It was another busy year for CRC. In 2022, CRC and its allies negotiated more than $80 billion in Community Benefits Agreements (CBA) for California, passed AB 1837, the Homes in Community Hands Act, equipped dozens of mid- and senior-level employees with racial and economic justice advocacy skills, and…
A new, first-of-its-kind report from the Committee for Better Banks (CBB), in partnership with the California Reinvestment Coalition (CRC), “Mapping the Banking Divide: How Branch Openings Close Financial Opportunities,” details how racial bias continues to run deep at America’s largest banks as new branches overwhelmingly open in majority white,…
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…
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…
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…
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….
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…
CRC submitted the following letter to the Office of the Comptroller of the Currency and Board of Governors of the Federal Reserve to announce its formal opposition to the proposed merger of BMO Financial Corp/BMO Harris Bank, N.A. and BancWest Holding Inc./Bank of the West. Download the full…
SB 1176 establishes a requirement that would enable the DFPI to evaluate the mortgage lending of financial institutions, creating greater equity in the financial industry. California Reinvestment Coalition Executive Director Paulina Gonzalez-Brito testified before the California Senate Budget and Fiscal Review Committee on Wednesday in support of SB 1176,…
In November of 2021, the California Reinvestment Coalition officially opposed the proposed merger of U.S. Bank and Union Bank, which had been announced two months earlier. There has been a whirl of activity from CRC since. Take a look at the timeline below to recap more than six months…
Become a Member of the California Reinvestment Coalition
CRC welcomes California mission-driven community organizations and government agencies to join the coalition.
Benefits of CRC Membership
Invitations to annual meetings with banks and bank merger-related activities – an exclusive opportunity to meet with bank executives to discuss their community investment strategies.
A dedicated advocate that amplifies your voice, so that bankers, regulators, and elected officials pay attention to the needs of our communities.
Groundbreaking programs that strengthen and protect the economic well-being of the people your organization serves every day.
Connection to a statewide network of peer organizations that are also serving low-income communities and communities of color.
Members-only updates and analysis on banking practices, regulatory issues, and legislation that directly impact the mission and financial capacity of your organization.
Engagement in CRC initiatives, such as sign-on letters, press events, and other advocacy efforts that hold policymakers and regulators accountable to the people they were chosen to represent and serve.
If you are interested in becoming a member of CRC, please read the following pledge and fill out the form below. We will consider your request and submit it to our Board of Directors for approval. Once approved, we will notify you and provide information about CRC committees and dues.
Annual CRC membership dues:
Nonprofit organization – $100(operating budget under $500k)
Nonprofit organization – $300(operating budget $5m and over)
Public agency – $500
Membership Pledge
We subscribe to CRC’s efforts to promote investment in California’s low-income communities and increased access to affordable financial services, housing credit to facilitate the production and maintenance of low-income housing, credit for low-income individuals, and credit for community economic development.