
2021 data show increase in banked households & growth in mobile banking
This fact sheet highlights that across the nation, the rate of banked households has grown since 2019, according to the latest biennial FDIC survey data release.
This fact sheet highlights that across the nation, the rate of banked households has grown since 2019, according to the latest biennial FDIC survey data release.
Considering the absence of race in this NPR, it would seem that there is a disconnect between the legislative intent of the IL-CRA and the law’s proposed implementation and enforcement.
The Communications Associate will implement strategies to advance the organization’s research and policy advocacy work with external audiences including the news media, consumer and advocacy organizations and community leaders, funders, and members of professional and business groups.
Households that do not have a bank account are nearly five times as likely to be pawnshop borrowers as households with a bank account. Over 80% of pawnshop loan borrowers are unbanked, which is one reason consumers turn to...
We're proud to work with Consumer Federation of America to publish this report detailing alternatives to high cost loans and policy solutions to expand affordable options.
Woodstock Institute staff are eagerly reading through the newly released proposed rules implementing the Illinois Community Reinvestment Act. Join us and the Illinois CRA Coalition to weigh in on final rules for the state's new bank regulation.
This lunch and learn continues a series for community leaders and lenders, policy experts and others on the topic of redlining, beginning earlier this year with the (somewhat provocatively titled) Bank / Community Benefits Agreements – Game Changer or Consolation Prize?
This time around, our expert panel discussed the pros and cons of including race in the Community Reinvestment Act, CRA, responding to each others’ points.
About the panelists
CEO Horacio Mendez joined Neighborhood Housing Services of Chicago President Anthony Simpkins in presenting analysis of lending in communities by banks seeking to hold city deposits.
Now is a good time to discuss what’s next for the Community Reinvestment Act as federal bank regulators review comments on proposed CRA regulatory reform. Join us for a virtual ‘lunch and learn’ on the topic with two experts...
This past year we saw constructive action result from the national outrage at George Floyd’s murder in 2020 including a hopeful response in Illinois and Chicago with passage of the Predatory Loan Prevention Act, Illinois CRA and Chicago’s Lending...