Since I do not own stock in Chase, I used a shareholder proxy kindly provided by colleague Adam Rust of the Community Reinvestment Association of North Carolina (CRA-NC) to gain entry (through tight security) to the shareholder meeting. When I got my turn at the microphone, I explained that, as a customer of Chase and its predecessor banks in Chicago for nearly 28 years, I want to be proud of the bank where I do business.
access to banking services
The report, Paying More for the American Dream IV, examines the mortgage lending patterns of banks, including the nation’s four largest financial institutions, in seven metropolitan areas in the United States: Boston, Charlotte, Chicago, Cleveland, Los Angeles, New York City, and Rochester, NY.
“Beyond Foreclosures: The Impact of the Financial Crisis on the Wealth Gap and Economic Opportunity” will explore how the economic and foreclosure crisis has changed the landscape of access to financial services, and in particular, how it has affected credit scores and bankruptcy rates in communities of color.
“Beyond Foreclosures: The Impact of the Financial Crisis on the Wealth Gap and Economic Opportunity”
For 25 years, Chicago region community organizations, lenders, banking regulators, and the media have relied on Woodstock’s analysis of local lending patterns to highlight community investment success stories, and show how some communities have been passed over.