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…
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,”…
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….
After a busy bank merger season in 2021, the pace continues in 2022. In addition to engaging on megabank mergers, we hope to restart meetings with banks that are not going through mergers. Check out what’s happening below and reach out to find out how to get involved. U.S….
Download the full letter → Read the press release → Jerome Powell, Chairman Board of Governors of the Federal Reserve System 20th Street and Constitution Avenue N.W. Washington, D.C. 20551 Michael Hsu, Acting Comptroller Office of the Comptroller of the Currency 400 7th St SW, Washington, DC…
By Symone Jackson Immediately following the 2016 election, immigrant rights advocacy groups like the California Reinvestment Coalition (CRC) began hearing complaints from people who expressed fears about facing discrimination, and in some cases, deportation, due to an increasingly hostile, anti-immigrant political climate. In response, CRC launched the Here to…
Serial evictor landlords do not operate alone. By accessing funding from banks and other lenders, they are able to purchase property, and in turn, evict renters.
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.