KCET, November 13, Small Business Lending Inequities During COVID-19
A 2018 study conducted by the National Community Reinvestment Coalition (NCRC) in Los Angeles found that bank personnel introduced themselves less frequently to Black study participants than they did to white participants, and provided significantly less information to Black and Latinx participants regarding business loan products. This ongoing pattern of disparate treatment may have been an important consideration for the Office of the Comptroller of the Currency to launch its two-year process to modernize the Community Reinvestment Act.
