BankingDive, December 4, 2023, House Votes To Repeal CFPB Small-Business Data Collection Rule Jesse Van Tol, CEO of the National Community Reinvestment Coalition, meanwhile, said, “Today’s vote for a move President Biden will veto was a pointless show put on for bank industry donors who still don’t know how to say yes to a good idea.”
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VPM, December 4, 2023, How Richmond’s Business Makeup Doesn’t Match Its Residents A 2021 study of Paycheck Protection Program lending in Washington, D.C., conducted by the National Community Reinvestment Coalition, found evidence of explicit racial bias. In another study from 2018, NCRC sent “mystery shoppers” into banks to track their experiences. Black testers were less likely to be approached
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The US Sun, December 4, 2023, Chase Among 10 Banks Filing To Close 60 Branches In One Week But Customers Face ‘Unregulated’ Dangers A report from the National Community Reinvestment Coalition found that when there are fewer branches in an area, more people use “alternative financial services that open them to unregulated and predatory financial
Citybiz, December 4, 2023, Prosperity Now Names Marisa Calderon CEO Calderon, an experienced executive who is regularly recognized, awarded, and cited nationwide for her expertise in the housing and financial services industries, most recently served as the executive director at the NCRC Community Development Fund (NCRC CDF) and as chief of community finance and mobility at
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American Banker, December 1, 2023, House Votes To Nullify CFPB Small-Business Data Rule “Today’s vote for a move President Biden will veto was a pointless show put on for bank industry donors who still don’t know how to say yes to a good idea,” said Jesse Van Tol, president and CEO of the National Community
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Bloomberg Law, December 1, 2023, CFPB Small Business Rule Repeal Clears House, Courts Veto (1) National Community Reinvestment Coalition President and CEO Jesse Van Tol said the House put on a “pointless show” for donors. “All the House majority accomplished today was to make their next phone call with a bank lobbyist go a little
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NTD, November 26, 2023, 64 US Bank Branches File To Shut Down In A Single Week—Are You Affected? The recent closures are part of a long-term branch shutdown trend that has been ongoing over the past several years. A report from the National Community Reinvestment Coalition shows that between 2017 and 2021, 9% of all bank branches
NTD: 64 US Bank Branches File To Shut Down In A Single Week—Are You Affected? Read More »
NewsBreak, November 25, 2023, Banking Crisis Deepens: Additional Tennessee Closures Heighten Customer Worries CNBC reports that “according to the National Community Reinvestment Coalition, one-third of the branches closed from 2017 to 2021 occurred in areas that were predominately lower-income and minority areas.”
4WWL, November 20, 2023. ‘They Became White Neighborhoods Almost Overnight’ – Katrina Supercharged N.O. Gentrification In a 2020 study by the National Community Reinvestment Coalition, New Orleans ranked 5th in the country’s 20 most gentrified cities. New Orleans is now a city where the cost of living has surpassed the rate of pay for many
The Buffalo News, December 3, 2023. The Editorial Board: KeyBank Must Offer More Than Promises To Black And Low-Income Borrowers Whatever KeyBank is doing, it needs to do better. After being accused of “systemic redlining” in late 2022, the bank has not improved its track record of home loans to Black and low-income borrowers. That’s according to
