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.
Press Releases
For interviews and other media requests, contact: media@ncrc.org
Banks Closed Branch Locations At An Alarming Rate As US Economy Reopened
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 »
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
NCRC Announces $40 Billion Community Benefits Plan With BMO Harris Bank
Customers and communities win $40 billion in tangible commitments from pending bank merger.
NCRC Supports Nomination Of Martin Gruenberg To Head FDIC
Martin Gruenberg has the necessary judgment and experience to lead the FDIC and he deserves to be confirmed swiftly by the Senate.
NCRC Announces Expanded Community Benefits Agreement With First Merchants Bank
The amended agreement will help provide stronger positive impact across the communities First Merchants serves.
NCRC Hires Larry Cain as Director of Finance
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 …
NCRC Hires Daniella Djiogan as Project Director of the DC Women’s Business Center
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.
NCRC Files HUD Complaints Against Appraisers Who Discriminated Against Black Homeowners In Recent Investigation
The cases arise from an investigation NCRC conducted in Baltimore with interracial couples acting as “mystery shoppers” probing appraisers for bias.
NCRC Statement On FHFA Credit Score Model Changes
Millions of families who have been invisible to the mortgage industry will gain access to the generational wealth-building opportunity of homeownership.
Pioneering Mystery Shopper Tests On Appraisal Bias Find Detailed Evidence Of Racial Discrimination
Real estate appraisers discriminated against Black homeowners in a pioneering new “mystery-shopper” investigation, the first of its kind to be published.
NCRC Statement On 5th Circuit Attack On CFPB Funding
‘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.’
NCRC Launches Capital Accelerator Program for Business Resource Providers
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.
NCRC Statement On Edward Jones Withdrawing Its ILC Charter Application
“If even the titans of finance can be successfully discouraged from seeking ILC charters, that’s a win for the American consumer.”
NCRC, HUD Announce #WelcomeMe Campaign For Fair Housing
We are excited to announce the #WelcomeMe social media contest!
