American Metro Bank CHICAGO IL AztecAmerica Bank BERWYN IL Bank 2 OKLAHOMA CITY OK Bank of Cherokee County, Inc. TAHLEQUAH OK Bank of Kilmichael KILMICHAEL MS Bank of Okolona OKOLONA MS BankFirst Financial Services MACON MS BankPlus RIDGELAND MS Broadway Federal Bank LOS ANGELES CA Capitol City Bank & Trust Company ATLANTA GA Carver Federal Savings Bank NEW YORK NY Carver State Bank SAVANNAH GA Central Bank of Kansas City KANSAS CITY MO Citizens Bank of Weir WEIR KS Citizens Savings Bank and Trust Company NASHVILLE TN Citizens Trust Bank ATLANTA GA City First Bank of D.C., N.A. WASHINGTON DC City National Bank of New Jersey NEWARK NJ Commercial Capital Bank DEHLI LA Commonwealth National Bank MOBILE AL Community Bank of the Bay OAKLAND CA Community Capital Bank of Virginia CHRISTIANSBURG VA Community Commerce Bank CLAREMONT CA Edgebrook Bank CHICAGO IL First American International Bank BROOKLYN NY First Choice Bank CERRITOS CA First Eagle Bank CHICAGO IL First Independence Bank DETROIT MI First National Bank of Decatur County BAINBRIDGE GA First Security Bank BATESVILLE MS First Tuskegee Bank MONTGOMERY AL Fort Gibson State Bank FORT GIBSON OK Gateway Bank Federal Savings Bank OAKLAND CA Guaranty Bank & Trust BELZONI MS Harbor Bank of Maryland BALTIMORE MD Illinois Service Federal Savings and Loan Association CHICAGO IL Industrial Bank WASHINGTON DC International Bank of Chicago STONE PARK IL Liberty Bank and Trust Company NEW ORLEANS LA Magnolia State Bank BAY SPRINGS MS Mechanics and Farmers Bank DURHAM NC Merchants & Planters Bank RAYMOND MS Metro Bank LOUISVILLE KY Current as of 12-15-2013 Source: CDFI Fund Community Development Bank City State Mission Valley Bank SUN VALLEY CA Mitchell Bank MILWAUKEE WI Native American Bank, N.A.
    [Show full text]
  • FDIC 08-294B
    FEDERAL DEPOSIT INSURANCE CORPORATION WASHINGTON, D.C. and THE COMMONWEALTH OF MASSACHUSETTS DIVISION OF BANKS _______________________________ ) In the Matter of: ) ) ONEUNITED BANK ) ORDER TO CEASE AND DESIST BOSTON, MASSACHUSETTS ) ) FDIC-08-294b (INSURED STATE NONMEMBER BANK) ) ) OneUnited Bank, Boston, Massachusetts ("Bank") and its institution-affiliated parties, as that term is defined in section 3(u) of the Federal Deposit Insurance Act (“Act”), 12 U.S.C. § 1813(u), and its successors and assignees having been advised of its right to a Notice of Charges and of Hearing detailing the unsafe or unsound banking practices and violations of law alleged to have been committed by the Bank and of its right to a hearing on such alleged charges under section 8(b)(1) of the Act, and having waived those rights, entered into a STIPULATION AND CONSENT TO THE ISSUANCE OF AN ORDER TO CEASE AND DESIST ("CONSENT AGREEMENT") with counsel for the Federal Deposit Insurance Corporation ("FDIC") and the Commonwealth of Massachusetts Division of Banks (“Division”), dated October , 2008, whereby solely for the purpose of this proceeding and without admitting or denying any unsafe or unsound banking practices or violations of law, the Bank consented to the issuance of an ORDER TO CEASE AND DESIST ("ORDER") by the FDIC and the Division. The FDIC and the Division considered the matter and determined that it had reason to believe that the Bank had engaged in unsafe or unsound banking practices and violations of law. The FDIC and the Division, therefore, accepted the CONSENT AGREEMENT and issued the following: ORDER TO CEASE AND DESIST IT IS HEREBY ORDERED that the Bank and its institution- affiliated parties, and its successors and assigns, cease and desist from the following unsafe or unsound banking practices and violations of law: a.
