Partnership for Financial Equity
@financialequity.bsky.social
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Using our unique voice for a better financial future for all financialequity.net
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financialequity.bsky.social
Honored to host Anna Gifty Opoku-Agyeman at our Financial Equity Summit where she addressed the ongoing attacks on DEI, persistent pay disparities facing women of color, and offered a powerful defense of Federal Reserve Governor Lisa Cook. @itsafronomics.bsky.social

photos: @lensofwes on Instagram
financialequity.bsky.social
September 8th is the deadline to nominate your favorite bank-community partnership! $1,000 to three winners in the categories of #mortgagelending / #homeownership; #smallbusinesslending; and #bankingservices / #assetbuilding. lp.constantcontactpages.com/sv/M9a8tak/E...
Reposted by Partnership for Financial Equity
amaliezinn.bsky.social
Exciting to be starting new research with the @financialequity.bsky.social on trust in banking! Stay tuned…nore updates and details to come.
financialequity.bsky.social
Our Director of Research and Membership Engagement Jason Andrade met up with @amaliezinn.bsky.social, research analyst at @urbaninstitute.bsky.social at the recent @cfefund.bsky.social Bank On National Conference in DC.
financialequity.bsky.social
Our Director of Research and Membership Engagement Jason Andrade met up with @amaliezinn.bsky.social, research analyst at @urbaninstitute.bsky.social at the recent @cfefund.bsky.social Bank On National Conference in DC.
financialequity.bsky.social
We are thrilled to announce Jason Andrade, CFP® as our Director of Research and Membership Engagement! financialequity.net/announcement...
Reposted by Partnership for Financial Equity
danimmergluck.bsky.social
Not a shocker really. Federal Reserve Board caves (with help from the OCC, FDIC) on the Biden-era Community Reinvestment Act rewrite that banks had sued to stop and was being held up. The regulators rescind the rule (give up on any defense in the lawsuit).

www.federalreserve.gov/newsevents/p...
Agencies announce intent to rescind 2023 Community Reinvestment Act final rule
The federal bank regulatory agencies today announced, in light of pending litigation, their intent to issue a proposal to both rescind the Community Reinvestme
www.federalreserve.gov
financialequity.bsky.social
Great event in DC yesterday co-sponsored by @aspeninstitute.bsky.social and Responsible Business Lending Coalition on the need for truth-in-lending legislation to rein in certain fintechs and merchant cash advance companies that prey on small business owners with undisclosed high APRs. #PFEinDCweek
Reposted by Partnership for Financial Equity
washingtonpost.com
President Donald Trump on Monday appointed Treasury Secretary Scott Bessent as the acting director of the Consumer Financial Protection Bureau, a powerful watchdog agency whose operations Bessent immediately halted pending a review.
CFPB halts work after Trump appoints Bessent as acting head
The consumer watchdog agency was formed in the wake of the 2008 financial crisis. Elon Musk wants to “delete” it.
www.washingtonpost.com
financialequity.bsky.social
Welcome to our three new board members.

Deb Leonczyk is Executive Director of Berkshire Community Action Council; Henry Noël Jr. is the Investment Director for the Boston Impact Initiative Fund; and Bobbie Salgado manages @firstcitizensbank.bsky.social CRA and Community Development Officer team.
financialequity.bsky.social
We elevated equity this yesr with our first ever awards for innovation in mortgage lending, small business lending and responsive banking services Congrats! financialequity.net/announcement...
financialequity.bsky.social
First ever joint meeting of our CRA Peer Group, co-chaired by Vanessa Greene, Tom Golden & Delisa Joseph and CRA Community Council, co-chaired by Symone Crawford, Keith Fairey & Maritza Crossen met today at @mahahome.bsky.social. Great turnout. Good energy. Outstanding brainstorming. Stay tuned.
financialequity.bsky.social
Our latest small business lending report is out today showing access to capital gaps for businesses in our Gateway Cities. Over one-third of businesses in the Commonwealth’s Gateway Cities are in low-income tracts but receive just 22.9% of the number of loans from financial institutions.
PFE Releases Latest Small Business Lending Matters Report - Partnership for Financial Equity
Boston, MA – Over one-third of businesses in the Commonwealth’s Gateway Cities are in low-income tracts but receive just 22.9% of the number of loans from financial institutions, according to a report...
financialequity.net
financialequity.bsky.social
Join us this morning at 9am for a preview of our soon-to-be-released Small Business Lending Matters report. us02web.zoom.us/meeting/regi...
financialequity.bsky.social
FDIC unbanked survey is out today.

The unbanked rate is down modestly from 2021 to 2023 (4.5 percent to 4.2). However, unbanked rates among households of color remained several times higher than the unbanked rate among White households.
2023 FDIC National Survey of Unbanked and Underbanked Households | FDICShare on XFollow the FDIC on X
www.fdic.gov