On October 1st and 2nd, our third annual Financial Equity summit will take place, as a Zoom webinar on Tuesday the 1st and at Worcester’s Redemption Rock Brewery on Wednesday the 2nd. Registration is now open for the Summit.
On October 1st we feature local and national panel discussions on innovative Community Reinvestment Act programs. Our keynote speaker on the Tuesday the 1st will be Moddie Turay, CEO of the Massachusetts Housing Investment Corporation and a 2022 Loeb Fellow.
Thank you to Summit convenors Eastern Bank, Arbella Insurance Foundation and First Citizens Bank; Summit organizers Leader Bank, M&T Bank, Massachusetts Housing Partnership, Needham Bank, Rockland Trust; and Summit supporters Cape Cod Five, Chase, Citizens, Dedham Savings, Massachusetts Housing Investment Corporation and Preservation of Affordable Housing.
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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.
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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 Responsive 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 MoreOn October 1st and 2nd, our third annual Financial Equity summit will take place, as a Zoom webinar on Tuesday the 1st and at Worcester’s Redemption Rock Brewery on Wednesday the 2nd. Registration is now open for the Summit. In Worcester on October 2nd, OCC Deputy Comptroller for CRA Donna Murphy will give a keynote […]
Read MoreA packed room of activists, bankers and policymakers were challenged to “dream big” last night as we took a deep dive into an long-underutilized tool to close racial wealth gaps. Attendees heard from some of the nation’s foremost experts on Special Purpose Credit Programs (SPCP) including Patience Malaba from the Housing Development Consortium of Seattle-King […]
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“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.