    [Show full text]
  • Community Reinvestment Act Performance Evaluation
    PUBLIC DISCLOSURE October 18, 2016 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION OneUnited Bank Certificate Number: 23966 100 Franklin Street, Suite 600 Boston, Massachusetts 02110 Division of Banks Federal Deposit Insurance Corporation 1000 Washington Street, 10th Floor 350 Fifth Avenue, Suite 1200 Boston, Massachusetts 02118 New York, New York 10118 This document is an evaluation of this institution’s record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods, consistent with safe and sound operation of the institution. This evaluation is not, nor should it be construed as, an assessment of the financial condition of this institution. The rating assigned to this institution does not represent an analysis, conclusion, or opinion of the Division of Banks or the Federal Deposit Insurance Corporation concerning the safety and soundness of this financial institution. TABLE OF CONTENTS Institution Rating .............................................................................................................................1 Scope of Evaluation .........................................................................................................................2 Description of Institution .................................................................................................................5 Description of Assessment Area ......................................................................................................6 Conclusions on Performance Criteria ..............................................................................................9
    [Show full text]
  • Post-Gazette 4-24-09.Pmd
    VOL. 113 - NO. 17 BOSTON, MASSACHUSETTS, APRIL 24, 2009 $.30 A COPY Boston Takes Part in Boston Mayor Thomas Menino Seeks Re-election On Wednesday, April 22, Menino seeks to earn a fifth TEA PARTY REVOLUTION 2009, Mayor of Boston term as Mayor of Boston. Thomas Menino officially Earning the reputation of announced his candidacy an “urban mechanic” he for Mayor of Boston. Mayor stressed his belief that gov- Menino joins Michael F. ernment is about helping Flaherty, Sam Yoon and people. Menino’s campaign South End businessman motto is “Moving Boston Kevin McCrea in the may- Forward.” oral race. Announcing his For further information, candidacy after serving six- vist the Mayor’s website at teen years in office, Mayor www.MayorMenino.com. Paul Revere Rides into History On April 20, 2009, Patriot’s Day in Boston is also known as Marathon Monday, but for many it is a tradition of the rides of Paul Revere and Wil- liam Dawes that has been re- enacted for the 232nd time. The parade begam at Boston City Hall and marched through the streets of the North End. A ceremony was Former North Enders and current Stoneham residents held on Hanover Street in Ricky Colarusso with his mother Caroline Colarusso took front of St. Stephen’s Church. part in the Boston “Tea Party” protests at Christopher Mayor Thomas Menino Columbus Park in Boston’s North End. kicked off the ride by hand- ing over the scroll to “Paul Tax Day brought many pro- enough already” and threw Revere” who then rode tests around the country.
    [Show full text]
  • APPENDIXA I11THCONGRESS } REVIEW No
    APPENDIXA I11THCONGRESS } REVIEW No. 1st Session HOUSE OF REPRESENTATIVES { 09-2121 OFFICE OF CONGRESSIONAL ETHICS UNITED STATES HOUSE OF REPRESENTATIVES Report and Findings Transmitted to the Committee on Standards of Official Conduct on August 6, 2009 and released publicly pursuant to H. Res. 895 of the HOth Congress as amended August 2009 111THCONGRESS } REVIEW No. HOUSE OF REPRESENTATIVES 1st Session { 09-2121 OFFICE OF CONGRESSIONAL ETHICS UNITED STATES HOUSE OF REPRESENTATIVES Report and Findings Transmitted to the Comn1ittee on Standards of Offic.ial Conduci on August 6, 2009 and released publicly pursuant to H. Res. 895 of the 110th Congl'ess as amended August 2009 U.S. GOVERNMENT PRINTllfG OFFICJlj 51-610 WASHINGTON: 2009 OFFICE OF CONGRESSIONAL ETHICS BOARD Ul\ITED STATES HOUSE OF REPRESENTATIVES ONE HUNDRI')D ELEVENTH CONGRESS DAVID SKAGGS, Chair PORTER GOSS, Co·Clwir YVONNE BURKE KAREN ENGLISH ALLISON HAYVI' ARD JAY EAGEN WILLIAM FRENZEL ABNER MIKVA Leo .r. Wi.se, Chif{ COIJ.1u:w1 & Staff Director Omar Ashmawy, Inve.stigative. Crm1UII,l (J[) REPORT Review No. 09-2121 The Board of the Office of Congressional Ethics (hereafter "the Board"), by a vote of no less than four members, on July 24, 2009, adopted the following report and ordered it to be transmitted to the Committee on Standards of Official Conduct of the United States House of Representatives. SUBJECT: Representative Maxine Waters NATURE OF THE ALLEGED VIOLATION: Representative Max­ ine Waters made a request in September 2008 to then Treasury Secretary Henry Paulson that Treasury Department officials meet with representatives from the National Bankers Association. A meeting was in fact granted shortly thereafter.
