CRA

Texas Capital and FHLB Dallas Celebrate the Opening of Senior Living Apartment Homes Helped by $750K in Funding

Retrieved on: 
Friday, November 17, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Banking, Capital Bank, Recreation, FHLB, Multimedia, Investment, AHP, Federal Home Loan Banks, Texas Capital Bank, Health, Rehabilitation, Housing, Mitchell–Lama Housing Program, COVID, CRA, Interior design

Local real estate developers, community partners and residents celebrated the grand opening of Cowan Place Senior Living (Cowan Place).

Key Points: 
  • Local real estate developers, community partners and residents celebrated the grand opening of Cowan Place Senior Living (Cowan Place).
  • It was built with the assistance of a $750,000 Affordable Housing Program (AHP) subsidy provided by the Federal Home Loan Bank of Dallas (FHLB Dallas) through one of its members, Texas Capital Bank (Texas Capital) in the Stop Six neighborhood of Fort Worth, Texas.
  • View the full release here: https://www.businesswire.com/news/home/20231117702197/en/
    Alex Fitzgerald and Melanie Dill of FHLB Dallas, Worley Barker and Michelle George of Texas Capital Bank and Mary-Margaret Lemons of Fort Worth Housing Solutions celebrate the opening of Cowan Place Senior Living in Fort Worth, Texas.
  • “We could not have finished this project without the money provided by the Federal Home Loan Bank of Dallas and Texas Capital as a partner.

Wolters Kluwer names winner of its 2023 Community Impact Award

Retrieved on: 
Thursday, November 16, 2023
Finance, Consulting, Banking, Accounting, Professional Services, Sale, Acquisition, Creativity, Investment, Stock, City, PCF, School, Partnership, Housing, Parent, American Dream, Education, CRA, Renewable energy, J. Willard Marriott

Wolters Kluwer Compliance Solutions has named Massachusetts-based Bristol County Savings Bank (BCSB) the winner of its 2023 Community Impact Award.

Key Points: 
  • Wolters Kluwer Compliance Solutions has named Massachusetts-based Bristol County Savings Bank (BCSB) the winner of its 2023 Community Impact Award.
  • The Community Impact Award stands as a testament to the innovation and unwavering commitment shown by institutions in their work with underserved communities.
  • Award winners demonstrate the creativity, impact, and economic sustainability of their community reinvestment programs.
  • The Community Impact Award is sponsored by Banzai Inc. , which provides financial literacy education at no cost for schools, parents, sponsors, and businesses.

Wolters Kluwer Names the Winner of Its 2023 Excellence in Data Analytics Award

Retrieved on: 
Wednesday, November 15, 2023
Technology, Finance, Fintech, Consulting, Banking, Accounting, Professional Services, Software, Data Analytics, Data Management, Eye, Deborah DeHaas, Senior, Risk management, Love, Investment, JW Marriott Panama, Small business, Chief, Community Reinvestment Act, Community, Axos Bank, Data collection, Wiz, Wolters Kluwer, MUFG Union Bank, JW Marriott Hotels, Small Business Administration, CT Corporation, Knowledge, Wolters, FCC, CRA, Financial services

The award recognizes a banking professional who excels in leveraging data to help foster transformative change in fair lending and community reinvestment compliance.

Key Points: 
  • The award recognizes a banking professional who excels in leveraging data to help foster transformative change in fair lending and community reinvestment compliance.
  • “Manuel uses creative ways to obtain and analyze information, pairing his knowledge and love for math with the Wiz tools to represent data in maps and reporting.
  • “On behalf of Wolters Kluwer, I am delighted to recognize Manuel’s dedication and contributions to data analytics through this award.”
    The Data Analytics Award is sponsored by Solomon Hess Capital Management , an investment management firm that provides investors with Community Reinvestment-eligible, Small Business Administration-focused investment opportunities.
  • Wolters Kluwer Compliance Solutions is a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. banks, credit unions, insurers and securities firms.

