Tag: Community Reinvestment Act
Capital One-Discover merger could benefit ‘credit invisible’ in R.I.
Too many Rhode Islanders, particularly our minority communities and minority-owned businesses, face real challenges when it comes to financial inclusion. That’s why we are...
Everybody’s Business: The doctor’s dishing out doses of health facts to...
(Editor’s note: This is the 44th installment in a monthly series speaking with minority business owners and leaders. Each will be asked their views...
Citizens Bank achieves ‘Outstanding’ Community Reinvestment Act rating
PROVIDENCE – Citizens Financial Group Inc. announced its Citizens Bank N.A. subsidiary has received an “Outstanding” rating from the Office of the Comptroller of...
Deferred loans, waived fees part of pandemic response for banks
The consumer messaging of banks and credit unions through the COVID-19 pandemic has been consistent: we’re here for you.
When it comes to bank fees...
Citizens receives top rating for Community Reinvestment Act performance
PROVIDENCE – Citizens Bank received an “outstanding” rating from the U.S. Department of the Treasury’s Office of the Comptroller of the Currency for its...
HarborOne, North Easton Savings Bank score well on CRA compliance
PROVIDENCE – Two banks operating in southeastern Massachusetts received positive grades from the Federal Deposit Insurance Corp. during recent evaluations for compliance with the...
Reform, not undermine, fair-lending law
More than 40 years ago, Congress adopted the Community Reinvestment Act to ensure that banks would serve everyone in the areas where they do...
Santander announces $11B plan to boost community reinvestment
BOSTON – Santander Bank on Monday announced a new plan to put $11 billion toward community lending, development and charitable giving over the next...
Federal regulators to examine Santander Bank’s practices under CRA
BOSTON – Federal regulators are scheduled to examine how well Santander Bank is meeting the needs of low- and moderate-income neighborhoods, an area where...
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