We have a big year ahead and some new partners joining us. Welcome South Shore Bank, Merrimack Valley Credit Union, LendingClub, and Preservation of Affordable Housing as new members already this year.
Partnership for Financial Equity has a busy agenda with quarterly meetings of four major working groups – mortgage lending, small business lending, banking services, and CRA peer group. We invite you to become a member and join our efforts to advance financial equity throughout the Commonwealth.
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
Our Mortgage Lending Committee works to close the racial homeownership gap and to expand and sustain homeownership in low- to moderate-income neighborhoods.
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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.
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Our Banking Services Committee supports Basic Banking for Massachusetts and addresses emerging issues impacting access to financial services for low- to moderate income households.
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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.
Read MoreJoin us for our first Banking Services Committee meeting of 2023 co-chaired by Jason Andrade from Compass Working Capital and Lena Buteau from Monson Savings Bank. We will be re-viewing requirements for Basic Banking for Massachusetts, pre-viewing a new Basic Banking website and discussing pre- and post-pandemic banking service trends. Join us! If you select […]
Read MoreOur small business lending committee tackled this question on February 16th with an excellent presentation from the Responsible Business Lending Coalition; New York State CDFI Coalition; and New Jersey Citizen Action. Co-chaired by Ana Hammock of Ascendus and George Drugas of Harbor One Bank, we discussed successful campaigns in New York and California and what it […]
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In my role as a Director and Chair of Partnership for Financial Equity, I have come to appreciate the significant value the organization brings to the citizens of Massachusetts. I am proud of the work we do to improve access to credit and build partnerships towards this effort.