Wolters Kluwer launches Small Biz Wiz® for lending data collection requirements

Retrieved on: 
Monday, November 13, 2023
Consulting, Data Management, Banking, Accounting, Technology, Professional Services, Small Business, Data Analytics, Software, Fintech, Finance, Equal Credit Opportunity Act, Risk management, Consumer, Consumer Financial Protection Bureau, Collection, Exercise, Small business, Home Mortgage Disclosure Act, Data collection, Home, Community, Software as a service, Growth, HMDA, CT Corporation, CFPB, Wolters, FCC, CRA, Financial adviser, Wiz

Wolters Kluwer Compliance Solutions has launched Small Biz Wiz® , a system designed to support new requirements in the collection, reporting and analysis of small business lending data.

Key Points: 
  • Wolters Kluwer Compliance Solutions has launched Small Biz Wiz® , a system designed to support new requirements in the collection, reporting and analysis of small business lending data.
  • Small Biz Wiz is a significant addition to Wolters Kluwer’s suite of Wiz technology applications, providing financial institutions a powerful new analytics tool for their small business lending portfolio.
  • The solution is built on Wolters Kluwer’s award-winning CRA Wiz® SaaS and HMDA Wiz® platform, enabling an easy-to-use technology that integrates into a financial institution’s data collection processes.
  • Wolters Kluwer officials describe the data collection requirements as not just an exercise in gathering and reporting on their small business lending activities, but a key part of the 2010 Dodd-Frank Act focused on promoting fair lending practices.

Tax Tip - Get a head start on your taxes by using the CRA's digital services

Retrieved on: 
Thursday, December 14, 2023
NOA, Canada Revenue Agency, IDS, Marital status, File, Fraud, Express, Tax, NETFILE, Income tax, Calendar, CRA, Multi, Online shopping

Many of us put off filing our income tax and benefit returns until the last minute or avoid filing altogether.

Key Points: 
  • Many of us put off filing our income tax and benefit returns until the last minute or avoid filing altogether.
  • You can avoid stress by getting ready early and using our digital services !
  • When you file your tax return, you could reduce the amount of tax you owe by claiming deductions, credits, and expenses .
  • Signing in before tax-filing season may help you avoid delays when it comes to accessing My Account and using our secure digital services in certified tax software.

BMO Earns "Outstanding" Rating for its Community Reinvestment Act Performance

Retrieved on: 
Tuesday, December 12, 2023
Comptroller, Acquisition, Investment, Organization, Bank, BMO, EMPOWER, Student Investment Advisory Service, Bank of the West, PPP, LMI, OCC, Community Reinvestment Act, Purpose, Community, Housing, Growth, Good, Life, CRA, Economic development

CHICAGO, Dec. 12, 2023 /PRNewswire/ - BMO today announced it has received an overall rating of Outstanding from the Office of the Comptroller of the Currency (OCC) for its Community Reinvestment Act (CRA) Performance Evaluation.

Key Points: 
  • CHICAGO, Dec. 12, 2023 /PRNewswire/ - BMO today announced it has received an overall rating of Outstanding from the Office of the Comptroller of the Currency (OCC) for its Community Reinvestment Act (CRA) Performance Evaluation.
  • Over the past 10 years, fewer than 10 percent of banks received a CRA rating of Outstanding, the highest possible rating.
  • This is the third consecutive time BMO has earned an Outstanding rating in the evaluation.
  • We will continue to prioritize community reinvestment, working closely with our local partners and stakeholders, driving progress for a more equitable future."

Mesirow Institutional Sales and Trading Hires Bob Djorup as Part of Ongoing Growth Strategy

Retrieved on: 
Tuesday, December 12, 2023
CTL, Public finance, ABS, MBS, Real estate, CRA, Bank, CMBS, Fixed income, Capital market, Growth, Investment management, Real estate investment trust, Mesirow

Bob brings more than 20 years of experience in Institutional Capital Markets to the firm.

