Community benefits agreements (CBAs) are a way for banks to spell out, in writing, how they will satisfy CRA requirements when they merge. The agreements are between banks and community groups.
Online Event Archive Recorded February 23, 2023 Banks have the capital to be a catalyst for change in your neighborhood and can be critical community partners. This presentation will cover how NCRC uses the Community Reinvestment Act (CRA) to secure community benefits agreements with banks and explore how CRA can be used to increase reinvestment
Video: CRA Basics Read More »
Investing in underserved communities takes more than a promise – it also takes a plan to keep that promise. The National Community Reinvestment Coalition (NCRC) has developed multiple techniques to ensure that bank commitments translate into meaningful change for historically disadvantaged neighborhoods and that the people who live there, and organizations that service them, have
The new community benefits agreement with First Financial Bank builds on prior success.
NCRC And First Financial Bank Announce $2.4 Billion Community Benefits Agreement Read More »
Biden officials want to strengthen bank merger review guidelines. Here’s what they can learn from NCRC’s work with banks.
Community Benefits Agreements How Banks Ensure They Meet Local Needs Cover image: AndriiKoval-stock.adobe.com Keep Up Get NCRC news and alerts by email. The Community Reinvestment Act (CRA) requires banks to meet the credit needs of the communities where they take deposits, including low- and moderate income (LMI) neighborhoods. Community benefits agreements (CBAs) are a way for banks
Community Benefits Agreements Read More »
2022 IMPACT Jesse Van Tol President & CEO Dear friends, It was a hopeful and complicated year. The economy mostly rebooted and reopened after COVID lockdowns, layoffs and shutdowns, but families were still squeezed by persistent supply chain issues and spiking consumer prices. There was pent up public demand and political posturing to get “back to
2022 Impact Report Read More »
TD Bank will commit $50 billion in investments, lending, philanthropy and other services for diverse and underserved communities as it acquires First Horizon.
NCRC Announces $50 Billion Community Benefits Agreement With TD Bank Read More »
Part Four of a four-part series examining trends in comment letters sent to regulators about pending Community Reinvestment Act reforms.
CRA Comments Review, Part 4: What Did Regulators Hear From Other Policymakers? Read More »
Merger review processes have received new attention from the Biden administration, which is taking a ‘whole-of-government approach’ to reviving competition.
Community Groups Urge Tighter Rules For Bank Merger Reviews Read More »
