Comment on the OCC Innovation Pilot Program
Woodstock Comment to the OCC on the Innovation Pilot Program (as an alternative to a regulatory sandbox)
Statement: City Collaborative Proposes Incremental Reforms to Chicago’s Vehicle Ticketing System
City Collaborative Proposes Incremental Reforms to Chicago’s Vehicle Ticketing System Debt Forgiveness Program Could Provide Tangible Support to Impacted Chicagoans FOR IMMEDIATE RELEASE: June 11, 2019 PRESS CONTACTS: Jenna Severson (o) 312-368-0310 (jseverson@woodstockinst.org) CHICAGO, IL – The Chicago City Clerk today...
Community Investment Awards 2019: Advancing Equity
Community Investment Awards 2019: Advancing Equity Woodstock Institute gathered with our partners from banks, nonprofits, academia, and foundations on May 16, 2019, at the Fifth Third Bank Center to honor the accomplishments of leaders in our field. This year,...
Illinois General Assembly Passes Children’s Savings Account Legislation (West Suburban Journal)
Illinois General Assembly Passes Children’s Savings Account Legislation West Suburban Journal If Signed By Governor, Bipartisan Effort Will Make College Completion Four Times Likelier for Kids in Illinois Illinois | On a bipartisan vote of 40-15-0, Children’s Savings Account legislation...
Illinois General Assembly Passes Children’s Savings Account Legislation
Illinois General Assembly Passes Children’s Savings Account Legislation If Signed By Governor, Bipartisan Effort Will Make College Completion Four Times Likelier for Kids in Illinois FOR IMMEDIATE RELEASE: May 30, 2019 PRESS CONTACTS: Jenna Severson (o) 312-368-0310 SPRINGFIELD, IL –...
Comment to CFPB on Rescinding Payday Underwriting Rule
Woodstock Institute offers this comment in response to the Consumer Financial Protection Bureau’s (CFPB's) Notice of Proposed Rulemaking (NPRM) on payday, vehicle title, and certain high cost installment loans (the “Proposed Rule”). Thank you for the opportunity to comment...
Illinois, quit suspending driver’s licenses for unpaid parking tickets (Chicago Sun-Times)
Illinois, quit suspending driver’s licenses for unpaid parking tickets (Chicago Sun-Times) OPINION By Ben Ruddell and Brian Costin During a routine 2008 traffic stop in Chicago, LaSheria’s life was permanently changed. After being stopped, she learned that her driver’s...
Report: Older Chicagoans at Risk as Banks Innovate
Report: Older Chicagoans at Risk as Banks Innovate Seniors in Chicago’s South Side at Highest Risk FOR IMMEDIATE RELEASE: April 17, 2019 PRESS CONTACTS: Jenna Severson CHICAGO, IL – A reportreleased today by Woodstock Institute entitled “Digitally Divided: Older Adult...
Digitally Divided: Older Adult Banking Vulnerabilities in the Chicago Region
Digitally Divided: Older Adult Banking Vulnerabilities in the Chicago Region April 17, 2019 Lauren Nolan This report reveals neighborhoods at highest risk of being left out of mainstream financial services, and offers solutions for financial institutions and policymakers. This...
Low-Income Tax Filers Targeted With False Promise of Big Refunds (Bloomberg)
Low-Income Tax Filers Targeted With False Promise of Big Refunds By Joe Light in Bloomberg Markets March 6, 2019, 3:00 AM CST Illinois attorney general sues over deceptive practices Earned income tax credit gives enticing target for preparers Michael Anderson and...