The new community benefits agreement with First Financial Bank builds on prior success.
Community Benefits Agreement
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.
Santander Holdings USA, Inc. and NCRC announce a new community benefits agreement focused on community development and sustainable finance.
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.
TD Bank will commit $50 billion in investments, lending, philanthropy and other services for diverse and underserved communities as it acquires First Horizon.
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
Customers and communities win $40 billion in tangible commitments from pending bank merger.
The amended agreement will help provide stronger positive impact across the communities First Merchants serves.
Video: M&T Bank, NCRC Members Discuss Community Benefits Agreement Process At 2022 Just Economy Conference
Bank executive Mike Keegan reflects on the importance of community benefits agreements.
NCRC, Columbia Bank and Umpqua Bank Complete $8.1 Billion Community Benefits Plan to Advance Economic Opportunity for Underserved Communities
The National Community Reinvestment Coalition (NCRC), Columbia Bank (Columbia) and Umpqua Bank (Umpqua) announced an $8.1 billion Community Benefits Plan (Plan) that builds on both bank’s commitment to advance economic opportunity for individuals and support small business formation in historically underserved communities throughout its footprint.
U.S. Bancorp today announced a more than $100 billion, five-year community benefits plan, developed in partnership with the National Community Reinvestment Coalition (NCRC) and the California Reinvestment Coalition (CRC), as part of the planned acquisition of MUFG Union Bank.