State Comptroller DiNapoli and Dept. of Financial Services Superintendent Harris Designate New Banking Development District Branch to Support Community Banking in Red Hook

State Comptroller DiNapoli and Dept. of Financial Services Superintendent Harris Designate New Banking Development District Branch to Support Community Banking in Red Hook

Comptroller Deposited $10 Million in Public Funds to Spring Bank Branch as Part of Program to Increase Access to Financial Services in Historically Underserved Communities New York State Comptroller Thomas P. DiNapoli and Department of Financial Services Superintendent Adrienne A. Harris today announced the approval of Spring Bank’s Red Hook Branch as a Banking Development […]

ECCB Monetary Council Discuss High Cost of Regional Travel and Food Security

ECCB Monetary Council Discuss High Cost of Regional Travel and Food Security

By Caribbean Business Report  The Monetary Council of the Eastern Caribbean Central Bank held its 110th on February 14th against the background of a global economic environment that is ‘pregnant with uncertainty’. The meeting noted that while growth in the Eastern Caribbean Currency Union continued to be propelled by Tourism and domestic-related construction activity in […]

New Loan Guarantee Product to Help Micro-Entrepreneurs

New Loan Guarantee Product to Help Micro-Entrepreneurs

By www.stvincenttimes.com ECPCGC Offers New Loan Guarantee Product to Help Micro-Entrepreneurs Grow Their Small Businesses The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) is offering a new loan guarantee product called ‘MSME Growth’ to help micro-entrepreneurs in the Eastern Caribbean Currency Union grow their small businesses. The MSME Growth Guarantee is designed specifically for entrepreneurs who may […]

Attorney General James Secures $725,000 from Equifax for Harming Consumers Through Inaccurate Credit Scores

Attorney General James Secures $725,000 from Equifax for Harming Consumers Through Inaccurate Credit Scores

By ag.ny.gov | Editorial credit: madamF / shutterstock.com  Equifax Reported Incorrect Credit Scores to Lenders, Inflating Costs for New Yorkers NEW YORK — New York Attorney General Letitia James today announced a settlement with Equifax Information Services, LLC (Equifax) for inaccurately reporting tens of thousands of New Yorkers’ credit scores to lenders, inflating costs for loans and […]

How New Homeownership Policy Changes Can Help Black & Latino Families Build Wealth

How New Homeownership Policy Changes Can Help Black & Latino Families Build Wealth

By Brian Figeroux, Esq. | Photo Credit: Standret / shutterstock.com  Homeownership is one of the most effective tools for building and transferring wealth in the United States, yet systemic barriers have historically prevented many Black and Latino families from accessing it. These barriers—rooted in discriminatory practices, economic inequalities, and unequal access to credit—have contributed significantly […]