{"id":114569,"date":"2022-07-01T13:09:58","date_gmt":"2022-07-01T17:09:58","guid":{"rendered":"https:\/\/ncrc.org\/?p=114569"},"modified":"2023-07-07T17:44:01","modified_gmt":"2023-07-07T21:44:01","slug":"seeking-alpha-u-s-bancorp-proposes-100b-community-benefits-plan-as-part-of-mufg-union-deal","status":"publish","type":"post","link":"https:\/\/ncrc.org\/seeking-alpha-u-s-bancorp-proposes-100b-community-benefits-plan-as-part-of-mufg-union-deal\/","title":{"rendered":"Seeking Alpha: US Bancorp proposes $100B Community Benefits Plan as part of MUFG Union deal"},"content":{"rendered":"<p>Seeking Alpha, May 9, 2022, <a href=\"https:\/\/seekingalpha.com\/news\/3835031-us-bancorp-proposes-100b-community-benefits-plan-as-part-of-mufg-union-deal\" target=\"_blank\" rel=\"noopener\">US Bancorp proposes $100B Community Benefits Plan as part of MUFG Union deal<\/a><\/p>\n<p>U.S. Bancorp (<span class=\"ticker-hover-wrapper\">NYSE:<a title=\"U.S. Bancorp\" href=\"https:\/\/seekingalpha.com\/symbol\/USB?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews\" target=\"_blank\" rel=\"noopener\">USB<\/a><\/span>)<a href=\"https:\/\/seekingalpha.com\/pr\/18784171-u-s-bancorp-announces-100-billion-community-benefits-plan?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews\" target=\"_blank\" rel=\"noopener\">\u00a0has unveiled a $100B<\/a>\u00a0Community Benefits Plan<span class=\"paywall-full-content\">\u00a0that focuses on supporting equitable access to capital for low- and moderate-income communities and communities of color, the bank said Monday.<\/span><\/p>\n<p>The bank developed the program in coordination with the National Community Reinvestment Coalition and the California Reinvestment Coalition as part of U.S. Bank&#8217;s (<a title=\"U.S. Bancorp\" href=\"https:\/\/seekingalpha.com\/symbol\/USB?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews\" target=\"_blank\" rel=\"noopener\">USB<\/a>) planned acquisition of MUFG Union Bank from Mitsubishi UFJ Financial Group (<a title=\"Mitsubishi UFJ Financial Group, Inc.\" href=\"https:\/\/seekingalpha.com\/symbol\/MUFG?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews\" target=\"_blank\" rel=\"noopener\">MUFG<\/a>). It takes the U.S. Bank Access Commitment efforts and integrates existing community impact efforts from MUFG Union Bank. Most of the commitments, 60% of the total, will support efforts in California, the state most affected by the acquisition.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seeking Alpha, May 9, 2022, US Bancorp proposes $100B Community Benefits Plan as part of MUFG Union deal U.S. Bancorp (NYSE:USB)\u00a0has unveiled a $100B\u00a0Community Benefits Plan\u00a0that focuses on supporting equitable access to capital for low- and moderate-income communities and communities of color, the bank said Monday. The bank developed the program in coordination with the [&hellip;]<\/p>\n","protected":false},"author":926,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_angie_page":false,"content-type":"","_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"page_builder":"","footnotes":""},"categories":[1324],"tags":[3649],"class_list":["post-114569","post","type-post","status-publish","format-standard","hentry","category-press","tag-cba-news"],"acf":[],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false},"uagb_author_info":{"display_name":"NCRC","author_link":""},"uagb_comment_info":0,"uagb_excerpt":"Seeking Alpha, May 9, 2022, US Bancorp proposes $100B Community Benefits Plan as part of MUFG Union deal U.S. Bancorp (NYSE:USB)\u00a0has unveiled a $100B\u00a0Community Benefits Plan\u00a0that focuses on supporting equitable access to capital for low- and moderate-income communities and communities of color, the bank said Monday. The bank developed the program in coordination with the&hellip;","_links":{"self":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts\/114569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/users\/926"}],"replies":[{"embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/comments?post=114569"}],"version-history":[{"count":0,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts\/114569\/revisions"}],"wp:attachment":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/media?parent=114569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/categories?post=114569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/tags?post=114569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}