Massachusetts Community & Banking Council

LG Kim Driscoll and Deputy Comptroller Donna Murphy headline Financial Equity Summit 2024

Connections, Best Practices, Thought Leaders

Partnership for Financial Equity helps financial institutions to stay current on Community Reinvestment Act requirements and engage in important research and timely conversations about investments in low- to moderate-income neighborhoods . Membership donations to Partnership for Financial Equity are a qualified investment under the State’s CRA statute.

Join for Financial Institutions | Join for Community Organizations

Small Business Lending Committee

Our Small Business Lending Committee promotes the economic vitality of low- and moderate-income communities with insight, ideas and data designed to encourage small business lending and close racial wealth gaps.

Mortgage Lending Committee

Our Mortgage Lending Committee works to close the racial homeownership gap and to expand and sustain homeownership in low- to moderate-income neighborhoods.

Responsive Banking Services Committee

Our Responsive Banking Services Committee supports Basic Banking for Massachusetts and addresses emerging issues impacting access to financial services for low- to moderate income households.

CRA Peer Group

Our CRA Peer Group is a network, resource and voice providing CRA officers an opportunity to respond to regulatory changes, share resources, and elevate best practices.

CRA Community Council

Through shared insights, best practices, and innovative strategies, we aim to foster collaboration and knowledge-sharing among community stakeholders, creating a dynamic group dedicated to advancing responsible and equitable community reinvestment strategies.

Latest Report

See All Reports

Mortgage Lending Matters

Mortgage Lending Matters and its corresponding Fact Book was prepared by the Chicago-based Woodstock Institute as part of a multi-year…

News and Events

See All

News

Transforming Legacy: The Massachusetts Insurance Industry’s Billion Dollar Commitment to Community Development

Boston, MA – October 24, 2024 – Partnership for Financial Equity unveils its latest report, It Wasn’t So Scary, on the twenty-five year life of the Massachusetts Insurance Company Community Investment Initiative. These two initiatives, one involving life insurance companies and the other property insurers, represent a transformative effort to leverage financial capital for community […]

News

Bank and Community Leaders Celebrate “Elevating Equity” Innovators

October 17, 2024 – Partnership for Financial Equity is pleased to announce the winners of our inaugural Elevating Equity awards, designed to recognize outstanding bank-community partnerships reaching low- to moderate-income households. Awards were given in three categories – small business lending, mortgage lending, and banking services. Winning partnerships were the Cape & Islands Veterans Outreach […]

“At the Partnership for Financial Equity, our member banks and community organizations are hard at work to understand and comply with the final rule governing the Community Reinvestment Act,” said Brook Ames, SVP, General Counsel and Chief Risk Officer for Leader Bank and chair of the Partnership for Financial Equity.

Brook Ames, Leader Bank

Partnership for Financial Equity

Using the powerful voice of the leading Massachusetts financial institutions and community organizations to affect positive change in the availability of credit and financial services in low and moderate income communities and communities of color across the Commonwealth.