In the News

The Tiger’s Roar, December 1, 2023, Cultural Shifts: An Investigative Piece About The Social Impacts Of Gentrification In Savannah’s Black Neighborhoods The National Community Reinvestment Coalition (NCRC) notes redlining as the beginning of gentrification. In the 1930s, the Home Owner’s Loan Corporation (HOLC) ranked cities across the U.S. by their investment risk. A district outlined […]

The Daily Targum, December 6, 2023, New Jersey Reparations Council, U. Community Panelists Discuss Reparations For Systemic Racism During public comments, Nichole Nelson, a senior policy advisor at the National Community Reinvestment Coalition, talked about racial barriers in homeownership in South Orange and Maplewood in Essex County. She also referenced her previous research on the county’s history of integration

Virginia Tech College of Liberal Arts, December 4, 2023, Alumnus Lorenzo “Zo” Amani Finds Purpose In Helping Others He took on a variety of positions in Washington, DC, and Boston – with the Federal Reserve, the US Treasury Department, and the National Community Reinvestment Coalition. Most of these jobs were full-time while he studied part-time for his Ph.D. in

Bakersfield Now, December 5, 2023, Wells Fargo Closing Oildale Branch In February 2024 Jason Richardson, Senior Director of Research for the National Community Reinvestment Coalition, said this is nothing new for one of America’s largest banks. “When the pandemic began, for the first six months nothing really happened,” Richardson said. “Then they started closing branches

BankingDive, December 4, 2023, House Votes To Repeal CFPB Small-Business Data Collection Rule Jesse Van Tol, CEO of the National Community Reinvestment Coalition, meanwhile, said, “Today’s vote for a move President Biden will veto was a pointless show put on for bank industry donors who still don’t know how to say yes to a good idea.”

VPM, December 4, 2023, How Richmond’s Business Makeup Doesn’t Match Its Residents A 2021 study of Paycheck Protection Program lending in Washington, D.C., conducted by the National Community Reinvestment Coalition, found evidence of explicit racial bias. In another study from 2018, NCRC sent “mystery shoppers” into banks to track their experiences. Black testers were less likely to be approached

The US Sun, December 4, 2023, Chase Among 10 Banks Filing To Close 60 Branches In One Week But Customers Face ‘Unregulated’ Dangers A report from the National Community Reinvestment Coalition found that when there are fewer branches in an area, more people use “alternative financial services that open them to unregulated and predatory financial

Citybiz, December 4, 2023, Prosperity Now Names Marisa Calderon CEO Calderon, an experienced executive who is regularly recognized, awarded, and cited nationwide for her expertise in the housing and financial services industries, most recently served as the executive director at the NCRC Community Development Fund (NCRC CDF) and as chief of community finance and mobility at

American Banker, December 1, 2023, House Votes To Nullify CFPB Small-Business Data Rule “Today’s vote for a move President Biden will veto was a pointless show put on for bank industry donors who still don’t know how to say yes to a good idea,” said Jesse Van Tol, president and CEO of the National Community

Bloomberg Law, December 1, 2023, CFPB Small Business Rule Repeal Clears House, Courts Veto (1) National Community Reinvestment Coalition President and CEO Jesse Van Tol said the House put on a “pointless show” for donors. “All the House majority accomplished today was to make their next phone call with a bank lobbyist go a little

NTD, November 26, 2023, 64 US Bank Branches File To Shut Down In A Single Week—Are You Affected? The recent closures are part of a long-term branch shutdown trend that has been ongoing over the past several years. A report from the National Community Reinvestment Coalition shows that between 2017 and 2021, 9% of all bank branches

NewsBreak, November 25, 2023, Banking Crisis Deepens: Additional Tennessee Closures Heighten Customer Worries CNBC reports that “according to the National Community Reinvestment Coalition, one-third of the branches closed from 2017 to 2021 occurred in areas that were predominately lower-income and minority areas.”

4WWL, November 20, 2023. ‘They Became White Neighborhoods Almost Overnight’ – Katrina Supercharged N.O. Gentrification In a 2020 study by the National Community Reinvestment Coalition, New Orleans ranked 5th in the country’s 20 most gentrified cities. New Orleans is now a city where the cost of living has surpassed the rate of pay for many

CSRwire, November 17, 2023, Thought Leaders Gather For Critical Community Development Conversation At PNC’s Second Annual Community Leadership Symposium Moderated by PNC’s Chief Diversity Officer Gina Coleman, Retail Banking Alex Overstrom and head of C&IB Mike Lyons, a series of panel conversations centered around compelling community investment topics emphasizing best practices in economic inclusion, affordable

Banking Dive, November 15, 2023, First Citizens Unveils Updated $6.5B Community Benefits Plan The updated plan comes as a “huge relief” for the communities that stood to lose out on the investments following SVB’s collapse in March, Jesse Van Tol, CEO of the National Community Reinvestment Coalition, said in a statement Tuesday.  “First Citizens is