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Partnership for Financial Equity

@financialequity.bsky.social

Using our unique voice for a better financial future for all financialequity.net

23 Posts41 Follower134 Folgt
Partnership for Financial Equity@financialequity.bsky.social · 8mo ago

Thomas Callahan, executive director of the Massachusetts-based Partnership for Financial Equity, said the edict had a “chilling effect.” “Every bank we’ve talked to is at a minimum re-examining whether they want to continue,” Mr. Callahan said.

Lydia DePillis@lydiadepillis.bsky.social · 8mo ago

Today from me: Bill Pulte has made a lot of headlines for going after Trump's opponents and proposing far-fetched housing affordability ideas. But the agency he runs, FHFA, has taken steps that make it harder for low-income people to buy homes. www.nytimes.com/2026/01/14/b...

Partnership for Financial Equity@financialequity.bsky.social · 8mo ago

“…the results offer insights into how financial institutions and regulators can build trust with unbanked households and promote greater financial inclusion.” Thank you @urbaninstitute.bsky.social for elevating our research on trust in banking among low-income households.

Urban Institute@urbaninstitute.bsky.social · 8mo ago

Unbanked rates have fallen, but low-income #households remain above the national average. New survey results shed light on why trust in #banks is lacking—and how #financial institutions and regulators can build it. Read more in this Urban Wire article.

Amalie Zinn@amaliezinn.bsky.social · 9mo ago

New blog out on @urbaninstitute.bsky.social about what new data from @financialequity.bsky.social tells us about trust in banking, the role of fed regulation and policy, and how banks can strive for market share + pursue financial inclusion at once: www.urban.org/urban-wire/c...

Consumers with Low Incomes Often Distrust Mainstream Financial Services. New Data Shed Light on the Reasons

Results from a survey of households with low incomes offer insights into how financial institutions and regulators can build trust with unbanked households a…

urban.org

Dan Immergluck@danimmergluck.bsky.social · last yr.

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

federalreserve.gov

Partnership for Financial Equity@financialequity.bsky.social · 2y ago

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