NCRC

Preventing Bluelining: NCRC’s Comment on the Federal Reserve’s Principles for Climate-Related Risk Management

By / / Testimony & Regulatory Comments / 20 minutes of reading

(Download) February 6, 2023 Ann E. Misback Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW, Washington, DC 20551 regs.comments@federalreserve.gov RE: Federal Reserve Principles for Climate-Related Financial Risk Management for Large Financial Institutions, 87 Fed. Reg. 75267 Attention: Docket No. OP-1793 The National Community Reinvestment Coalition (NCRC) appreciates the opportunity […]

Preventing Bluelining: NCRC’s Comment on the Federal Reserve’s Principles for Climate-Related Risk Management Read More »

Racial Wealth Snapshot: Immigration And The Racial Wealth Divide

By / / Research / 12 minutes of reading

There has been a steady increase in foreign-born immigrants throughout the decades. In 1980, foreign-born immigrants accounted for only 5% of the US population. According to the 2020 Current Population Survey (CPS), immigrant parents and their US-born children make up 85.7 million of the US population, or around 26% of the US population.

Racial Wealth Snapshot: Immigration And The Racial Wealth Divide Read More »

Columbia at 55: Creeping Segregation and Lack of Affordable Housing Threatens A Legacy of Black/White Integration

By / / Research / 23 minutes of reading

Columbia represented case study in a new era of desegregation for American housing in the 1960s. These efforts at desegregation focused on easing the division of Black and White residential neighborhoods. While there has been exponential growth of the Asian and Hispanic communities of Columbia during the past three decades, this report focuses on the economic status of the Black community since development.

Columbia at 55: Creeping Segregation and Lack of Affordable Housing Threatens A Legacy of Black/White Integration Read More »

Guidelines for Evaluating Account and Services Requests, Docket No. OP-1788

By / / Testimony & Regulatory Comments / 18 minutes of reading

(Download) January 17, 2023 Ann E. Misback Secretary Board of Governors of the Federal Reserve System 20th and Constitution Avenue, NW Washington, DC 20551 RE: Guidelines for Evaluating Account and Services Requests, Docket No. OP-1788 Dear Secretary Misback: Thank you for the opportunity to provide comments on the Proposed Guidelines Evaluating Account and Services Requests. The

Guidelines for Evaluating Account and Services Requests, Docket No. OP-1788 Read More »

Video: Understanding financial statements to better operate your business

By / / NCRC Videos / 34 minutes of reading

Online Event Archive Recorded December 19, 2022 Join our webinar for insights on decoding your financial statements to strategically operate and grow your business. In this session, you’ll gain knowledge on: Developing and examining key financial statements, including the balance sheet, profit and loss statement, cash flow statement, and other essentials. Effectively budgeting and creating

Video: Understanding financial statements to better operate your business Read More »

NCRC and its Coalition Call on Regulators to Reform Bank Merger Reviews. All Mergers Must Result in Benefits for the Public

By / / Testimony & Regulatory Comments / 31 minutes of reading

(Download) The Honorable Martin Gruenberg Acting Chair of the Board The Federal Deposit Insurance Corporation 550 17th Street, NW Washington, D.C. 20429  The Honorable Michael Hsu Acting Comptroller of the Currency Office of the Comptroller of the Currency 400 7th Street, SW Washington, D.C. 20219 The Honorable Michael Barr Vice Chair for Supervision Board of

NCRC and its Coalition Call on Regulators to Reform Bank Merger Reviews. All Mergers Must Result in Benefits for the Public Read More »

REDLINED: KeyBank Continues to Fail Black America Despite Its Commitments to Improve

By / / Research / 24 minutes of reading

KeyBank disregarded commitments to improve lending to Black homeowners and potential homeowners.  Federal data shows KeyBank now ranks at the bottom among the 50 largest mortgage lenders in the nation in the percentage of its borrowers who are Black, live in majority-minority or LMI neighborhoods and are people of color.

