In the News

Berkeleyside, April 4, 2025, Credit Union Plans To Close Downtown Berkeley Location Since March 2020, more than 4,000 bank branches have closed nationwide, according to a 2022 study by the National Community Reinvestment Coalition. Wells Fargo permanently closed its West Berkeley branch at 1095 University Ave. in January 2022, citing the popularity of online banking, which accelerated during

Payments Dive, April 6, 2025, Cap One-Discover Deal Detractors Assail Reported DOJ Approval The DOJ assent is “a little surprising and concerning” given earlier media reports that Justice Department antitrust staff had raised questions about the deal, said Jesse Van Tol, president and CEO of the National Community Reinvestment Coalition, which has urged regulators to block Discover’s

The New York Times, April 3, 2025, Capital One Deal for Discover Clears Justice Dept. Hurdle Jesse Van Tol, the chief executive of the National Community Reinvestment Coalition, which has been opposing the deal since it was announced, said Capital One’s acquisition of Discover would allow one of the country’s biggest credit card issuers to

Next City, March 28, 2025, Trump Admin Targets Key Policy for Closing Gaps in Access to Home Loans and More “The concern is that this sends a strong signal that the administration is anti-special purpose credit programs,” says Jesse Van Tol, CEO of the National Community Reinvestment Coalition. News of the order came out on

Banking Dive, March 28, 2025, Acting Comptroller Hood Revamps OCC Unit “This work cannot be done in a vacuum and takes collaboration and partnership with organizations like [National Community Reinvestment Coalition] that play a vital role,” Hood said while speaking at a NCRC conference. “There is still much that needs to be done,” he said, noting

Spectrum News, March 19, 2025, Could a new approach make homeownership accessible to more Americans? “They used four primary colors – green and blue, for the areas that were nicer, yellow for areas that were declining, and then red for neighborhoods that they considered hazardous,” said Jason Richardson, the senior director of research at the National

The Grio, March 18, 2025, Trump’s Elimination of Federal Employees Could Shrink The Black Middle Class According to the National Community Reinvestment Coalition, “The decades long progress made by Black federal employees is in serious danger of being upended in a fraction of time it took to build.” The advocacy organization added, “Federal employment opportunities provide

The Century Foundation, March 13, 2025, Dual-Language Immersion Programs and School Diversity in the Bay Area 1. Identify priority campuses for new DLI programs. Districts should, whenever possible, establish new DLI programs on campuses with significant numbers of ELs and/or native speakers of the potential DLI program’s non-English partner language. The precise EL enrollment threshold may vary:

United States Senate Committee On Banking, Housing, and Urban Affairs, March 11, 2025, Warren, Warnock, Cleaver Re-Introduce Comprehensive Bill to Lower Housing Costs and Address Housing Crisis More than 50 non-profit organizations, ranging from unions to housing advocates, have endorsed the bill, including the Leadership Conference on Civil and Human Rights, the National Low Income

The Eagle, May 21, 2025, DC’s Go-Go Museum & Café Officially Opens To Public Don’t Mute D.C. and the celebration of the city’s Go-Go music history is a small part of the conversation around gentrification in the District. More than 20,000 Black Washingtonians were displaced from gentrification from 2000 to 2013, according to the National Community Reinvestment

Yahoo! Finance, March 3, 2025, Redlining In Real Estate: How Discriminatory Practices Still Affect Black Communities According to Q4 2024 Federal Reserve Economic Data (FRED), over 74% of white residents own their homes — a stark difference from the 46.4% homeownership rate for Black residents. Limited access to credit, institutionalized by redlining, is just one

Navajo-Hopi Observer, March 18, 2025, Change Labs Offers Navajo Entrepreneurs Tools For Business Success After working with the nonprofit, her company has won the Phoenix Indian Center’s Business of the Year for the American Indian Excellence in Leadership Award in 2024. Change Labs receives funding from a variety of places, including Wells Fargo Bank’s Invest

The Banker, February 18, 2025, What’s next for the Consumer Financial Protection Bureau? Critics say the move effectively stops the CFPB from doing much of its work. Jesse Van Tol, president of the National Community Reinvestment Coalition, a non-profit organisation, said Vought is “illegally trying to shut down a congressionally created agency”, referring to the

Politico, February 14, 2025, DOGE discussing Housing Department layoffs “I’m not particularly optimistic about DOGE’s impact on federal agencies,” said Jesse Van Tol, the president and CEO of the National Community Reinvestment Coalition, a group of nonprofits that promote economic development Van Tol said the impact of DOGE’s HUD layoffs would reverberate quickly. “You shut

BET, February 6, 2025, The Timeline: Black Homeownership Generational wealth is at stake as the fight for Black homeownership continues under a government hostile to equity. “I’m pretty concerned that we’re going to see two things: the first will be a lack of enforcement so that lenders who are not lending in redlined communities, who