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NCRC Comment To CFPB: Enhancing Public Data On Auto Lending

By / / Testimony & Regulatory Comments / 28 minutes of reading

December 19, 2022 Comment Intake Auto Lending Data Gaps Consumer Financial Protection Bureau 1700 “G” St., NW Washington, DC 20052 RE: Enhancing Public Data on Auto Lending, Document ID CFPB-2022-0075-0001 Dear Sirs: Please accept this comment from the National Community Reinvestment Coalition. The National Community Reinvestment Coalition and its grassroots member organizations create opportunities for […]

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Video: Understanding financial statements to better operate your business

By / / NCRC Videos / 34 minutes of reading

Online Event Archive Recorded December 19, 2022 Join our webinar for insights on decoding your financial statements to strategically operate and grow your business. In this session, you’ll gain knowledge on: Developing and examining key financial statements, including the balance sheet, profit and loss statement, cash flow statement, and other essentials. Effectively budgeting and creating

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Request for Proposals

By / / Inside NCRC / 3 minutes of reading

National Training Academy NCRC’s National Training Academy is looking to expand our team of training professionals. We’re currently looking for instructors who are experienced in leading in-person and virtual learning sessions on housing counseling, small business development, fair lending and the Community Reinvestment Act. ORGANIZATION BACKGROUND The National Community Reinvestment Coalition and its grassroots member

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Banks Closed Branch Locations At An Alarming Rate As US Economy Reopened

By / / Press Releases / 2 minutes of reading

The reopening of the US economy did not discourage banks from closing physical branch locations at an aggressive pace, new research from the National Community Reinvestment Coalition (NCRC) has found. “The banking industry is withdrawing from the most vulnerable communities in the country at an astounding clip despite the resumption of normal economic activity in

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

By / / Testimony & Regulatory Comments / 31 minutes of reading

(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

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REPORT: KeyBank Promised To Improve, Then Became The Worst Major Mortgage Lender For Black Homebuyers

By / / Press Releases / 3 minutes of reading

Among the 50 biggest mortgage lenders, KeyBank ranked last on one important metric of racial inclusion. KeyBank’s broken promises to Black America have prompted a leading economic justice organization to break ties with the bank.

Broken Promises To Black America Prompt Community Advocate To Break Ties With Bank

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REDLINED: KeyBank Continues to Fail Black America Despite Its Commitments to Improve

By / / Research / 24 minutes of reading

KeyBank disregarded commitments to improve lending to Black homeowners and potential homeowners.  Federal data shows KeyBank now ranks at the bottom among the 50 largest mortgage lenders in the nation in the percentage of its borrowers who are Black, live in majority-minority or LMI neighborhoods and are people of color.

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NCRC Letter to ICIC on Opportunities and Challenges in Federal Community Investment Programs

By / / Testimony & Regulatory Comments / 21 minutes of reading

(Download) December 5, 2022 Interagency Community Investment Committee (ICIC) U.S. Department of the Treasury U.S. Small Business Administration U.S. Department of Commerce U.S. Department of Transportation U.S. Department of Housing and Urban Development U.S. Department of Agriculture Re: Notice and Request for Information on Opportunities and Challenges in Federal Community Investment Programs, 87 Fed. Reg.

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