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NCRC

Testimony of Catherine Crosby, Town Manager, Town of Apex; Board Chairperson, National Community Reinvestment Coalition

(Download) “Better, Together: Examining the Unified Proposed Rule to Modernize the Community Reinvestment Act” House Financial Services Subcommittee on Consumer Protection and Financial Institutions, July 13, 2022 I am honored to testify before you today on the proposed regulatory reform of the Community Reinvestment Act. I am the board chairperson of the National Community Reinvestment […]

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40 Groups Urge FDIC To Downgrade TAB Bank

(Download) June 30, 2022 Janet R. Kincaid Deputy Regional Director Federal Deposit Insurance Corporation 25 Jessie Street at Ecker Square, Suite 2300 San Francisco, CA 94105 RE: Community Reinvestment Exam for TAB Bank Honorable Deputy Regional Director Kincaid: The National Community Reinvestment Coalition and the undersigned groups believe that the practices discussed in this comment

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Resolution To Protect The Community Reinvestment Act – To Ensure That Efforts To Modernize Regulations Do Not Undermine The Intent Of The Law

The following sample resolution provides the history, purpose, and some of the basic functions of CRA and includes the key principles that are critical to preserve in the on-going regulatory reform effort by the nation’s bank regulators. This template is a start and can be adapted by non-profits, localities, state legislatures and other governing bodies moved for immediate adoption. It should

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Statement on the Need for An Interpretive Rule Concerning the Solicitation of Demographic Data for the Purposes of Fair Lending Self-Testing

(Download) June 22, 2022 We are a group of fintechs and consumer advocates who share a common interest in making the credit system fairer for historically underserved consumers. On June 29, 2021, the National Community Reinvestment Coalition and Affirm, Lending Club, Oportun, PayPal, Square (now “Block”), and Varo provided a joint statement to the Consumer

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Video: NCRC Fireside Chat with Lael Brainard and Michael Hsu

NCRC Just Economy Conference 2022 —   Recorded June 13, 2022 The National Community Reinvestment Coalition’s President and CEO Jesse Van Tol held a virtual “fireside” chat with Vice Chair of the Board of Governors of the Federal Reserve System Lael Brainard and Acting Comptroller of the Currency Michael Hsu to discuss the notice of proposed

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Regarding: Request for Comment on Rules, Regulations, Guidance, and Statement of Policy on Bank Merger Transactions (RIN 3064-ZA31)

(Download) May 30th, 2022 James P. Sheesley Assistant Executive Secretary Federal Deposit Insurance Corporation 550 17th St. NW Washington, DC 20429 Regarding: Request for Comment on Rules, Regulations, Guidance, and Statement of Policy on Bank Merger Transactions (RIN 3064-ZA31) Sent by electronic mail to comments@fdic.gov Dear Mr. Sheesley: The National Community Reinvestment Coalition (NCRC) appreciates that the

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Video: 2022 Advocacy Week Policy Agenda Briefing

Online Event Archive Recorded May 20, 2022 NCRC’s policy team reviews the top policy priorities for NCRC and its members for the remainder of the 117th Congress. The session helps grow your policy knowledge and is the first step in preparing you for Virtual Advocacy Week. Together, we can strengthen your state’s representation and make

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NCRC Calls on Federal Reserve to Refrain from Issuing CBDC

Ann E. Misback Secretary Board of Governors of the Federal Reserve 230 S LaSalle Street Chicago, IL 60604 RE: CBDC Benefits, Risks, and Policy Considerations Sent via electronic mail to digital-innovations@frb.gov Dear Secretary Misback: We appreciate the opportunity to provide our comments on the subject of a Federal Reserve central bank digital currency (CBDC). The National

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2022 Advocacy Week Policy Agenda for the 117th Session of Congress

2022 Advocacy Week Policy Agenda 117th Session of Congress CONTENTS Photo by: ©tonktiti – stock.adobe.com Investing in a Just Economy Our 2022 Advocacy Week Policy Agenda serves to prepare attendees of NCRC’s Advocacy Week to meet with their members of Congress during our Just Economy Conference. It is a call to action on three core

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Video: Bond Hill Market Groundbreaking

Roughly three years ago, NCRC members in Cincinnati met to discuss the pressing needs facing LMI communities and how the various community benefits agreements might provide some level of support. The group identified food insecurity as the number one project they would undertake. First Financial Bank was identified as the appropriate partner and after several

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NCRC, Partner Groups Submit Letter to Federal Reserve on Requiring Deposit Insurance and Supervision For All Financial Institutions That Receive Master Accounts

(Download) April 22, 2022 Ms. Ann E. Misback Secretary Board of Governors of the Federal Reserve System 20th Street and Constitution Avenue NW Washington, DC 20551 Submitted electronically to regs.comments@federalreserve.gov Re:       Docket No. OP-1765: Supplemental Notice and Request on Guidelines for Evaluating Account and Services Requests. Dear Secretary Misback: The Center for Responsible Lending, National Community Reinvestment

NCRC, Partner Groups Submit Letter to Federal Reserve on Requiring Deposit Insurance and Supervision For All Financial Institutions That Receive Master Accounts Read More »

CFPB Should Encourage Lenders to Look for Less Discriminatory Models

(Download) March 11, 2022 The Honorable Rohit Chopra Director Consumer Financial Protection Bureau 1700 G Street NW Washington, DC 20552 Via email  RE:     CFPB Tools for Ensuring That Creditors Do Not Rely on Discriminatory Models Dear Director Chopra: On behalf of the National Community Reinvestment Coalition, Upturn, and Zest AI, we write to urge the Consumer

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Video: NCRC President and CEO Jesse Van Tol on Bloomberg TV’s Triple Take

The National Community Reinvestment Coalition’s (NCRC) President and CEO Jesse Van Tol appeared on Bloomberg TV’s Triple Take on April 14, 2022. Van Tol discussed NCRC’s recent report: The Great Consolidation of Banks and Acceleration of Branch Closures Across America. “The story here is bank consolidation and branch consolidation: 18,000 institutions down to 5,000. The

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