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Why Linking Opportunity Zones and the Community Reinvestment Act is a Win-Win for Banks, Investors, and Communities

Why Linking Opportunity Zones and the Community Reinvestment Act is a Win-Win for Banks, Investors, and Communities

Community banks may be missing out on a key opportunity to reinvest their capital gains through the Opportunity Zone (OZ) program
Traditional Banks ‘Could Disappear in a Decade’, Survey Says

Traditional Banks ‘Could Disappear in a Decade’, Survey Says

Research indicates that underbanked communities feel the sector will change significantly in the next few years
Dutch Firms Launch Justice-Focused Impact Fund

Dutch Firms Launch Justice-Focused Impact Fund

The newly launched fund aims to provide equal access to justice for all in line with one of the UN’s Sustainable Development Goals
Santander Bank Expands in Boston

Santander Bank Expands in Boston

The bank has made a $50,000 donation to local homeless charity as part of the office move
Agility Bank Becomes First New MDI in 15 Years

Agility Bank Becomes First New MDI in 15 Years

The women-owned Texas-based bank has received its charter from the Office of the Comptroller of the Currency
Transamerica Launches Emergency Savings Account

Transamerica Launches Emergency Savings Account

The new offering will help people improve their financial resilience as the US banking sector aims to improve access to underbanked groups
Regulators to Modernize CRA Rulebook

Regulators to Modernize CRA Rulebook

The proposal is aimed at bolstering credit for low-income communities
Majority of Americans believe racism present in US financial and credit scoring systems

Majority of Americans believe racism present in US financial and credit scoring systems

New survey finds a distinct lack of consumer trust, despite efforts by the industry to make practices more equitable
City of New York to Stop Business with Wells Fargo over Discrimination Reports

City of New York to Stop Business with Wells Fargo over Discrimination Reports

Wells Fargo has rejected the allegations, first reported by Bloomberg
Bank On Movement on the Rise

Bank On Movement on the Rise

Branches offering Bank On certified accounts have risen significantly as the US seeks to address its “unbanked” population
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