Press Release Archives - National Asian American Coalition (NAAC)

Tri Counties Bank and National Asian American Coalition Launch Down Payment Assistance Program in the Bay Area and Central Valley

CHICO, CA – June 22, 2022 – Tri Counties Bank announced today a partnership with the National Asian American Coalition (NAAC), to provide a Down Payment Assistance (DPA) Program that will launch on July 7, 2022. The DPA Program aims to assist qualifying low- to moderate-income home buyers, especially

Emergency Broadband Benefit (EBB) Program will become the Affordable Connectivity Program (ACP) on December 31, 2021

The temporary Emergency Broadband Benefit (EBB) Program will become the Affordable Connectivity Program, a new longer-term program, on December 31, 2021. Households enrolled in the Emergency Broadband Benefit Program as of 12/31/21 will continue to receive their current monthly benefit until 3/1/22. What's Changing? The

Borrowers need to complete an FDIC financial literacy course before they get approved for a small-dollar loan from NAAC.

National Asian American Coalition CDFI launches digital lending service, paving the way to low-cost access to credit for non-traditional borrowers in underserved communities

CALIFORNIA - The National Asian American Coalition (NAAC), a US Department of Treasury-certified Community Development Financial Institution (CDFI), has partnered with global venture studio Talino Venture Labs’ portfolio startup Asenso Finance to build NAAC Finance, a digital lending service designed to facilitate loans for Low to

Message of the FDIC Chairman for NAAC Town Hall

NAAC-Talino Finance Wins Market Readiness in FDIC’s Tech Sprint, Breaking Down Barriers: Reaching the Last Mile of the Unbanked

Daly City, CA – ‘Demo Day’ September 10th found eight selected teams presenting creative technical solutions to a panel of evaluating experts during FDIC’s first-ever Tech Sprint designed to explore new technologies and techniques to help banks meet the needs of unbanked customers and challenged

NAAC-Talino Finance selected to join FDIC Tech Sprint to Reach the Unbanked

WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today announced the selection of eight teams to participate in a ‘tech sprint’ designed to explore new technologies and techniques to help banks meet the needs of unbanked consumers. The FDIC’s tech lab, FDITECH, launched Breaking Down Barriers:

Down Payment Assistance

FHL Bank's WISH

Bank of America Grant

Small Business Assistance

Microloan

Covid-19 Loan