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The bill has several particular strengths that would broaden CRA’s reach, increase its rigor and improve its ability to address racial inequities.
NCRC Endorses Rep. Maxine Waters Legislation To Overhaul Community Reinvestment Act Read More »
Upstart and NCRC are both committed to expanding access to credit through the responsible use of new technologies.
Upstart Joins NCRC’s Innovation Council For Financial Inclusion Read More »
Ford Motor Company should be denied deposit insurance for its proposed new Ford Credit industrial loan company (ILC) charter, the National Community Reinvestment Coalition (NCRC), the National Consumer Law Center (on behalf of its low-income clients), Americans for Financial Reform Education Fund, and the Center for Responsible Lending wrote to the Federal Deposit Insurance Corporation
Consumer Advocate Groups Call on FDIC to Reject Ford Credit’s ILC Charter Application Read More »
“This is welcome and meaningful relief for former students drowning in education debt […] but it doesn’t solve the underlying problem of inadequate public support and high costs for education.”
NCRC Statement: Biden Student Debt Relief Is A Great Start – But More Must Be Done Read More »
Add your voice and expertise to the 2023 Just Economy Conference. The conference takes place March 29-30, 2023, in Washington, DC, and is preceded by NCRC’s member-only Hill Day on March 28. This is the national event for community, business, foundation, policy and government leaders who want a nation that not only promises but delivers
Call for 2023 Just Economy Conference Session Ideas Read More »
Regulators should act expeditiously to protect consumers who hold digital assets, the National Community Reinvestment Coalition (NCRC) wrote to the Treasury Department in a comment filed Monday. “We are past the point of speculating that digital assets might end up hurting people someday. Consumers are being hurt now, so it is important that regulators act
NCRC To Regulators: Act Now To Establish A Coherent Regulatory Regime For Digital Assets Read More »
“Significant changes will be required if the final rule is to deliver real progress in addressing the legacy of redlining in America.”
The National Community Reinvestment Coalition (NCRC) on Wednesday applauded a $24 million settlement to punish serious intentional discrimination and redlining in the Philadelphia area, and urged the courts to endorse disciplinary action against Berkshire-Hathaway subsidiary Trident Mortgage Company proposed by the Department of Justice (DOJ) and Consumer Financial Protection Bureau (CFPB). “Lending discrimination is a
Crosby brings direct city manager experience to House Financial Services Committee hearing on proposed overhaul of Community Reinvestment Act.
NCRC Board Chair Katy Crosby To Testify On Capitol Hill Read More »
The National Community Reinvestment Coalition (NCRC) on Friday opened applications for the final round of its $5 million Field Empowerment Fund (FEF).
The FDIC should penalize rent-a-bank practices that harm consumers, 40 consumer groups wrote in a letter.
Groups Urge Downgrade To CRA Rating For Utah-Based TAB Bank Read More »
The Supreme Court’s decision to strip away the constitutional right to an abor
Destruction Of Abortion Rights Is An Attack On Lower-Income People Read More »
The National Community Reinvestment Coalition (NCRC) filed a comment asserting that reviews of bank mergers must place a greater emphasis on the needs of the public. The Bank Merger Act specifically stipulates that bank mergers must benefit the public. Yet as mergers have halved the number of banks in the United States over the past
NCRC To Regulators: Reject Bank Mergers That Do Not Show Benefits To The Public Read More »
The National Community Reinvestment Coalition (NCRC) issues its first detailed analysis of proposed revisions to the Community Reinvestment Act regulations.
NCRC Issues Initial Analysis Of Historic Community Reinvestment Act Overhaul Proposal Read More »
The National Community Reinvestment Coalition (NCRC), Columbia Bank (Columbia) and Umpqua Bank (Umpqua) announced an $8.1 billion Community Benefits Plan (Plan) that builds on both bank’s commitment to advance economic opportunity for individuals and support small business formation in historically underserved communities throughout its footprint.