REDLINED: KeyBank Continues to Fail Black America Despite Its Commitments to Improve Read More »

NCRC Letter to ICIC on Opportunities and Challenges in Federal Community Investment Programs

By / / Testimony & Regulatory Comments / 21 minutes of reading

(Download) December 5, 2022 Interagency Community Investment Committee (ICIC) U.S. Department of the Treasury U.S. Small Business Administration U.S. Department of Commerce U.S. Department of Transportation U.S. Department of Housing and Urban Development U.S. Department of Agriculture Re: Notice and Request for Information on Opportunities and Challenges in Federal Community Investment Programs, 87 Fed. Reg.

NCRC Letter to ICIC on Opportunities and Challenges in Federal Community Investment Programs Read More »

Investing in Culturally-Significant Businesses and Community Growth

By / / Research / 18 minutes of reading

Arts and culture are an important component of overall quality of life for every person on earth. Access to cultural resources and connections – or the lack thereof – shapes many aspects of our nation’s society. It also influences economic outcomes, as economists who study the role of “human capital” in wealth-building and opportunity creation have identified.

Investing in Culturally-Significant Businesses and Community Growth Read More »

Video: Democratizing Wealth Building to Help Close the Racial and Gender Gap

By / / NCRC Videos / 41 minutes of reading

Online Event Archive Recorded November 15, 2022 Persistent racial and gender wealth gaps remain a major obstacle to building financial security for low- and moderate-income (LMI) households in the United States. How can we ensure that the financial system, and opportunities to build wealth, are developed to meet the needs of LMI people? Income alone

Video: Democratizing Wealth Building to Help Close the Racial and Gender Gap Read More »

NCRC Response to Advance Notice of Proposed Rulemaking on Trade Regulation on Surveillance and Data Security, “Commercial Surveillance, R111004.”

By / / Testimony & Regulatory Comments / 43 minutes of reading

(Download) Office of the Secretary Federal Trade Commission 600 Pennsylvania Avenue, NW Suite CC-5610 (Annex B) Washington, DC 20580  Re:  Response to Advance Notice of Proposed Rulemaking on Trade Regulation on Surveillance and Data Security, “Commercial Surveillance, R111004.” Dear Secretary: The National Community Reinvestment Coalition (NCRC) welcomes the opportunity to comment on the Federal Trade Commission’s (FTC)

NCRC Response to Advance Notice of Proposed Rulemaking on Trade Regulation on Surveillance and Data Security, “Commercial Surveillance, R111004.” Read More »

Video: Generational Wealth: Credit Barriers for People with a Criminal History

By / / NCRC Videos / 42 minutes of reading

Online Event Archive Recorded November 10, 2022 Nearly 1 in 3 Americans have a criminal record. Each year over 600,000 Americans are released from state or federal prisons and re-enter society. Re-entry into society poses barriers to everyone but disproportionately affects African Americans and other minorities as African Americans and Hispanics make up 56% of

Video: Generational Wealth: Credit Barriers for People with a Criminal History Read More »

How And Why CRA Reform Proposals Must Improve Access To Credit And Capital For Small Businesses

By / / Testimony & Regulatory Comments / 20 minutes of reading

How And Why CRA Reform Proposals Must Improve Access To Credit And Capital For Small Businesses November 2022 Download Report Josh Silver, Senior Fellow In late spring of 2022, the Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) proposed the most far-reaching changes to

How And Why CRA Reform Proposals Must Improve Access To Credit And Capital For Small Businesses Read More »

Video: NCRC MicroBiz Capital Accelerator Program (MCAP) Webinar

By / / NCRC Videos / 28 minutes of reading

Online Event Archive Recorded November 3, 2022 NCRC has launched a new grant and technical assistance opportunity, the MicroBiz Capital Accelerator Program (MCAP), exclusively for nonprofit, small business capital providers. This pilot program is being offered to NCRC members seeking to grow and scale the impact of their capital and other small-dollar loan programs supporting

Video: NCRC MicroBiz Capital Accelerator Program (MCAP) Webinar Read More »

Scroll to Top

Start typing and press enter to search