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CRC Celebrates California difference-makers, community leaders at inaugural NorCal Equitable Futures Awards

Oakland, Calif. — More than 100 CRC members, bankers and allies gathered Thursday, Sept. 22 to celebrate the unwavering work by Northern California communities and recognize the critical work of resiliency-builders. The Equitable Futures Awards, formerly known as the Community Heroes Awards, was the first such in-person celebration for CRC since the pandemic forced the…
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Get to know the 2022 Equitable Futures Awards Honorees

An attorney who has represented California’s low-wage and agricultural workers against powerful agri-business actors despite political consequences. A collaboration of tenants’ unions that staged a successful rent strike against one of San Francisco’s most powerful corporate landlords. A nonprofit alliance that partnered with a California legislator to establish a new retail banking option for unbanked…
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Gonzalez-Brito leads discussion on the power of CDFIs

Paulina Gonzalez-Brito, CRC Chief Executive Officer, led a panel Thursday that brought together several Latine/x leaders of existing and emerging mission-driven financial organizations for a discussion on the importance of Community Development Financial Institutions in California communities. The panel discussion titled, “The Power of CDFIs,” was part of the Latino Community Foundation’s second-annual El Poder…
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CRC Co-hosts Interagency Forum on Rural Broadband Access

The California Reinvestment Coalition, the Federal Reserve Bank of San Francisco, the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), and representatives from state agencies, community groups, US Bank and Citizen’s Business Bank held a virtual forum Tuesday to discuss the realities rural Black, Indigenous and People of Color…
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CRC, Community Groups Voice Opposition to the Proposed BMO Harris-Bank of the West Merger at Public Hearing

A poor lending track record to Black and Latine/x borrowers, hundreds of loans made to predatory corporate landlords, and a lack of adequate scrutiny were among the issues CRC along with dozens of other nonprofits and community-based organizations brought to the attention of federal banking regulators Thursday, July 14 during a virtual joint public hearing…
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California Needs a State CRA for a More Fair, Equitable Financial System

California Governor Gavin Newsom recently announced a historic $100 billion budget surplus and signed a $300 billion budget into law. At the same time, researchers published a detailed report on the widening racial wealth gap in the U.S., highlighting how wealth concentration and “the recent role of capital gains,” made during the early pandemic market…
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CRC Meets with regulators, policymakers for Advocacy Week

The California Reinvestment Coalition and several of its member organizations met with elected officials and representatives from financial regulatory agencies last week as part of the National Community Reinvestment Coalition’s 2022 Just Economy Conference Advocacy Week. Each year, CRC convenes a California delegation to meet with DC-based regulators and policymakers. This year, CRC met with…
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Juneteenth, a solemn remembrance and expression of Black joy

For just the second time ever on Monday, this country will celebrate Juneteenth as a national holiday. On this day, we recognize the strength and resilience of Black communities and acknowledge the continued struggle for liberation. Juneteenth is now a federal holiday, but it has been celebrated among Black communities for more than a century….
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Finding “Just”: NCRC’s 2022 Just Economy Conference was a hub for old and new ideas on creating change

This week, the California Reinvestment Coalition, along with about 1,000 National Community Reinvestment Coalition members, staff and allies, attended the 2022 Just Economy Conference in Washington, D.C. After two years of virtual strategizing and mobilizing, NCRC members got to network and exchange ideas in person at the two-day event. The conference featured essential elements of…
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Q&A: Cryptocurrency 101 with CRC Promotora

Combat banking discrimination. Reduce financial disparities. Push the need for broadband access.  Opportunities like this can come with learning more about how we can utilize and track the movement of cryptocurrency, a decentralized, deregulated form of investing in, buying and selling online currency.  Don’t worry, we’ve done the seemingly hard work of getting to know…
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