Indepth analysis of persistant problems in the field of community development. Woodstock's research reports contribute to the body of knowledge used by policymakers and community development practitioners.
Describes historical impact of secondary capital investments on low-income credit unions. Includes detailed case studies of four credit unions that are recipients of secondary capital investments. Offers policy recommendations related to the effectiveness of this investment tool.
Utilizing extensive data analysis, this alert shows how community
development banks have grown in size and financial strength while at
the same time serving their community development mission.
Shows that community development (CD) banks far outperform regular
banks in serving low-income and minority communities. Includes
extensive data analysis which describes the performance of banks in
Chicago. Demonstrates that a considerably higher percent of CD banks'
home loans go to lower-income neighborhoods and borrowers than is true
for all other lenders. The same pattern is repeated for loans to
minority neighborhoods and borrowers.
Demonstrates that banks with a commitment to reach unbanked or under-banked households can do so effectively and efficiently. The report profiles programs and services at Banco Popular de Puerto Rico, Union Bank of California, First Bank of the Americas in Chicago, First Interstate Bank in Montana and Wyoming, and Wells Fargo Bank Wisconsin. These banks provide affordable checking or lifeline accounts, innovative financial literacy programs, and creative outreach and marketing strategies.
