Written by Lauren Nolan on February 16, 2018
Data on the number and amount of bank loans made to businesses are now available on Woodstock’s data portal. These data are important because they provide information about small business access to capital, which is a key element to growth and success. Small businesses create economic opportunity within neighborhoods, increase local employment opportunities, and provide residents a means of wealth building through entrepreneurship. Businesses that have access to adequate levels of capital grow more rapidly, hire more workers, and make more investments than businesses that do not have access. Without the availability of bank loans, small businesses often must turn to alternative forms of capital, which can come with high interest rates, onerous terms, and poor customer service.
Written by Dory Rand on December 19, 2017
In the long battle over payday loans, we stand at a crossroads. Woodstock Institute is mobilizing an Illinois’ coalition of consumers and concerned citizens to protect the federal payday and title...
Written by Dory Rand on October 24, 2017
A lot is going on in the financial justice sphere these days! Let’s start with some positive news. The Consumer Financial Protection Bureau (CFPB) announced on October 5 a final rule on payday and...
Written by Jenna Severson on October 11, 2017

Robots have invaded the world of financial advising. Today hundreds of online programs are available, promising sage retirement and financial investment advice at the click of a button. 

That brings us to our first question:  What Is a Robo-Advisor?

Written by Lauren Nolan on October 3, 2017
Results from the latest American Community Survey (ACS) released on September 17th illustrate persistent inequality by race and ethnicity in income and homeownership rates among Chicago residents....
Written by Jenna Severson on September 27, 2017
Hello readers!I’m thrilled to announce I have joined the Woodstock Institute as the new Communications and Development Associate.I apologize for taking a while to introduce myself formally; my start...
Written by Dory Rand on July 12, 2017
In May, Lauren Nolan joined the Woodstock Institute as our Director of Research.
Written by Jason Olson on July 12, 2017
The financial technology (fintech) session was one of the most interesting sessions at the NCRC conference.
Written by Jason Olson on July 12, 2017
Woodstock Institute presented its 2017 Community Investment Award to the National Community Reinvestment Coalition (NCRC) at its annual reception on May 18 in Chicago. Woodstock president Dory Rand...
Written by Brent Adams on July 12, 2017
The ongoing budget stalemate darkened the mood in the Capitol, and Woodstock, as a member of the Responsible Budget Coalition, hopes that the legislature and the Governor can finally agree on a budget that raises revenue and maintains critical state services. In the meantime, however, Woodstock and others have been working to pass various pro-consumer bills, and we are pleased to report some success this session.
Written by Dory Rand on July 12, 2017
After nine months of back and forth, NCRC board members Elisabeth Risch of St. Louis Equal Housing and Community Reinvestment Alliance (SLEHCRA) and Woodstock President Dory Rand successfully...
Written by Brent Adams on July 12, 2017

Woodstock Institute celebrated victory in the successful defense of Consumer Financial Protection Bureau’s (CFPB) rule on prepaid cards against a repeal effort by Georgia Senator David Perdue. Sen. Perdue had attempted to do away with CFPB’s finalized prepaid rule through the Congressional Review Act, a law which enables Congress to roll back federal regulations.

Written by Dory Rand on March 6, 2017

On March 2 the Department of Labor published a proposed rule to delay for 60 days the implementation of its fiduciary rule. Woodstock has written frequently on this essential rule (see most recently our article on February 9, 2017), which requires investment advisors to put first the interests of customers rather than provide conflicted advice to make bigger commissions and profits for advisors. If the rule becomes effective, it will provide a crucial safeguard for the millions of Americans who put their trust in investment advisers as they save for retirement.

Written by Dory Rand on February 9, 2017

It has been a dizzying couple of weeks following the new administration’s series of actions and appointments that are likely to roll back protections for workers, retirees, consumers, refugees, and others. Although Woodstock Institute is nonpartisan and has not published separate responses to each unfortunate action, appointment, tweet, and misstatement of facts, we have been working closely with allies across the country to demonstrate support for many of the well-researched policies that are under attack.

Written by on December 21, 2016

It has been a busy and productive 2016 here at Woodstock Institute. What follows is far from an exhaustive account of Woodstock’s policy and research activities over the year. It’s just a quick survey of some of the “greatest hits.” 


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