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The CFPB’s consumer complaint database tells a story about our economy we need to hear

There is a little known public database of complaints about financial institutions that is garnering a lot of criticism from some banks and regulators. Despite this criticism, highly valuable information can be gleaned from these complaints that can help banks and other financial institutions better serve their customers. In 2010, when the Dodd-Frank Wall Street […]

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NCRC looks forward to working with the new FHFA Director on affordable housing

Yesterday, the U.S. Senate confirmed Mark Calabria as the new director of the Federal Housing Finance Agency (FHFA). Jesse Van Tol, CEO of the National Community Reinvestment Coalition (www.ncrc.org), made the following statement: “I want to congratulate Mark Calabria on his confirmation. We have worked with him over the years. “There have been numerous announcements

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Bloomberg: Wells Fargo CEO stumble puts bank in familiar state of disarray

“I thought it was very unusual, the aggressive approach that the OCC took in pushing this bank in the direction that it did,” John Taylor, president of the National Community Reinvestment Coalition and an outside adviser to Wells Fargo, said in an interview. “I don’t know what to make of it.”

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Business Wire: Fifth Third delivers $20.3 billion of its Community Commitment at conclusion of plan’s third year

Fifth Third’s $32 billion Community Commitment, influenced by the National Community Reinvestment Coalition and other community groups, is now being carried out with an initial $20.3 billion.

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Health equity and anchor institutions

Hospital systems, like banks and financial institutions, must invest in communities. With strong motivation from the Affordable Care Act, more hospital systems are collaborating successfully with community-based organizations to make long-lasting progress towards health equity. This session dives into the ways community groups can partner, conduct assessments, build community support and launch task forces to

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Advocating for transparency: Small business lending disclosures legislation

This session will give an overview of how California State Senate Bill 1235 was introduced (including brief Small Business Borrowers’ Bill of Rights (BBoR) history) and detail the process by which its supporters were able to get the bill passed. SB 1235 represents the first-ever Truth In Lending Act (TILA) disclosure for small-business financing in

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