    [Show full text]
  • Audit Report
    Audit Report OIG-11-091 Awards to OneUnited Bank Were Consistent With Requirements But Certain Aspects of CDFI Fund Program Administration Need to be Revisited August 3, 2011 Office of Inspector General DEPARTMENT OF THE TREASURY Contents Audit Report Results in Brief ................................................................................................ 2 Findings… ....................................................................................................... 4 The CDFI Fund’s Awards and Assistance to OneUnited Complied With Applicable Laws, Regulations, and Policies and Procedures………………. 4 Policies and Procedures Are Needed for Assessing Regulatory Enforcement Actions When Considering BEA Program Applications……………………………. 5 Qualified Activity for the BEA Program Needs Clarification …………………………. 8 The CDFI Fund Needs to Ensure Applicants Comply With Requirements…………. 10 Equity Investment Policy Does Not Provide for an Exit Strategy…………………… 11 Recommendations ............................................................................................ 12 Appendices Appendix 1: Objectives, Scope, and Methodology………………………………… 17 Appendix 2: Background……………………………………………………………….. 21 Appendix 3: Annual CDFI Fund Program Results……………………….…………. 23 Appendix 4: Management Response…………………………………………………. 24 Appendix 5: Major Contributors to This Report……………………………….…… 30 Appendix 6: Report Distribution................................................................ 31 Abbreviations BEA Bank Enterprise Award CDFI Community Development Financial
    [Show full text]
  • January 30 2013 Report to C
    MISSION SIGTARP’s mission is to advance economic stability by promoting the efficiency and effectiveness of TARP management, through transparency, through coordinated oversight, and through robust enforcement against those, whether inside or outside of Government, who waste, steal or abuse TARP funds. STATUTORY AUTHORITY SIGTARP was established by Section 121 of the Emergency Economic Stabilization Act of 2008 (“EESA”), as amended by the Special Inspector General for the Troubled Asset Relief Program Act of 2009 (“SIGTARP Act”). Under EESA and the SIGTARP Act, the Special Inspector General has the duty, among other things, to conduct, supervise and coordinate audits and investigations of any actions taken under the Troubled Asset Relief Program (“TARP”) or as deemed appropriate by the Special Inspector General. In carrying out those duties, SIGTARP has the authority set forth in Section 6 of the Inspector General Act of 1978, including the power to issue subpoenas. Office of the Special Inspector General for the Troubled Asset Relief Program General Telephone: 202.622.1419 Hotline: 877.SIG.2009 [email protected] www.SIGTARP.gov CONTENTS Executive Summary 3 Oversight Activities of SIGTARP 8 SIGTARP Recommendations 11 Report Organization 11 Section 1 THE OFFICE OF THE SPECIAL INSPECTOR GENERAL FOR THE TROUBLED ASSET RELIEF PROGRAM 13 SIGTARP Creation and Statutory Authority 15 SIGTARP Oversight Activities Since the October 2012 Quarterly Report 15 The SIGTARP Organization 33 Section 2 TARP OVERVIEW 35 TARP Funds Update 37 Financial Overview
    [Show full text]
  • Eight Smart Ways to Use Found Money
    FIRST QUARTER 2005 Vol.3, Issue 1 Insights A Quarterly Customer Newsletter Eight Smart Ways to Use Found Money Whether you receive cash for gifts, a bonus or a tax refund, consider these suggestions to help get the most from unexpected money. 1. Pay yourself first: Put a portion of the money in your emergency fund, general savings or retirement account. Over time, compounding A Message from returns can turn small amounts our Chairman into big savings. Plus, you may be able to pay cash for big- Greetings from OneUnited ticket items in the future. Bank. We are pleased to pro- vide you with Insights, our 2. Pay off high-interest quarterly customer newsletter. debt: Being debt-free not Through our newsletters we only frees funds to put continue to share our progress toward savings and current in serving the banking needs expenses, it may also help of urban communities and to improve your mental health. provide ideas that may help you achieve financial security. 3. Update your home: New landscaping, another As we look forward to a bathroom or other home successful 2005, we want to improvements can add value thank you for supporting our to your home and make liv- accomplishments in 2004. ing there even more pleasant. • OneUnited Bank had a the loan. And once you have 7. Give it away: Send some record year! We originated 4. Open a college savings 20% equity in the value of extra cash to your favorite more than $150 million in plan: A Coverdell Education your home, you can cancel charity or help a struggling new mortgages with over Savings Account or 529 plan private mortgage insurance.
