Vote for Just Economy Conference sessions and read more on Capital One's potential fines

NCRC ([link removed] )

Just News

for November 8, 2024

News and views from the National Community Reinvestment Coalition. Find more at ncrc.org ([link removed] ) .

For continuous updates, follow us on Twitter ([link removed] ) , FB ([link removed] ) , LinkedIn, ([link removed] ) I ([link removed] ) G ([link removed] ) and Tiktok ([link removed] ) .

Announcements

Vote For Your Favorite 2025 Just Economy Conference Sessions

By NCRC

What would YOU like to see at the 2025 Just Economy Conference? We’ve opened up a selection of conference session ideas for public voting. Please vote ([link removed] ) and encourage your colleagues to do the same! Voting will take place over the course of the next 10 days, opening today, November 7, and closing on November 15. The final program will include sessions that receive the most votes. [Read more ([link removed] ) ]

News

Capital One Buries News Of Potential Fines That Could Make Its Discover Merger ‘Unlikely’ To Be Approved Under Federal Rules

By NCRC

Federal regulators are considering penalties for Capital One that could make their proposed merger with Discover “unlikely” to be approved according to merger regulators’ official policies, the bank quietly announced Thursday evening. [Read more ([link removed] ) ]

NCRC Awards $2.4 Million In Field Empowerment Fund Grants To 17 NCRC Member Organizations

By NCRC

Since launching this grantmaking program in 2021, NCRC has provided $6.7 million in 82 grants to NCRC member organizations. [Read more ([link removed] ) ]

2025 Just Economy Conference: Registration Now Open

By NCRC

Registration for the 2025 Just Economy Conference is now open! Don’t miss your chance to join activists, elected officials, policymakers, community leaders, civil rights groups, faith-based organizations and economic and social justice advocates from across the nation. [Read more ([link removed] ) ]

Research

The Racial Wealth Gap 1992 to 2022

By NCRC

Black households are increasingly dependent on homeownership as a wealth-building strategy. Yet homeownership is out of reach for most low- and moderate-income (LMI) families. [Read more ([link removed] ) ]

Field Notes

Primo Partners Grows with Ben & Jerry’s and New Business Ventures

By NCRC

At the heart of our success has been a focus on cultivating a strong organizational culture and investing in the growth of our team. We believe that by prioritizing our people, we create an environment where innovation and resilience naturally thrive. We’ve implemented professional development initiatives and promoted leadership opportunities, ensuring that our team members grow alongside the company. This commitment to culture has helped us not only manage challenges but also turn them into opportunities for long-term success. [Read more ([link removed] ) ]

Videos

The HMDA Longitudinal Dataset: Tracking Mortgage Lending 1981-2021

By NCRC

The mapping application visualizes lending patterns, revealing historical redlining and its persistent impact on minority communities. [Watch here ([link removed] ) ]

Events

NCRC CDF Group Counseling Session: Sales Strategy Development

November 14, 10 am - 12 pm ET

Join NCRC's Community Development Fund to dive into the fundamentals of sales strategy development in this workshop. Explore proven methodologies and best practices to craft effective sales strategies tailored to your business objectives, target audience, and market dynamics. [Register here ([link removed] ) ]

Remaking the Economy: Liberating Finance to Build a More Just World

November 20, 2 - 3:30 pm ET

What does the term “just transition” mean? How can finance truly be liberated from traditional business assumptions and instead be mobilized to support a just transition to an economy rooted in values of solidarity? Those questions were at the heart of an economic justice article series coproduced this summer by Nonprofit Quarterly (NPQ) and Justice Funders. To address those questions, drawing on the contributions from many of the authors in that series, this 90-minute webinar will offer a conversation on the joys and challenges, dos and don’ts, of putting liberatory finance and investment into action in the real world. [Register here ([link removed] ) ]

In The News

Ex-Trump Treasury Secretary Eyes More Voting Power At Flagstar

By Claire Williams, American Banker

"It's alarming that a man known for aggressive and abusive foreclosure practices in the wake of the Wall Street crisis is now an owner of a bank that's so important to low-income communities' interests," said Jesse Van Tol, president and CEO of the National Community Reinvestment Coalition. "I fear that Steve Mnuchin intends to run the same playbook for NYCB as he did at OneWest, with disastrous results for customers and communities." [Read more ([link removed] ) ]

When A Bank Fails After Engaging In Redlining, Who's Responsible?

By Kevin Wack, American Banker

He argued that Fulton, which in April assumed responsibility for substantially all of Republic's deposits, should think of itself as having taken on not only the failed bank's financial liabilities, but also its legal and reputational liabilities. Van Tol pointed out that Fulton now operates Republic's New Jersey branches, which the attorney general's office said were concentrated in predominantly white areas. "It is a question of what branches do you have and where, and what staffers do you have and where," Van Tol said. [Read more ([link removed] ) ]

On Our Radar

Everyone’s Ignoring These Investors’ Warnings On Climate Risk. You Shouldn’t.

By Michael Coren, Washington Post

Their argument: As Americans wake up to the threat of climate change, the value of homes in risky markets will begin to slide. That’s created opportunities to profit by betting against housing markets exposed to weather catastrophes or investing in places that will attract people who want to avoid the worst. For anyone expecting to buy or sell a home in the United States in the coming years, their insights may help you decide where to go next. [Read more ([link removed] ) ]

The Importance Of Cross-Sector Partnerships In Enabling Better Health Outcomes | Viewpoint

By Portia Buchongo, Chief Healthcare Executive

To meet the growing demands to address unmet social needs, the silos that have traditionally existed between health care and social care must be dismantled. Cross-sector partnerships between healthcare organizations and community organizations are among the strategies necessary to bridge this divide. These partnerships can facilitate interventions that address inequitable healthcare outcomes for populations that have been historically underserved. [Read more ([link removed] ) ]

Resources

Work And Meet At The Just Economy Club

It's a DC hub for nonprofits and the social sector, around the corner from the White House. Move your team into a private office or host your meetings and events or hang out in the lounge. [Read more ([link removed] ) ]

Learning & Training Hub

Register for NCRC's catalog of professional development courses for community development leaders. [Learn ([link removed] ) more ([link removed] ) ]

Research And Reports

We have an extensive library of research and reports that dates back many years! [View all ([link removed] ) ]

Racial Wealth Snapshots

Browse our catalog of socioeconomic briefs. [View all ([link removed] ) ]

Sign And Share The Just Economy Pledge

America should not only promise but deliver to all Americans opportunities to build wealth and live well. Sign and share the pledge to help us expand the movement for a Just Economy. [Sign and Share ([link removed] ) ]

Member Hub

NCRC members: Don't forget you have access to our member hub ([link removed] ) ! Learn more about membership here ([link removed] ) . You can join as an organization or an individual ([link removed] ) .

Fair Lending Tool

Use our interactive tool to produce a report on mortgages, small business lending and bank branch networks for any city, county or metro area in the nation. [Access the tool here ([link removed] ) ]

X ([link removed] )

Facebook ([link removed] )

LinkedIn ([link removed] )

Instagram ([link removed] )

Website ([link removed] )

TikTok ([link removed] )

Copyright © 2024 NCRC, All rights reserved.

Manage Preferences/Unsubscribe ([link removed] )

National Community Reinvestment Coalition

740 15th St NW, Suite 400

Washington,DC xxxxxx