Race, Jobs, and the Economy November 2023 Update: Strong Economic Indicators For African Americans Yet Pessimism In Alleviating Racial Inequality
What can the November jobs report tell us about the future of racial economic inequality?
What can the November jobs report tell us about the future of racial economic inequality?
Cleveland, November 16, 2023, Advocacy Organization Says KeyBank’s Lending Record Got Worse In 2022 The National Community Reinvestment Coalition had already said that KeyBank’s mortgage lending got worse, instead of better, while the two organizations worked together from 2018 to 2021. In a new report released Thursday, the advocacy organization said the trend continued in
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Crain’s Cleveland, November 16, 2023, Report Shows KeyBank Remains Worst Mortgage Lender For Black, Low-Income Homebuyers A year after being dubbed the “worst major mortgage lender for Black homebuyers,” KeyBank’s mortgage lending track record for Black and low-income borrowers looks even worse, according to the latest analysis from the National Community Reinvestment Coalition.
Buffalo News, November 16, 2023, KeyBank Again Criticized By Coalition Over Lending Practices A national coalition of community groups is again criticizing KeyBank over its track record of home purchase loans with Black and low-income borrowers. The National Community Reinvestment Coalition claims Key’s results worsened since the organization released a similar report last December. The
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AP News, November 16, 2023, First Citizens Announces Expanded Commitment To Communities In Northern California And Eastern Massachusetts First Citizens Bank today announced an amendment to its existing Community Benefits Plan agreement with the National Community Reinvestment Coalition (NCRC) and its members that extends the bank’s longstanding community support to Northern California and Massachusetts following
News Pub, November 16, 2023, Podcast: Today In Ohio – KeyBank KeyBank has been rightfully blasted in the recent past for its poor record of lending in marginalized communities. Is it doing any better? The National Community Reinvestment Coalition, which is a fair lending advocate, released a report yesterday that found KeyBank mortgage lending in
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BET, November 16, 2023, What’s In The New CRA Rules That Are Intended Finally To End Discriminatory Lending Practices? Federal banking regulators are attempting to update a policy that has, over time, not lived up to its design to make homeownership and wealth creation more accessible for African Americans. The plan is to get banks
WisBusiness, November 16, 2023, Color Bold: Support Local Black, Indigenous And People Of Color (BIPOC)-Owned Businesses With The ColorBold Business Association Inc. ColorBold Business Association Inc., a resource for all people of color locally, nationally and globally headquartered in Green Bay, Wisconsin, is encouraging people in the Northeast Wisconsin region to take advantage of all the benefits of supporting
The Maine Campus, November 16, 2023, Are There Valid Clauses to Re-Evaluate UMaine’s Native Scholarship Program? A formal complaint was filed to the US Department of Education’s Office for Civil Rights (OCR) in dispute of the University of Maine scholarship programs designated for Native American students. It was submitted by an individual by the name
A user’s guide to the new Community Reinvestment Act final rule: What’s new, what’s the same, and how will it affect you?
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A new report maps severe financial neglect across Indian Country in the American southwest — and offers solutions.
An unprecedented analysis maps the shape and depth of economic despair in the Native American southwest.
NCRC’s membership spans more than 700 local, state and regional nonprofits, educational and faith-based institutions and government entities across the nation. Welcome to our new organizational members in November 2023: View a map of all our members. If your organization isn’t yet a member, check out the options here. And if your organization is ineligible, you
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House Republicans’ doomed attempt to repeal section 1071 small business lending data rules is a pointless performance for their bank industry donors.
Online Event Archive Recorded November 14, 2023 Can smart applications of financial technology give small businesses a competitive edge? Check out innovative products that allow small businesses to more efficiently manage capital flow and to provide valuable benefits to their employees with minimal cost. Hear from the entrepreneurs behind these products directly, and consider how
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