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Tag: Tax Credit


Capital and Risk, Credit

U.S. Bank Receives $55 Million in New Markets Tax Credit Allocation

September 29, 2023

Via: Yahoo

U.S. Bancorp Impact Finance, a subsidiary of U.S. Bank, and its community development entity (CDE) – USBCDE, LLC – received $55 million of New Markets Tax Credit (NMTC) allocation from the U.S. Department of Treasury. The allocation is part of […]


Activity, Investment Banking

U.S Bank receives $60 million of New Markets Tax Credit allocation

November 3, 2022

Via: Yahoo

U.S. Bank’s community development entity (CDE) – USBCDE, LLC – received $60 million of New Markets Tax Credit (NMTC) allocation from the U.S. Department of Treasury. The allocation was among the largest awarded in this round and is part of […]


Activity, Capital and Risk, Corporate Banking, Credit

U.S. Bank Receives $65 Million in Tax Credit Allocations

July 21, 2020

Via: Yahoo

U.S. Bancorp Community Development Entity, LLC (USBCDE, LLC), the community development arm of U.S. Bank, received $65 million in tax credit allocations from the U.S. Department of Treasury to help address persistent gaps in economic outcomes in lower-income communities. The […]


Capital and Risk, Credit, Regulations

Bipartisan Bill Would Give Small Businesses a Tax Credit for Employee Training

October 24, 2017

Via: Insurance Journal

A bipartisan group of congressmen has filed legislation to encourage employers to invest more in training and educating their employees. The legislation would create a tax credit for 25 percent of the first $5,000, or up o $1,250, that an […]