Saturday - November 23, 2024
Federal Tipoffs Involving North Carolina Newsletter for Tuesday October 22, 2024 ( 5 items )  

Biden-Harris Administration Provides Billions in Federal Assistance for Helene Response and Recovery, Announces Initial Hiring Effort with New Community Liaison Program to Ensure Community-Driven Long-Term Recovery
WASHINGTON, Oct. 21 -- The U.S. Department of Homeland Security Federal Emergency Management Agency issued the following news release: FEMA to Hire Community Liaisons in North Carolina Assist with Recovery Efforts, Provide Local Jobs to Community The Biden-Harris Administration has provided nearly $2 billion in federal assistance for individuals and communities affected by Hurricane Helene and Milton. FEMA Administrator Deanne Criswell today announced that the agency will create a brand-new pr  more

Federal Home Loan Bank of Atlanta Announces 2024 Director Election Results
ATLANTA, Georgia, Oct. 22 -- The Federal Home Loan Bank of Atlanta, a district bank in the Federal Home Loan Bank System, issued the following news on Oct. 21, 2024: Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today announced the results of the 2024 director election. The Bank conducted an election to fill the member directorships for North Carolina and Virginia, an independent directorship and a public interest independent directorship. Each director-elect will serve a four-year term c  more

Ga. U.S. Attorney: Truist Bank Pays Over $9 Million to Resolve Allegations Concerning SunTrust Bank's Administration of Trust Accounts
ATLANTA, Georgia, Oct. 22 -- The office of the U.S. Attorney for the Northern District of Georgia issued the following news release: Truist Bank (Truist), based in Charlotte, North Carolina, has agreed to pay the United States $9,125,000 to resolve claims under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA). These claims relate to the administration of certain trust accounts by SunTrust Bank (SunTrust) from December 2011 through December 2015. SunTrust was acq  more

Justice Dept.: Truist Bank Pays Over $9M to Resolve Allegations Concerning SunTrust Bank's Administration of Trust Accounts
WASHINGTON, Oct. 22 -- The U.S. Department of Justice issued the following news release on Oct. 21, 2024: Truist Bank (Truist), based in Charlotte, North Carolina, has agreed to pay the United States $9,125,000 to resolve claims under the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA), in connection with the administration of certain trust accounts by SunTrust Bank (SunTrust) from December 2011 through December 2015. SunTrust was acquired by Branch Banking and Trus  more

President Joseph R. Biden Jr. Approves Major Disaster Declaration for North Carolina
WASHINGTON, Oct. 21 -- The U.S. Department of Homeland Security Federal Emergency Management Agency issued the following news release: FEMA announced that federal disaster assistance is available to the state of North Carolina to supplement recovery efforts in the areas affected by Potential Tropical Cyclone Eight from Sept. 16-20, 2024. Federal funding is available to state, tribal, and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergen  more