Testimony & Regulatory Comments

(Download) The Honorable Martin Gruenberg Acting Chair of the Board The Federal Deposit Insurance Corporation 550 17th Street, NW Washington, D.C. 20429  The Honorable Michael Hsu Acting Comptroller of the Currency Office of the Comptroller of the Currency 400 7th Street, SW Washington, D.C. 20219 The Honorable Michael Barr Vice Chair for Supervision Board of …

NCRC and its Coalition Call on Regulators to Reform Bank Merger Reviews. All Mergers Must Result in Benefits for the Public Read More »

(Download) Office of the Secretary Federal Trade Commission 600 Pennsylvania Avenue, NW Suite CC-5610 (Annex B) Washington, DC 20580  Re:  Response to Advance Notice of Proposed Rulemaking on Trade Regulation on Surveillance and Data Security, “Commercial Surveillance, R111004.” Dear Secretary: The National Community Reinvestment Coalition (NCRC) welcomes the opportunity to comment on the Federal Trade Commission’s (FTC) …

NCRC Response to Advance Notice of Proposed Rulemaking on Trade Regulation on Surveillance and Data Security, “Commercial Surveillance, R111004.” Read More »

(Download) October 31, 2022 The Honorable Sandra Thompson Director Federal Housing Finance Agency 400 7th Street, SW Washington, DC 20024 Dear Director Thompson, The National Community Reinvestment Coalition (NCRC) appreciates this opportunity to share insights on the structure and role of the Federal Home Loan Bank System (FHLBs). This written response includes and expands upon …

NCRC Calls for Reforms to Federal Home Loan Bank System Read More »

(Download) August 8, 2022 Natalia Li Deputy Director Office of Financial Institutions Policy Department of the Treasury 1500 Pennsylvania Ave. NW Washington, DC 20220 RE: Docket 2022-14588 Ensuring Responsible Development of Digital Assets Dear Ms. Li: Thank you for the opportunity to comment on these questions. The National Community Reinvestment Coalition (NCRC) is an association …

NCRC Comment on Responsible Development of Digital Assets Read More »

(Download) Chief Counsel’s Office Office of the Comptroller of the Currency 400 7th Street SW, Suite 3E-218 Washington, DC 20219 Ann E. Misback Secretary Board of Governors of the Federal Reserve System 20th Street and Constitution Avenue NW Washington, DC 20551 James P. Sheesley Assistant Executive Secretary Federal Deposit Insurance Corporation 550 17th Street NW …

NCRC’s Full Public Comment Letter On Community Reinvestment Act Interagency Rulemaking Read More »

(Download) “Better, Together: Examining the Unified Proposed Rule to Modernize the Community Reinvestment Act” House Financial Services Subcommittee on Consumer Protection and Financial Institutions, July 13, 2022 I am honored to testify before you today on the proposed regulatory reform of the Community Reinvestment Act. I am the board chairperson of the National Community Reinvestment …

Testimony of Catherine Crosby, Town Manager, Town of Apex; Board Chairperson, National Community Reinvestment Coalition Read More »

(Download) June 30, 2022 Janet R. Kincaid Deputy Regional Director Federal Deposit Insurance Corporation 25 Jessie Street at Ecker Square, Suite 2300 San Francisco, CA 94105 RE: Community Reinvestment Exam for TAB Bank Honorable Deputy Regional Director Kincaid: The National Community Reinvestment Coalition and the undersigned groups believe that the practices discussed in this comment …

40 Groups Urge FDIC To Downgrade TAB Bank Read More »

The following sample resolution provides the history, purpose, and some of the basic functions of CRA and includes the key principles that are critical to preserve in the on-going regulatory reform effort by the nation’s bank regulators. This template is a start and can be adapted by non-profits, localities, state legislatures and other governing bodies moved for immediate adoption. It should …

Resolution To Protect The Community Reinvestment Act – To Ensure That Efforts To Modernize Regulations Do Not Undermine The Intent Of The Law Read More »

(Download) May 30th, 2022 James P. Sheesley Assistant Executive Secretary Federal Deposit Insurance Corporation 550 17th St. NW Washington, DC 20429 Regarding: Request for Comment on Rules, Regulations, Guidance, and Statement of Policy on Bank Merger Transactions (RIN 3064-ZA31) Sent by electronic mail to comments@fdic.gov Dear Mr. Sheesley: The National Community Reinvestment Coalition (NCRC) appreciates that the …

Regarding: Request for Comment on Rules, Regulations, Guidance, and Statement of Policy on Bank Merger Transactions (RIN 3064-ZA31) Read More »

Ann E. Misback Secretary Board of Governors of the Federal Reserve 230 S LaSalle Street Chicago, IL 60604 RE: CBDC Benefits, Risks, and Policy Considerations Sent via electronic mail to digital-innovations@frb.gov Dear Secretary Misback: We appreciate the opportunity to provide our comments on the subject of a Federal Reserve central bank digital currency (CBDC). The National …

NCRC Calls on Federal Reserve to Refrain from Issuing CBDC Read More »

(Download) April 22, 2022 Ms. Ann E. Misback Secretary Board of Governors of the Federal Reserve System 20th Street and Constitution Avenue NW Washington, DC 20551 Submitted electronically to regs.comments@federalreserve.gov Re:       Docket No. OP-1765: Supplemental Notice and Request on Guidelines for Evaluating Account and Services Requests. Dear Secretary Misback: The Center for Responsible Lending, National Community Reinvestment …

NCRC, Partner Groups Submit Letter to Federal Reserve on Requiring Deposit Insurance and Supervision For All Financial Institutions That Receive Master Accounts Read More »