Pre-Existing Conditions: Assessing the Financial Services Response to Racism, Inequality, and COVID-19

Given the financial sector’s history of systemic exclusion and discrimination, the San Francisco Office of Financial Empowerment (OFE) and the California Reinvestment Coalition (CRC) worked together to analyze banking relief that is currently being made available to consumers and borrowers, identify gaps and best practices, and outline recommendations for…

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Here to Stay: Promoting Financial Security and Economic Opportunity for Immigrants in California

Our findings show that most immigrant consumers distrust traditional banks because they feel unwelcomed, and regularly face discrimination by banks. Similarly, many immigrant families shared that they want to build assets, but they do not have access to safe, affordable financial resources. Most people we interviewed said that banks should…

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CRC Anti-Displacement Code of Conduct

This Anti-Displacement Code of Conduct provides a roadmap for the responsible infusion of capital into low-income neighborhoods and creates an expectation and commitments for financing actors to mitigate the impact of displacement occurring in communities. It also outlines policies and practices to be avoided. Loans and investments in low-income…

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OneWest/CIT Merger Fabricated Email Inquiry

Documents obtained by CRC and Inner City Press show bank which foreclosed on 36,000 California households does not explain how fabricated letters of support for bank merger were generated.

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Building Immigrant Financial Security: A Guide for Banks

This guide provides concrete recommendations for banks on how to better serve immigrant communities and their financial needs.

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Disrupting Displacement Financing in Oakland and Beyond

In conjunction with the Anti-Eviction Mapping Project, we explore how banks are behind the financing of serial evictors in Oakland.

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