Next City, March 15, 2022, We Sat Through an 8-Hour Bank Merger Hearing So You Didn’t Have To
But Kennedy and others want to see all that in writing. She along with the California Reinvestment Coalition, the National Community Reinvestment Coalition and others all opposed the merger until U.S. Bank finalizes and commits in writing to that $100 billion plan. It would be the largest community reinvestment plan negotiated yet as part of a banking regulator approval process, topping the $88 billion community benefits agreement negotiated last year as part of PNC Bank acquiring the former BBVA.
