MCBC will host our inaugural Financial Equity Summit with the Arbella Insurance Foundation as Presenting Sponsor. The summit is a two-day event with local and national speakers focusing on closing our racial wealth gap in MA and the nation and thinking proactively about how best to deliver financial services to lower income consumers in an ever-changing landscape.
MCBC helps financial institutions to stay current on all of the information needed to meet CRA requirements and reach customers. Membership donations to MCBC are a qualified investment under the State’s CRA statute.
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Our Mortgage Lending Committee works to expand homeownership opportunities for low-and moderate-income homebuyers and to sustain home ownership in low-and moderate-income neighborhoods.
Read MoreOur Small Business Lending Committee promotes the economic revitalization of low-and moderate-income communities in Massachusetts by providing insight, ideas and information designed to encourage small business lending and growth.
Read MoreAre you responsible for Community Reinvestment Act compliance at your institution? How will CRA reform impact your compliance efforts? Wondering what the new small business lending reporting requirements will mean for your institution? We will continue building a strong and active CRA officer network with our next meeting on Wednesday, December 7th. Partnership for Financial […]
Read MoreBoston, MA – Lending to small businesses in Massachusetts peaked in the first year of the pandemic but not to low- and moderate-income and majority persons of color census tracts, according to a report released today by the Massachusetts Community & Banking Council and the University of Massachusetts Donahue Institute. Overall, Community Reinvestment Act data […]
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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.