More than 80,000 American jobs were supported last year by the Small Business Administration’s loans to businesses owned by green-card holders. Now, a federal policy change has shut those same entrepreneurs out of the financing programs that helped them build and expand their businesses.
Community Groups Push Senate to Restore SBA Loans for Green Card Holders Read More »
“OppFi is a high-cost, high-risk lender that has no business being in the business of national banking,” said NCRC’s President and CEO Jesse Van Tol.
National community development leader brings more than 25 years of experience in community, business and economic development, advancing access to capital and economic opportunity for underserved communities.
“Communities know their own credit and investment needs better than any bank does,” said NCRC’s President and CEO Jesse Van Tol. “Fifth Third’s commitment to listen to residents and local organizations, and to let those conversations shape how and where it reinvests, is the right approach. It strengthens communities, and it’s also smart business. Banks thrive when the neighborhoods they serve grow and thrive.”
NCRC, Rise Economy Applaud Fifth Third’s Latest Community Development Commitments Read More »
“Nearly 500 organizations are speaking with one voice: weakening CRA means less accountability for banks and less investment in communities that have historically been denied it,” said NCRC’s President and CEO Jesse Van Tol.
NCRC and 493 Community Groups Oppose OCC, FDIC Proposed CRA Changes Read More »
One day after the 49th anniversary of the Community Reinvestment Act (CRA), the National Community Reinvestment Coalition (NCRC) and national partners urge the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to reject the proposed rollback.
NCRC and National Partners Oppose OCC, FDIC Proposed CRA Rollback Read More »
“This is exactly the two-tier system NCRC has warned about,” said NCRC’s President and CEO Jesse Van Tol. “Bank charters, regardless of form, should come with strong obligations to serve communities.”
NCRC: Federal Bank Charters Must Come with Real Obligations to Communities Read More »
“Every year when planning for the Just Economy Conference, we look for the most pressing issues standing in the way of our mission,” said NCRC’s President and CEO Jesse Van Tol. “This year, we keep coming back to the basics: influence, investment and impact.”
Registration Opens For The 2027 Just Economy Conference Read More »
“The release of these CDFI Fund awards is welcome news for communities across the country. Twenty-nine NCRC member CDFIs received $22.1 million, meaning nearly one in four of our 125 CDFI members received awards this year,” said Dyson.
“Luckily, Washington has had a state CRA since 1985,” said Van Tol. “Washington’s CRA gives state regulators a way to prevent the significant declines in the quantity and quality of community development financing that the federal proposed rule would bring to their state. We strongly encourage all states to establish and strengthen their own Community Reinvestment Acts in response to the proposed rollbacks at the federal level.”
NCRC also launched its 2026-2027 cohort of eight student fellows paired with NCRC member organizations around the country, thanks to funding from PNC Bank.
The National Community Reinvestment Coalition (NCRC) and the Woodstock Institute (Woodstock) strongly advocated against the merger and welcome this news.
NCRC, Woodstock Institute Are Pleased With Enova’s Bank Application Withdrawal Read More »
The strategic plan provisions in the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation’s (FDIC) proposed CRA rule have received less attention than the proposal’s headline changes. However, combined with the OCC’s December 2025 guidance, it could make it easier for banks to pass CRA exams while providing less community development financing than they have historically.
CRA’s New Benchmark Could Put 85% of Current Community Development Activity at Risk Read More »
The strategic plan provisions in the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation’s (FDIC) proposed CRA rule have received less attention than the proposal’s headline changes. However, combined with the OCC’s December 2025 guidance, it could make it easier for banks to pass CRA exams while providing less community development financing than they have historically.
The Proposed CRA Rule’s Strategic Plans: A More Predictable Path to Doing Less Read More »
Today, the National Community Reinvestment Coalition (NCRC), Rise Economy and 374 national partners, financial institutions, community organizations, local government agencies, religious groups and small business owners submitted a letter to the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) calling for a comment period extension for the new proposed Community Reinvestment Act (CRA) rule.
NCRC, Rise Economy and 374 Organizations Call On FDIC, OCC To Extend CRA Comment Period Read More »