    [Show full text]
  • 1 July 10, 2017 the Honorable Melvin L. Watt Director Constitution Center
    July 10, 2017 The Honorable Melvin L. Watt Director Constitution Center 400 7th Street, SW Washington, D.C. 20219 RE: Fannie Mae and Freddie Mac Duty-to-Serve Plans Dear Director Watt: On behalf of the members of the Community Development Bankers Association (CDBA), we respectfully submit the enclosed comments on the Proposed Underserved Market Plans of Fannie Mae and Freddie Mac (“Enterprises”) under the Duty to Serve requirements of Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Housing and Economic Recovery Act of 2008. CDBA is the national trade association of banks and thrifts with a primary mission of promoting community development. There are currently 139 banks and 87 bank holding companies with the US Treasury Department’s certified Community Development Financial Institutions (CDFI) designation – which means at least 60% of total lending, services and other activities must serve Low- and Moderate- Income (LMI) communities. CDFI banks work in impoverished urban neighborhoods and remote rural areas with declining economic bases. The urban, rural and Native American communities CDFI banks serve are among those that have experienced the most acutely stagnant or declining economies characterized by high unemployment and poverty, lack of real opportunity for residents, and widening inequality with the rest of the nation. I. CDFI Partnerships We recommend that Fannie Mae and Freddie Mac embrace partnerships with CDFI banks as a central element of their Duty-to-Serve strategies. Lack of decent, affordable housing is a key challenge faced by many residents of communities served by CDFI banks. CDFI banks are on the front-line of addressing the need for affordable housing in the types of markets -- including the high needs rural regions of the Lower Mississippi Delta, Middle Appalachia, Colonias, Native American, and rural Persistent Poverty census tracts -- that are the focus of the Underserved Market Plans.
    [Show full text]
  • List of Awardees
    List of Awardees CDFI Fund • 601 Thirteenth Street, NW, Suite 200, South, Washington, DC 20005 • (202) 622-8662 8 FY 2010 BEA Award List Awardee City State Total Award Austin Bank of Chicago Chicago IL $600,000 Bank 2 Oklahoma City OK $600,000 Bank of Ohio County Inc Beaver Dam KY $15,000 Bank of Tokyo-Mitsubishi Trust Company New York NY $480,000 Broadway Federal Bank Los Angeles CA $600,000 CapitalSource Bank Los Angeles CA $600,000 Carolina First Bank Columbia SC $300,000 Carver Federal Savings Bank New York NY $375,950 Citizens Trust Bank Atlanta GA $600,000 City First Bank of D.C., N.A. Washington DC $600,000 City National Bank of New Jersey Newark NJ $600,000 Columbia Savings Bank Cincinnati OH $96,000 Commonwealth Community Bank Hartford KY $15,000 Community Bank of the Bay Oakland CA $600,000 Community Capital Bank of Virginia Christiansburg VA $600,000 Community Trust Bank Choudrant LA $124,357 Covenant Bank Chicago IL $600,000 Dupont State Bank North Vernon IN $15,000 Eclipse Bank, Inc. Louisville KY $15,000 Edgebrook Bank Chicago IL $275,228 First American International Bank Brooklyn NY $600,000 First Bank Huntington Beach CA $359,869 First Eagle Bank Hanover Park IL $69,909 First Farmers Bank & Trust Co Owenton KY $9,000 CDFI Fund • 601 Thirteenth Street, NW, Suite 200, South, Washington, DC 20005 • (202) 622-8662 9 Awardee City State Total Award First Federal Savings Bank Elizabethtown KY $15,000 First Independence Bank Detroit MI $131,080 First Security Bank & Trust, McLean Island KY $15,000 First State Financial Inc.
    [Show full text]
  • Check Your Credit Report, Free of Charge
    SECOND QUARTER 2005 Vol.3, Issue 2 Insights A Quarterly Customer Newsletter Check Your Credit Report, Free of Charge A new federal law allows you a free, once-a-year look at your credit report so you can check for errors before they cause financial trouble. Since your credit history affects every- thing from your purchasing power to your ability to get a reasonable loan rate or land a job, it’s important to keep your report as clean as possible. It pays to check your credit Consumers have been paying report and request the correc- up to $9 per credit report A Message from tion of errors before you’re from Equifax, Experian and our Chairman wrongly denied credit or have TransUnion, the three major to spend valuable time clear- credit reporting agencies. Now Greetings from OneUnited ing up your credit. Your you can request a free copy Bank. We are pleased to pro- report could be flawed with from each credit reporting vide you with Insights, our false accounts, late payments agency once every 12 months quarterly customer newsletter. or other delinquencies due to through the Annual Credit Through our newsletters, we identity theft or information Report Request Service. The share our progress as we mix-ups. Even if your report new rule has been imple- serve the banking needs of is clean, it may be helpful to mented gradually in states Residents of California have urban communities and pro- learn your credit score, espe- across the country, beginning had free access to their credit vide ideas that may help you cially if you’re shopping for a in December 2004 with report through the Annual achieve financial security.
    [Show full text]