NCRC Statement On CFPB Overdraft Rule
The Consumer Financial Protection Bureau’s (CFPB) overdraft rule will bring billions of dollars out of bank shareholder pockets and back into the real economy.
NCRC Statement On CFPB Overdraft Rule Read More »
MLK Would Have Been 95 This Year. Let’s Make His Dream a Reality.
MLK saw substantial economic progress for Black Americans in his lifetime, but in our century progress has slowed to a crawl. Here’s how we get back on track.
MLK Would Have Been 95 This Year. Let’s Make His Dream a Reality. Read More »
CRA Overhaul: Did The Agencies Do Enough To Cure Ratings Inflation?
The Community Reinvestment Act has been plagued by ratings inflation for years. Has the new CRA overhaul fixed it?
CRA Overhaul: Did The Agencies Do Enough To Cure Ratings Inflation? Read More »
2023 Ends With A Strong Labor Market For Black Workers: Race, Jobs And The Economy Update For December 2023
How is the labor market for Black workers? The December jobs report reveals significant gains for Black workers.
NCRC Statement On President Biden’s Veto Of Section 1071 Repeal
WASHINGTON, DC — After President Biden vetoed a Congressional Review Act measure repealing recently adopted small business lending data rules known as Section 1071, National Community Reinvestment Coalition (NCRC) President and CEO Jesse Van Tol released the following statement: “This is how a doomed and dishonest attack on small businesses ends: not with a bang,
NCRC Statement On President Biden’s Veto Of Section 1071 Repeal Read More »
Case Study: How Black Businesses Can Build Competitive Advantage For Anchor Procurement With The Atlanta Wealth Building Initiative
Black-owned small businesses often struggle to reach major-funder “anchor institutions” in their communities that contribute significant resources to support other entrepreneurs. But that is a solveable problem.
Case Study: How The El Paso Hispanic Chamber Of Commerce Is Ensuring Capital Readiness For Rural Hispanic Entrepreneurs
All rural business owners face special challenges, but none more so than those from social groups that have long been fenced out of key financial services. We’re solving that problem.
Case Study: How Catapult Greater Pittsburgh’s Storefront Incubation Programs Are Supporting Women Entrepreneurs Of Color
How can distressed commercial areas regain economic vibrancy? Catapult Greater Pittsburgh is providing creative solutions built to last.
Race, Jobs, and the Economy November 2023 Update: Strong Economic Indicators For African Americans Yet Pessimism In Alleviating Racial Inequality
What can the November jobs report tell us about the future of racial economic inequality?
NCRC’s Guide To The 2023 Community Reinvestment Act Final Rule
A user’s guide to the new Community Reinvestment Act final rule: What’s new, what’s the same, and how will it affect you?
NCRC’s Guide To The 2023 Community Reinvestment Act Final Rule Read More »
Unprecedented Analysis Of Financial Needs In Indian Country Demands Change From Banks In Native American Community Development Investments
A new report maps severe financial neglect across Indian Country in the American southwest — and offers solutions.
Redlining The Reservation: The Brutal Cost Of Financial Services Inaccessibility In Native Communities
An unprecedented analysis maps the shape and depth of economic despair in the Native American southwest.
NCRC Statement: House Majority’s Doomed Vote Against Section 1071 Rules Is An Attack On Small Business
House Republicans’ doomed attempt to repeal section 1071 small business lending data rules is a pointless performance for their bank industry donors.
NCRC And First Citizens Announce $6.5 Billion Expansion Of Community Commitments In California And Massachusetts
The National Community Reinvestment Coalition (NCRC) and First Citizens Bank today announced an amendment to their previous community benefits agreement, extending the bank’s longstanding community support to Northern California and Massachusetts following its March acquisition of Silicon Valley Bank (SVB). The additional commitment, which recognizes pre-existing Silicon Valley Bank relationships, establishes a new $6.5 billion
The Racial Wealth Divide and Black Billionaires Across the Globe
As conversations regarding the rapid concentration of wealth dominate economic and political discourse, it’s worth analyzing the details of wealth within the billionaire class. However, little attention has been paid to billionaires of African descent. Twenty-four people of African descent have appeared in the Forbes billionaires list. People of African descent have historically been locked
The Racial Wealth Divide and Black Billionaires Across the Globe Read More »