Community Groups Urge Tighter Rules For Bank Merger Reviews
Merger review processes have received new attention from the Biden administration, which is taking a ‘whole-of-government approach’ to reviving competition.
For interviews and other media requests, contact: media@ncrc.org
Merger review processes have received new attention from the Biden administration, which is taking a ‘whole-of-government approach’ to reviving competition.
The reopening of the US economy did not discourage banks from closing physical branch locations at an aggressive pace, new research from the National Community Reinvestment Coalition (NCRC) has found. “The banking industry is withdrawing from the most vulnerable communities in the country at an astounding clip despite the resumption of normal economic activity in …
Banks Closed Branch Locations At An Alarming Rate As US Economy Reopened Read More »
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.
Martin Gruenberg has the necessary judgment and experience to lead the FDIC and he deserves to be confirmed swiftly by the Senate.
The amended agreement will help provide stronger positive impact across the communities First Merchants serves.
Meet Larry Cain, the new Director of Finance at NCRC. Larry will be an important member of the finance team as he oversees management and internal operations of the department. Larry comes to NCRC with a passion for social justice and over 20 years of budgeting and finance experience. As Director of Finance, he will …
Meet Daniella Djiogan, the new Project Director of The DC Women’s Business Center. Daniella will be essential in the everyday operations of the organization as they continue to support women entrepreneurs in the Washington, DC area.
The cases arise from an investigation NCRC conducted in Baltimore with interracial couples acting as “mystery shoppers” probing appraisers for bias.
Millions of families who have been invisible to the mortgage industry will gain access to the generational wealth-building opportunity of homeownership.
Real estate appraisers discriminated against Black homeowners in a pioneering new “mystery-shopper” investigation, the first of its kind to be published.
‘The latest episode in a decade-long political crusade to kneecap the agency so that bad actors can go back to preying upon working-class families.’
The MCAP program will provide grants ranging from $20,000 to $50,000 for three to six organizations to support and scale microbusinesses owned by people of color.
“If even the titans of finance can be successfully discouraged from seeking ILC charters, that’s a win for the American consumer.”
We are excited to announce the #WelcomeMe social media contest!