The CFPB Wants To Put You Back In Charge Of Your Personal Financial Data
The CFPB thinks that your personal data should belong to you, not your bank.
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banking
Report: New York Banks Treated White Small Business Owners Better Than Non-Whites
Minority-owned businesses and Black-owned businesses inquiring about small business loans faced racial discrimination in NCRC’s latest mystery-shopper test.
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NCRC STATEMENT: Figure Bank’s Decision To Abandon Pursuit Of A Federal Banking Charter Is Good News For Communities And Consumers
Figure Bank’s application for an OCC banking charter would have helped fintech companies crack the foundations of the Community Reinvestment Act.
NCRC Announces $50 Billion Community Benefits Agreement With TD Bank
TD Bank will commit $50 billion in investments, lending, philanthropy and other services for diverse and underserved communities as it acquires First Horizon.
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NCRC Supports COVID-19 Housing And Financial Protections For Individuals and Small Businesses
The coronavirus is quickly spreading across America, raising concerns that aren’t only health related. While the full economic implications of the disease are still unknown, what we do know is that the people who will face the biggest financial impacts of COVID-19 are the same people who are already financially strapped.
Do CRA Exams Measure Retail Lending Well?
As we get closer to proposed changes to the Community Reinvestment Act (CRA), a sober assessment of the effectiveness of various parts of CRA exams will help us react to the proposed changes.
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USA Today: Africa’s banks are doing what U.S. banks aren’t: Winning
According to a report published Wednesday by McKinsey, a consultancy, one area of the world where the banking industry is flourishing is Africa.
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Senate plan helps banks, not the economy
Senate Banking Chairman Mike Crapo (R-Idaho) released the text of bipartisan “Economic Growth” legislation, which rolls back valuable fair lending requirements and protections from the dangerous banking practices that led to the 2008 financial crisis.
“This legislation will grow economic inequality rather than our economy, as its name suggests” said John Taylor, President and CEO of the National Community Reinvestment Coalition. “In the midst of several financial scandals, politicians on both sides of the aisle have again proven that their allegiances to Wall Street far surpass their promises to Main Street.”
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NCRC Applauds Passage of Community Development Amendment Act in Washington, DC
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) applauded the Washington, DC City Council’s passage of a responsible banking ordinance, which will require banks bidding on municipal deposits and investments to submit community development plans describing the loans, investments, and bank services they would provide to minority and modest-income neighborhoods. “We applaud the
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NCRC Releases Report on the Need for Age-Friendly Banking
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) released a new report entitled “A New Dawn: Age-Friendly Banking.” The paper provides an overview of the current economic vulnerability of older adults and proposes a core set of age-friendly banking principles. “In what is becoming an increasingly challenging economic environment for older adults, it
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A New Dawn: Age-Friendly Banking
Washington, DC online pharmacy buy amaryl online with best prices today in the USA – Today, the National Community Reinvestment Coalition (NCRC) released a new report entitled “A New Dawn: Age-Friendly Banking.” The paper provides an overview of the current economic vulnerability of older adults and proposes a core set of age-friendly banking principles. To
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NCRC Applauds Nomination of Janet Yellen as Federal Reserve Chair
online pharmacy buy levaquin with best prices today in the USA Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) applauded the nomination of Federal Reserve Board Governor Janet Yellen to lead the Federal Reserve Board. NCRC President and CEO John Taylor made the following statement: “Janet Yellen is an excellent regulator who is responsive
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NCRC Releases Analysis of Bank Account Complaints
Washington, DC – Today, the National Community Reinvestment Coalition released an analysis of bank account complaints from the Consumer Financial Protection Bureau’s (CFPB) Consumer Complaint Database. This analysis reveals that predominantly minority communities were more likely to submit complaints about poor service related to bank accounts than predominantly white communities. For example, predominantly African-American zip
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NCRC Analysis of Bank Account Complaints by ZIP Code
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NCRC Applauds Passage of Local Responsible Banking Ordinance in Minneapolis
Washington, DC – Today, in reaction to the Minneapolis City Council’s passage of a local responsible banking ordinance, National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement: online pharmacy buy lariam online no prescription “We applaud the passage of a local responsible banking ordinance in Minneapolis. We congratulate NCRC member
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