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NCRC

NCRC Applauds OCC for Intentions to Survey Trust in Banking, Calls for an Inclusive Sample of End-Users and a Focus on How Banking is Changing

By / / Testimony & Regulatory Comments / 17 minutes of reading

(Download) October 10th, 2023 Chief Counsel’s Office Attention: Comment Processing Office of the Comptroller of the Currency 400 7th St. SW Suite 3E-218 Washington, DC 20219 RE: Trust in Banking Survey; Docket ID OCC-2023-0003 Dear Honorable Acting Comptroller Hsu: Thank you for the opportunity to comment on how the Office of the Comptroller will develop […]

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Hispanic Workers See Some Warning Signs In An Overall Good Jobs Report

By / / Research / 6 minutes of reading

Race, Jobs, and the Economy October 2023 Update September 15th through October 15th is Hispanic Heritage Month. As noted in our Latino Racial Wealth Snapshot, almost 19% of Americans are Hispanic and while their population has almost doubled in number since 2020 they remain far less wealthy than non-Hispanic White Americans. From college attainment to homeownership to income, Hispanics

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#SolutionsHUB Spotlight: How El Paso Hispanic Chamber Of Commerce Is Ensuring Capital Readiness For Rural Hispanic Entrepreneurs

By / / Field Notes / 4 minutes of reading

Latino-owned businesses (LOBs) are the fastest growing segment of the US business population and, with continued efforts of capital infusion, are becoming a major economic engine for many communities. Between 2007 and 2019, for example, the number of LOBs grew by 34% while White-owned businesses (WOBs) experienced a 7% drop. In this same time period,

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#SolutionsHUB Spotlight: Justice-Informed Retail Incubation Programs Supporting Women Entrepreneurs Of Color

By / / Field Notes / 4 minutes of reading

Over the last decade, Black women were the fastest-growing demographic of entrepreneurs in the United States. Accounting for 42% of all women who opened new businesses, the number of Black-women-owned firms grew by nearly 50% between 2014-2019. The very next year was a devastating one for small businesses everywhere – and the impact of the COVID-19 pandemic

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Video: NCRC and Berkeley Fellowship Info Session

By / / NCRC Videos / 22 minutes of reading

Online Event Archive Recorded September 20, 2023 NCRC announced a new Fellowship Program with UC Berkeley’s Goldman School of Policy (GSPP) that provides NCRC member organizations located in the San Francisco Bay Area (in Northern CA) with an exciting opportunity to increase their impact as they tackle the most pressing community development challenges facing the

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Just Economy Regional Mountain West Summit Speaker Bios

By / / Uncategorized / 21 minutes of reading

Speaker Bios Ylenia Aguilar Board of Directors, Central Arizona Project Ylenia Aguilar was born in Mexico and raised in Arizona and rural Illinois. She enjoys running, hiking, camping, kayaking, cycling, rowing, and hot yoga at Radia8. She has traveled with her two sons throughout Arizona’s extensive and breathtaking mountain biking trails. Her oldest son attends Northern

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NCRC’s Response to Better Markets CRA Comment

By / / Testimony & Regulatory Comments / 17 minutes of reading

September 22, 2023 Dear Members of the Board of Governors, FDIC Chairman, and Acting Comptroller of the Currency: On August 7, Better Markets (BM) sent a letter to the federal bank agencies asserting that the proposed CRA rule “will not work and that redlining will continue.” The BM letter dismisses an interagency proposal that would

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Racial Wealth Snapshot: Latino Americans And The Racial Wealth Divide

By / / Research / 12 minutes of reading

Latino population growth continued over the past decade, rising by about 24% to 62.5 million in 2021. In 2020, Latinos represented 18.7% of the US population, accounting for about half (52%) of total US population growth over the decade. Latinos have a greater share of the growth than any other racial or ethnic group.

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Video: Your Membership, Your Benefits: A Closer Look at NCRC Membership

By / / NCRC Videos / 34 minutes of reading

Learn what resources, services, content, and networking opportunities your membership includes and how being a NCRC member can help you in your fight for a #JustEconomy. Members will share their tips for making the most of your membership and NCRC Membership staff will walk through NCRC’s newest member features.

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Racial Wealth Snapshot: Asian Americans And The Racial Wealth Divide

By / / Research / 6 minutes of reading

Asian Americans are the fastest growing racial or ethnic group in the United States, and are predicted to be the nation’s largest immigrant group by 2050. Asian Americans are forecast to exceed the Hispanic share of the immigrant population and to make up 36% of all US immigrants by 2055.

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NCRC To Banking Regulators: New Automated Valuation Model Technologies Must Not Affirm Historic Redlining

By / / Testimony & Regulatory Comments / 25 minutes of reading

(Download) August 21, 2023 RE: Quality Control Standards for Automated Valuation Models: Docket ID OCC–2023–0002; FDIC RIN 3064–AE68; Federal Reserve Docket No. R–1807 and RIN No. 7100 AG60; Docket Number NCUA–2023–0019; FHFA RIN 2590–AA62; and CFPB–2023–0025 To Whom it May Concern: Thank you for the opportunity to comment on the use of automated valuation models

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Summit Sponsorship Opportunities

By / / Uncategorized / 3 minutes of reading

Register Now Sponsorship Opportunities September 26-27 • Denver, Colorado JUST ECONOMY REGIONAL MOUNTAIN WEST summit REGISTER September 26-27 • Denver, Colorado A Just Economy sponsorship is more than a transaction: Your Sponsorship Makes A Difference Just Economy sponsorships provide coveted marketing and networking opportunities. More importantly, based on the sponsorship level, each sponsor has the

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Time to Change Bank Merger Reviews: NCRC Calls for New Rulemaking Process

By / / Testimony & Regulatory Comments / 35 minutes of reading

(Download) July 31, 2023  The Honorable Martin Gruenberg Acting Chair of the Board The Federal Deposit Insurance Corporation 550 17th Street, NW Washington, D.C. 20429  The Honorable Michael Hsu Acting Comptroller of the Currency Office of the Comptroller of the Currency 400 7th Street, SW Washington, D.C. 20219  The Honorable Michael Barr Vice Chair for

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