NCRC and Rise Economy Announce $2.5 Billion Expansion of Columbia Bank’s Community Benefits Agreement to Support California Communities
Columbia Bank’s expanded Community Benefits Agreement commits a further $2.5 billion to California communities.
Community Benefits Agreement
Detroit’s LOVE Building: A Communal Space for Joy, Belonging and Connection
The idea for the LOVE Building in Detroit began with a question asked while its founders were in line for a bathroom at a community party in 2016: What if we did more than plan events together? What if we built something together for ourselves and our community? The people asking were the longtime leaders
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National Community Reinvestment Coalition and Atlantic Union Bank Announce Enhanced Community Impact Plan to Support Underserved Communities
“I’m pleased to welcome Atlantic Union Bank to our ever-growing family of community benefit plan partners,” said Jesse Van Tol, President and CEO of NCRC.
NCRC And Old National Bancorp Announce Addendum to Increase Community Growth Plan to $11.1 Billion
The National Community Reinvestment Coalition and Old National Bancorp announced a $1.6 billion addendum to Old National’s multi-year Community Growth Plan.
NCRC And SouthState Bank Announce $8.3 Billion Plan To Support Underserved Communities
The $8.3 billion five-year community plan will bring significant new resources to communities across SouthState Bank’s footprint.
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NCRC And First Financial Bank Announce $2.4 Billion Community Benefits Agreement
The new community benefits agreement with First Financial Bank builds on prior success.
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NCRC, Old National Announce $1.2 Billion Addendum To Increase Community Growth Plan To $9.5 Billion
An expanded community benefit agreement pursuant to the pending bank merger between Old National and CapStar.
NCRC And First Citizens Announce $6.5 Billion Expansion Of Community Commitments In California And Massachusetts
The National Community Reinvestment Coalition (NCRC) and First Citizens Bank today announced an amendment to their previous community benefits agreement, extending the bank’s longstanding community support to Northern California and Massachusetts following its March acquisition of Silicon Valley Bank (SVB). The additional commitment, which recognizes pre-existing Silicon Valley Bank relationships, establishes a new $6.5 billion
When Regulators Overhaul Bank Merger Rules, They Should Heed Key Lessons From NCRC’s Community Benefits Agreements
Biden officials want to strengthen bank merger review guidelines. Here’s what they can learn from NCRC’s work with banks.
NCRC And Santander US Unveil New Community Plan
Santander Holdings USA, Inc. and NCRC announce a new community benefits agreement focused on community development and sustainable finance.
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KeyBank’s New Racial Equity Audit Contradicts Its Initial Denials Of Redlining And Other Lending Failures In Black Communities
“KeyBank knew they violated their promises to marginalized communities, but chose to…prioritize damage control over doing the right thing.” — Jesse Van Tol
Video: TD Bank President And CEO Leo Salom Addresses First Horizon Merger, CBA At 2023 Just Economy Conference
A pre-recorded message to the 2023 Just Economy Conference from TD Bank President and CEO Leo Salom regarding the Community Benefits Agreement tied to the TD-First Horizon merger.
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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Why We’re Breaking Up With KeyBank
The Cleveland-based mortgage lender abandoned Black America and broke its promises to community groups.
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REPORT: KeyBank Promised To Improve, Then Became The Worst Major Mortgage Lender For Black Homebuyers
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