In the News

Links to media coverage of NCRC.
To request an interview with NCRC experts, send a note to: media@ncrc.org.

San Diego Seniors Turning To Digital Finance As Banking Options Shift

July 2, 2026, The Coast News Group, San Diego Seniors Turning To Digital Finance As Banking Options Shift Some relief appeared in early 2026, when national data showed banks opened more branches than they closed in the first quarter. But that modest net gain of 50 locations nationwide, documented by the National Community Reinvestment Coalition, […]

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Global Banks Rethink Branch Closures As Digital Banking Reshapes Strategy

June 28, 2026, Business A.M., Global Banks Rethink Branch Closures As Digital Banking Reshapes Strategy In the United States, where bank branch numbers have declined steadily for more than a decade, the trend appears to be reversing. Citing data from the National Community Reinvestment Coalition, the institute said the country’s full-service branch network recorded two

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First Merchants’ $2B Pledge: A New Standard For Midwest Community Banking

June 25, 2026, BriefGlance, First Merchants’ $2B Pledge: A New Standard For Midwest Community Banking First Merchants Bank, in a landmark move solidifying its role as a key community anchor, has announced a new $2.02 billion Community Benefits Agreement (CBA) in partnership with the National Community Reinvestment Coalition (NCRC). The five-year pact, running from 2026

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Stripe Lawsuit: Privacy, Patents, And Fund Disputes

June 26, 2026, LegalClarity, Stripe Lawsuit: Privacy, Patents, And Fund Disputes The OCC granted preliminary conditional approval on February 12, 2026. The conditions include maintaining at least $45 million in Tier 1 capital, keeping a minimum of $27.5 million in eligible liquid assets, and complying with the GENIUS Act governing stablecoin activities. The bank must

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First Merchants Bank and NCRC Announce New $2 Billion Community Benefits Agreement to Expand Impact Across the Midwest

June 25, 2026, Lifestyle Capitol Hill Times, First Merchants Bank and NCRC Announce New $2 Billion Community Benefits Agreement to Expand Impact Across the Midwest First Merchants Bank and the National Community Reinvestment Coalition (NCRC) announced a new $2.02 billion Community Benefits Agreement (CBA), reinforcing the bank’s long-standing commitment to advancing financial wellness of the communities

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US Lawmakers Debate New Federal Charter For Fintech Payment Firms

June 25, 2026, IANSLive, US Lawmakers Debate New Federal Charter For Fintech Payment Firms Tara Flynn of the National Community Reinvestment Coalition said any non-bank receiving access to the banking and payments infrastructure should face strong consumer protection rules, community investment obligations and rigorous supervision. “When a non-bank receives access to the banking and payments

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US Lawmakers Cite India’s UPI model In Payments Reform Debate

June 25, 2026, IANSLive, US Lawmakers Cite India’s UPI Model In Payments Reform Debate Tara Flynn of the National Community Reinvestment Coalition also urged lawmakers to ensure that any non-bank receiving access to the banking and payments system should be subject to strong consumer protections, community investment obligations and rigorous regulatory supervision.

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Some Law Enforcement Groups Remain Opposed To Key Clarity Act Provision As Talks Continue

June 25, 2026, Crypto In America, Some Law Enforcement Groups Remain Opposed To Key Clarity Act Provision As Talks Continue Ahead of the hearing, I caught up with Rachel Anderika, Anchorage Digital’s Head of Global Operations and one of the witnesses set to be in the hot seat alongside representatives from Stripe, the Bank Policy Institute,

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Smart Investment Property Decisions Are Helping Build Black Wealth

June 22, 2026, The Windy City Word, Smart Investment Property Decisions Are Helping Build Black Wealth Smart investment property decisions are helping Black Americans build wealth by creating an additional source of cash flow, usually through monthly rental payments. They also create long-term financial well-being by allowing those in the Black community to generate property equity.  Making

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The Boss, Me, Our Fathers, And The Downtrodden

June 21, 2026, Current Affairs, The Boss, Me, Our Fathers, And The Downtrodden In late February of 2026, the National Community Reinvestment Coalition (NCRC) published a report titled “Racial Wealth Snapshot Series: Overview of Black America.” The NCRC found that: The median Black household holds $44,100 in net worth compared to $284,310 for White households. This means

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Jacksonville’s Hottest Retail Developments: Hawkers, Lynora’s & More

June 17, 2026, News USA Today, Jacksonville’s Hottest Retail Developments: Hawkers, Lynora’s & More However, critics counter that such growth often benefits investors more than residents. A 2023 analysis by the National Community Reinvestment Coalition found that 73% of mixed-use projects in the Southeast led to increased rents within three years of opening. In Jacksonville,

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CFPB, Fincen Guidance Casts A Pall Over ITIN Lending

June 18, 2026, American Banker, CFPB, Fincen Guidance Casts A Pall Over ITIN Lending Manan Shah, policy advisor at the National Community Reinvestment Coalition, said that the advisories are a pretext for “excluding hard-working immigrants from accessing credit.” “Banks already have to follow strict identification and compliance measures,” he said. “Collecting data on immigration status

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Partnering With The Right Property Management Firm Can be A Game-Changer For Black Investors

June 15, 2026, Black Press USA, Partnering With The Right Property Management Firm Can be A Game-Changer For Black Investors Building generational wealth is still a critical goal for modern Black Americans, as the racial wealth gap remains wide. Per the National Community Reinvestment Coalition, the 2024 median Black household income was $56,020. Conversely, the average White household income

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Elon Musk Becomes The World’s First Trillionaire While Black Wealth Stays Stuck

June 12, 2026, Baller Alert, Elon Musk Becomes The World’s First Trillionaire While Black Wealth Stays Stuck Consider the median Black household in America, which holds roughly 44,100 dollars in net worth according to recent figures from the National Community Reinvestment Coalition. That is everything a typical Black family owns after you subtract what they owe. To

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a New Push For CFPB Funding As Trump Picks Next Director

June 12, 2026, Real Estate News, A New Push For CFPB Funding As Trump Picks Next Director The committee said the legislation has already received endorsements from the National Consumer Law Center, the Consumer Federation of America, Americans for Financial Reform, Protect Borrowers, the National Community Reinvestment Coalition and the Center for Responsible Lending.

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