NCRC

Citadel FCU Redlining Settlement Proves It’s Time To Bring Credit Unions Under Community Reinvestment Act Enforcement

A recent federal law enforcement settlement with Citadel Federal Credit Union illustrates why the Community Reinvestment Act’s (CRA) omission of credit unions from its rules is a dangerous mistake, a leading community development and financial regulation advocate said Tuesday. “It no longer makes sense to let credit unions out of the common-sense obligations that CRA

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Pennsylvania’s Hospital Merger Speedrun Will Hurt Patients. Here’s How They Can Do Better Next Time.

A $14 billion hospital merger that threatens to bring new hardship to rural Pennsylvanians was abruptly approved earlier this month, thwarting community expectations of a slower and more stringent review of the deal. The marriage of Jefferson Health and the Lehigh Valley Health Network creates the state’s second-largest nonprofit hospital system, affecting 30 hospitals and

Pennsylvania’s Hospital Merger Speedrun Will Hurt Patients. Here’s How They Can Do Better Next Time. Read More »

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