In the News

The Board of Commissioners has hired Jeanetta Price, of Cleveland, as its executive director. She will start on March 15.

First Citizens Bank, Raleigh, N.C., will make $16 billion in loans and investments available for affordable housing, small business and community development financing between 2021 and 2025.

The National Community Reinvestment Coalition issued a study alleging that people in minority communities were more likely to submit complaints to the CFPB than those in predominantly white areas, and that banks were more likely to address concerns of consumers from predominantly white neighborhoods than those from minority areas.

The US Faster Payments Council (FPC), a membership organization devoted to advancing faster payments in the United States, today announced it has launched two new FPC Work Groups: Financial Inclusion and Real-Time Recurring.

The National Community Reinvestment Coalition, an organization that works to uphold fair housing, fair lending and consumer protection laws, issued the following news release:

Progressives and moderates are split over Michael Barr, the president’s likely nominee to become one of the banking industry’s top regulators.

Barr’s defenders point to his record of advocating for banking reform, and to his role in helping establish the Consumer Financial Protection Bureau

Despite efforts to support low-income neighborhoods across Boston, gentrification remains prevalent in the city — a consequence of the area’s affordable attraction, some residents say.

Gentrification could be playing a role in making once-affordable D.C. neighborhoods appear economically integrated.

The National Community Reinvestment Coalition (NCRC) and the Stavros Niarchos Foundation (SNF) today announced the launch of a major new initiative, the SNF Small Business Growth & Recovery Fund.

In 2020, Redfin concluded that Black homeowners are five times more likely to own in a formerly redlined neighborhood than in a “greenlined” one.

President Joe Biden signed several new executive orders on Tuesday that address racial equity

With Joe Biden in office and Kamala Harris, the nation’s first Black woman Vice President, at his side, there is reason to hope—and reason to doubt—that they are up for the challenge.

The number of bank branches in the U.S. has declined by 5.1% between 2017 and 2020 to just over 80,000, according to the National Community Reinvestment Coalition.