Provident Bank – Fair Lending Report
Provident Bank – Fair Lending Report Read More »
NCRC Supplemental CRA Comment Using Federal Reserve CRA Data
(Download) April 8, 2020 NCRC supplemental comment on proposed CRA evaluation measure using Federal Reserve CRA data Notice of Proposed Rulemaking (Docket ID OCC–2018-0008 and RIN 3064-AF22) Reforming the Community Reinvestment Act Regulatory Framework To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) is submitting another comment on the proposed changes to the Community Reinvestment
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COVID-19 Hits Black and Hispanic Businesses Hardest of All
We already know that Black and Hispanic-owned small businesses are severely under- represented in communities, and the COVID-19 pandemic will likely damage these businesses especially hard. In a report that should surprise no one, researchers with the JPMorgan Chase Institute found that businesses located in Black and Hispanic communities are less likely to have the cash
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NCRC Comments Regarding Notice of Proposed Rulemaking (Docket ID OCC–2018-0008 and RIN 3064-AF22)
(Download) April 8, 2020 RE: Notice of Proposed Rulemaking, Community Reinvestment Act Regulations, Docket ID OCC-2018-0008 and RIN 3064-AF22 To Whom it May Concern: The National Community Reinvestment Coalition, an association of 600 community-based organizations that promote access to basic banking services, affordable housing, entrepreneurship, job creation and vibrant communities for America’s working families, believes
Communities, Survival & COVID-19
Change is stressful even when it isn’t forced by a terrifying global pandemic. But that’s what we face. We’re all in the middle of a huge and unplanned pivot, simultaneously managing a deadly disease and a worldwide financial collapse. Both are unlike any before. At NCRC, along with changing how we work – at home,
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Sign-On Letter asking OCC & FDIC to Suspend CRA Rulemaking during the COVID-19 Crisis
(Download) March 24, 2019 The Honorable Joseph M. Otting Comptroller of the Currency The Honorable Jelena McWilliams Chairman, Federal Deposit Insurance Corporation Dear Comptroller Otting and Chairman McWilliams: On behalf of the undersigned organizations, the National Community Reinvestment Coalition (NCRC) requests an immediate suspension until the end of the health crisis of the comment period for the proposed changes to
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Proposed OCC and FDIC Geographic Analysis of Home Mortgage and Small Business Lending: Permission to Decrease Lending for the Largest Banks?
Executive Summary The proposed changes to the Community Reinvestment Act (CRA) released by the Office of the Comptroller of the Currency (OCC) and Federal Deposit Insurance Corporation (FDIC) would radically reconfigure the testing criteria for banks.  A new testing regime would assess low- and moderate-income (LMI) home mortgage and small business lending with a demographic comparison
NCRC’s Letter to Congress on COVID-19 Stimulus Provisions
(Download) The Honorable Mitch McConnell Majority Leader U.S. Senate S-230, The Capitol Washington, DC 20515 The Honorable Chuck Schumer Minority Leader United States Senate S-221, The Capitol Washington, DC 20510 The Honorable Nancy Pelosi Speaker U.S. House of Representatives H-232, The Capitol Washington, DC 20515 The Honorable Kevin McCarthy Minority Leader U.S. House of Representatives
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NCRC comment on Notice of Proposed Rulemaking, AFFH: Streamlining and Enhancements
March 16, 2020 Regulations Division, Office of General Counsel Rules Docket Clerk Department of Housing and Urban Development 451 Seventh Street SW, Room 10276 Washington, D.C. 20410-0500 Re: Docket No. FR-6123-P-02 Notice of Proposed Rulemaking Affirmatively Furthering Fair Housing: Streamlining and Enhancements Dear Assistant Secretary Farias: On behalf of the National Community Reinvestment Coalition (NCRC),
NCRC comment on Notice of Proposed Rulemaking, AFFH: Streamlining and Enhancements Read More »
The CRA Evaluation Measures Would Allow Banks to Relax their Retail Lending to LMI Borrowers and Communities
The Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) have proposed changes that would dramatically alter the Community Reinvestment Act (CRA) examination of banks. Their proposal would create a metric, called the CRA evaluation measure, that would be the dominant measure for determining a bank’s rating. As long as a
Jacksonville Metro Area
Jacksonville Metro Area NCRC Members can request custom reports like this one. Email Jason Richardson jrichardson@ncrc.org for more information.
Jacksonville Metro Area Read More »
Lehigh and Northampton Counties
Lehigh & Northampton Counties NCRC Members can request custom reports like this one. Email Jason Richardson jrichardson@ncrc.org for more information.
Lehigh and Northampton Counties Read More »