All acknowledged these agreements are the best alternative for community organizations to pursue given the limited resources to pursue legal action when banks are found to be discriminating in their provision of financial products and services.
One panelist went so far as to say that she has “written off” the Federal bank regulatory agencies to properly enforce anti-discrimination laws and regulations because “they’ve become too politicized.”
The video of the Zoom conversation is available above and on our website, with a short blog post. We look forward to hosting additional brown bag conversations virtually and otherwise on topics of interest to community economic development practitioners.
Outreach to educate consumers around the Predatory Loan Prevention Act continues this week with a town hall co-sponsored by state Sen. Cristina Castro. If you have questions please contact Jane Doyle by email.
Welcome Amber S. Hendley to the team
Amber S. Hendley has joined Woodstock Institute as a Research Associate.
As part of the research team, Amber helps produce the organization’s research reports and develops and disseminates data for the Institute’s online Data Portal and interactive mapping tool.
We’ll soon be releasing the 2020 data edition of our community lending fact book online and in print. If you have questions or are looking for a printed copy of earlier editions, please contact Beverly Berryhill by email at bhill@woodstockinst.org.
Crain's Chicago Business (May 20) Who gets to own a bank?
A bill in Congress right now would address that question, and it has rare support from both the banking industry and consumer groups, writes the chief of the Woodstock Institute. Read more
