Banking Dive: NYC Regulator Halts City Deposits At Capital One, KeyBank

Banking Dive, May 26, 2023, NYC Regulator Halts City Deposits At Capital One, KeyBank

The National Community Reinvestment Coalition praised the banking commission for including public comments in the process.

“KeyBank and Capital One have atrocious track records of not just under-serving but actively harming the interests of low-wealth communities and people of color,” CEO Jesse Van Tol said in a statement Thursday.

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