NCRC

American Banker, May 8, 2023, With TD’s Acquisition Called Off, So Is Its Community Benefits Plan The five-year agreement with community groups, which was unveiled in February, was contingent on the completion of the merger, a TD spokesperson said in a statement. The bank will continue its dialogue with the National Community Reinvestment Coalition and […]

Banking Dive, May 5, 2023, KeyBank agrees to third-party racial equity audit The National Community Reinvestment Coalition asked the Federal Reserve and the Office of the Comptroller of the Currency to downgrade KeyBank’s Community Reinvestment Act rating in a letter March 31. The NCRC published a report in November asserting that KeyBank had the lowest percentage of mortgage originations to Black borrowers

My Little Falls, May 8, 2023, Small Businesses – The Heart And Soul Of Today’s Rural Communities The vibrancy of any small town can be measured by the economic health of their small businesses. These community assets generate long-term economic development that meets authentic community needs. By supplying jobs to their communities, these entrepreneurs promote economic

Ohio Wesleyan University, May 8, 2023, Expanding Understanding Marquel Henry, a junior from Dayton, Ohio, and Dillon Shelton, a junior from Solon, Ohio. They used their DEI Grant to attend the Just Economy Conference 2023, held March 29-30 in Washington, D.C. Sponsored by the National Community Reinvestment Coalition (NCRC), the conference seeks to bring together “community,

House Digest, January 25, 2023, Bad Home Advice Dished Out On House Hunters This glossing-over effect signals that race, sexual orientation, and other facets of a person’s identity are irrelevant in the home-buying process. As The New York Times highlights, black families have historically found it much harder to secure a mortgage loan than white families. Same-sex couples could

Market Watch, January 20, 2023, ‘The economic consequences are real’: Officials push for deeper scrutiny of racial bias in home-appraisal process The federal government is taking steps towards addressing bias in the home-appraisal process, after media reports and a new documentary series surface instances of bias and undervaluations.  “The gap in homeownership between Black and

Trib Live, January 17, 2022, PNC closing 2 more Pittsburgh-area locations, including Vandergrift branch “While I hate to see a business leave the community, I also understand the reasons this is happening throughout the banking industry,” Kessler said. “Fewer and fewer people actually visit brick-and-mortar banks anymore. So much banking is done electronically.” According to