Key Points: 
  • Bob brings more than 20 years of experience in Institutional Capital Markets to the firm.
  • "I am excited to join Mesirow and contribute to the growth of Mesirow's Institutional Sales and Trading team," said Bob Djorup .
  • "Bob brings specific skills to Mesirow that will enhance our ability to provide high-quality sales and trading solutions.
  • Mesirow Capital Markets advises clients across multiple capabilities that include Institutional Sales and Trading, CTL And Structured Debt, Ground Lease financing, Public Finance, Realty Bridge Equity and Sale-Leaseback Capital.

SouthState Welcomes New Team Members to Corporate Stewardship, Commercial and Wealth Divisions

Retrieved on: 
Thursday, November 30, 2023
Trident, BB&T, University of North Alabama, Organization, East Tennessee Children's Hospital, Commercial, Hospital, CSR, HAVEN, Commerce, Multimedia, State, Small business, SSB, Truist, Humanity, Corex, Valley Bank, University, Harvard Business School, Knowledge, Wells Fargo, CRA, Management, Central Alabama, Health, Carolinas

"Our Wealth, Commercial and Corporate Stewardship teams will benefit greatly from the addition of these team members.

Key Points: 
  • "Our Wealth, Commercial and Corporate Stewardship teams will benefit greatly from the addition of these team members.
  • Drawing in such talent and expertise shows SouthState continues to be an employer of choice," says Richard Murray, SouthState president.
  • She looks to continue the progress SouthState has made with its stewardship efforts and work closely with corporate learning, human resources and community engagement teams.
  • Samuel gained additional experience during his career as a commercial portfolio manager and commercial credit specialist at BB&T, now Truist.

Hallandale Beach Event Series, Part of SOBEWFF®, to include Festival of Lights Themed Food & Groove: A Wine, Food and Art Experience, and Celebrity Chef Dinner with Chris Valdes and Georgina Sulle at KAO Bar & Grill

Retrieved on: 
Wednesday, November 29, 2023
City manager, Kashrut, Food, Collection, Wine, Culture, Heart, Music, Meat, System, Festival of Lights, KAO, Cooking, CRA, Restaurant, Amusement park, City

HALLANDALE BEACH, Fla., Nov. 29, 2023 /PRNewswire/ -- The City of Hallandale Beach Community Redevelopment Agency (HBCRA) is proud to again host South Beach Wine & Food Festival (SOBEWFF®) Hallandale Beach Event Series on Friday, February 23, and Saturday, February 24, 2024. The much-anticipated series will showcase the City's eclectic international food scene and spotlight the City's focus on culture and art.

Key Points: 
  • The much-anticipated series will showcase the City's eclectic international food scene and spotlight the City's focus on culture and art.
  • KAO Bar & Grill is a two-story unique concept of a shipping container restaurant, hand-painted by artist Falopapas.
  • More than 25 local restaurants participated during the 2023 event, and the City looks forward to welcoming them back again during the Hallandale Beach Food & Groove.
  • For more information on the Hallandale Beach Event Series, please visit www.hallandalebeachfoodandgroove.com .

Tax Tip - Individuals can now receive T4A and T5 slips more conveniently and efficiently

Retrieved on: 
Wednesday, November 29, 2023
RESP, Issuer, T5, T4A, Income tax, Calendar, CRA

OTTAWA, ON, Nov. 29, 2023 /CNW/ - Recipients of T4A and T5 tax information slips no longer have to provide permission to receive them through a secure portal.

Key Points: 
  • OTTAWA, ON, Nov. 29, 2023 /CNW/ - Recipients of T4A and T5 tax information slips no longer have to provide permission to receive them through a secure portal.
  • T5 slips are used to report the various types of investment income that residents of Canada have to report on their income tax and benefit returns.
  • Individuals can sign in to the CRA's My Account for Individuals , a secure portal, to view personal income tax and benefit information and manage tax affairs online.
  • To find the tax slips, an individual will scroll down to find the tax information slips link and then select the relevant year and type of slip to view the details.