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Links to media coverage of NCRC.
To request an interview with NCRC experts, send a note to: media@ncrc.org.

Candid: TD Bank Plans $10B ‘Home Ownership Investment’ Focused On Boston, Five Other Cities

Candid, January 23, 2024, TD Bank Plans $10B ‘Home Ownership Investment’ Focused On Boston, Five Other Cities The $20 billion, three-year effort was developed with help from the National Community Reinvestment Coalition, a press release issued by the bank Wednesday said. The plan will also help TD Bank fulfill its Community Reinvestment Act obligations to […]

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GovLoop: The Best Government Conferences Of 2024

GovLoop, January 25, 2024, The Best Government Conferences Of 2024 Just Economy Conference April 2 – 4, 2024 | Washington, D.C. | #JustEconomy The Just Economy Conference is a national event for community, business, foundation, policy and government leaders who want a nation that not only promises but delivers opportunities for all Americans to build wealth and live well.

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Newsbreak: Pennsylvania Faces Banking Transformation: Ten More Branches Announce Closures This Month

Newsbreak, January 26, 2024, Pennsylvania Faces Banking Transformation: Ten More Branches Announce Closures This Month This wave of closures is not isolated to Pennsylvania but is part of a broader national trend. Between 2017 and 2021, nearly 7,000 bank branches, accounting for nine percent of all U.S. locations, ceased operations. This decline in physical banking facilities has

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CNBC: If Your Local Bank Branch Has Closed For Good, You’re Not Alone – Here’s What You Can Do

CNBC, January 24, 2024, If Your Local Bank Branch Has Closed For Good, You’re Not Alone – Here’s What You Can Do While this trend is widespread, it’s been hitting low-income and majority-minority communities even harder. According to the National Community Reinvestment Coalition, one-third of the branches closed from 2017 to 2021 occurred in areas that

CNBC: If Your Local Bank Branch Has Closed For Good, You’re Not Alone – Here’s What You Can Do Read More »

NJBIZ: TD Bank Commits $20B To 3-year Community Impact Plan

NJBIZ, January 26, 2024, TD Bank Commits $20B To 3-year Community Impact Plan Developed with the National Community Reinvestment Coalition, the plan is a smaller-scale outline than the five-year, $50 billion vision TD Bank announced in February 2023. That version was contingent on a $13.4 billion planned merger with First Horizon Corp., which was called off in May 2023. 

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Politico: A Bank Merger ‘Mirage’

Politico, January 30, 2024, A Bank Merger ‘Mirage’ National Community Reinvestment Coalition President and CEO Jesse Van Tol said some of the broad highlights Hsu laid out are “promising.” He cited Hsu’s decision to end “default approval” of some mergers and his commitment to launch a public database on the agency’s merger reviews.

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HousingWire: First Financial Bank To Invest $700M By 2028 In Affordable Mortgage

HousingWire, January 30, 2024, First Financial Bank To Invest $700M By 2028 In Affordable Mortgage Cincinnati-based First Financial Bank has agreed to direct $2.4 billion in the next five years for lending and investments to low- and moderate-income (LMI) clients and census tracts, with 30% of the total tied to mortgage lending. The initiative is part of a community benefits agreement

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MarketWatch: Fed, Markets On Collision Course; 5 Other Things To Know Before Market Opens

MarketWatch, January 30, 2024, Fed, Markets On Collision Course; 5 Other Things To Know Before Market Opens National Community Reinvestment Coalition CEO Jesse Van Tol said the plan is a positive step, and that changing the approval process shouldn’t be considered an effort to stymie corporate tie-ups but to create a balanced system that will ensure

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Iowa Capital Dispatch: MLK Would Have Been 95 This Year. Let’s Make His Dream A Reality.

Iowa Capital Dispatch, January 15, 2024, MLK Would Have Been 95 This Year. Let’s Make His Dream A Reality. This January marks what would have been Dr. Martin Luther King, Jr.’s 95th birthday. Nearly a century after the late civil rights leader’s birth, it’s a good time to reflect on the work still to be

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The St. Louis American: December Jobs Report Holds Good News For Black Workers

The St. Louis American, January 9, 2024, December Jobs Report Holds Good News For Black Workers Dedrick Asante-Muhammad and Joseph Dean state in a National Community Investment Coalition (NCRC) analysis, “The labor market continues to show strengths not seen in decades, with unemployment rates below the 4% threshold defined as “full employment” for the past two

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The Nevada Independent: Indy Explains: How Have Discriminatory Housing Practices Shaped Vegas’ Historic Westside?

The Nevada Independent, January 5, 2024, Indy Explains: How Have Discriminatory Housing Practices Shaped Vegas’ Historic Westside? According to the equity-focused National Community Reinvestment Coalition, the federal government made redlining maps for 140 metropolitan cities in the 1930s. No city in Nevada was on the list.

The Nevada Independent: Indy Explains: How Have Discriminatory Housing Practices Shaped Vegas’ Historic Westside? Read More »

The Portland Medium: The Future Of Reparations And Economic Equality

The Portland Medium, January 1, 2024, The Future Of Reparations And Economic Equality An estimated 250,000 people came to the nation’s capital in August 1963, according to the National Park Service. (The NAACP puts the number closer to 260,000.) A partnership between the National Community Reinvestment Coalition and the Institute for Policy Studies spurred the report, which looks

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Scene: An Advocacy Group Labeled KeyBank The Worst Lender For Black Homebuyers. The Bank Says It’s Changed

Scene, December 22, 2023, An Advocacy Group Labeled KeyBank The Worst Lender For Black Homebuyers. The Bank Says It’s Changed In November, the National Community Reinvestment Coalition, a housing advocacy group based in Washington, D.C., released a data report lambasting KeyBank for failing on a longstanding promise to pursue social and racial equity. The financial institution, the

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HousingWire: 3 Steps Real Estate Agents Can Take To Make A Big Difference In Housing Affordability

HousingWire, December 11, 2023, 3 Steps Real Estate Agents Can Take To Make A Big Difference In Housing Affordability “KeyBank made 19.2% of its home purchase loans for the year to low- and moderate-income (LMI) borrowers, down from 19.7% in 2021. This modest but significant one-year decline understates KeyBank’s longer-term performance for non-wealthy families seeking

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Industry News: Report Shows Need For Mortgage Solutions On Tribal Lands

Industry News, December 11, 2023, Report Shows Need For Mortgage Solutions On Tribal Lands A report released by the National Community Reinvestment Coalition and the Native Community Capital found traditional financial services are struggling to serve communities on and near tribal lands. The report was conducted after Community Reinvestment Act (CRA) regulations were changed this

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