NCRC Endorses Rep. Maxine Waters Legislation To Overhaul Community Reinvestment Act
The bill has several particular strengths that would broaden CRA’s reach, increase its rigor and improve its ability to address racial inequities.
Press Releases
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Upstart Joins NCRC’s Innovation Council For Financial Inclusion
Upstart and NCRC are both committed to expanding access to credit through the responsible use of new technologies.
Consumer Advocate Groups Call on FDIC to Reject Ford Credit’s ILC Charter Application
Ford Motor Company should be denied deposit insurance for its proposed new Ford Credit industrial loan company (ILC) charter, the National Community Reinvestment Coalition (NCRC), the National Consumer Law Center …
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NCRC Statement: Biden Student Debt Relief Is A Great Start – But More Must Be Done
“This is welcome and meaningful relief for former students drowning in education debt […] but it doesn’t solve the underlying problem of inadequate public support and high costs for education.”
Call for 2023 Just Economy Conference Session Ideas
Add your voice and expertise to the 2023 Just Economy Conference. The conference takes place March 29-30, 2023, in Washington, DC, and is preceded by NCRC’s member-only Hill Day on …
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NCRC To Regulators: Act Now To Establish A Coherent Regulatory Regime For Digital Assets
Regulators should act expeditiously to protect consumers who hold digital assets, the National Community Reinvestment Coalition (NCRC) wrote to the Treasury Department in a comment filed Monday. “We are past …
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NCRC Files Final Comment Letter On Proposed Overhaul Of Community Reinvestment Act Regulations
“Significant changes will be required if the final rule is to deliver real progress in addressing the legacy of redlining in America.”
$24 Million Settlement Of Modern-Day Redlining Case In Philadelphia Shows Government Takes Lending Discrimination Seriously
The National Community Reinvestment Coalition (NCRC) on Wednesday applauded a $24 million settlement to punish serious intentional discrimination and redlining in the Philadelphia area, and urged the courts to endorse …
NCRC Board Chair Katy Crosby To Testify On Capitol Hill
Crosby brings direct city manager experience to House Financial Services Committee hearing on proposed overhaul of Community Reinvestment Act.
NCRC’s Field Empowerment Fund For Nonprofits And CDFIs Opens Final Round Of Grant Applications
The National Community Reinvestment Coalition (NCRC) on Friday opened applications for the final round of its $5 million Field Empowerment Fund (FEF).
Groups Urge Downgrade To CRA Rating For Utah-Based TAB Bank
The FDIC should penalize rent-a-bank practices that harm consumers, 40 consumer groups wrote in a letter.
Destruction Of Abortion Rights Is An Attack On Lower-Income People
The Supreme Court’s decision to strip away the constitutional right to an abor
NCRC To Regulators: Reject Bank Mergers That Do Not Show Benefits To The Public
The National Community Reinvestment Coalition (NCRC) filed a comment asserting that reviews of bank mergers must place a greater emphasis on the needs of the public. The Bank Merger Act …
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NCRC Issues Initial Analysis Of Historic Community Reinvestment Act Overhaul Proposal
The National Community Reinvestment Coalition (NCRC) issues its first detailed analysis of proposed revisions to the Community Reinvestment Act regulations.
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.
