New Website Provides Vital Information about California’s Banking and Financial Services in Low-Income Communities and Communities of Color

The California Reinvestment Coalition (CRC) is proud to unveil its new and improved website, www.calreinvest.org. The site includes current, detailed information about the effects of Payday Lenders and Check Cashers, predatory mortgage lenders, tax Refund Anticipation Loans and other financial predators in the state’s low-income communities and communities of color. The site also displays recent developments in CRC’s work with California’s major banks to make specific dollar and lending commitments to California communities, and to offer fair financial services in all neighborhoods. In fact, the most recent commitments, written by the banks, are posted on the site.

The new site is a wonderful tool for community groups, the media, consumers, policy makers and bankers alike. It includes CRC’s latest reports, press releases and work against predatory lending and unfair banking and insurance practices.

Calreinvest.org comes with a new blog feature, allowing CRC to provide up-to-date reinvestment news from across the state and nation. Also new to site is a feature called “In the Spotlight,” which highlights the positive work of groups and individuals to provide fair finance and community development in California’s diverse neighborhoods. And there is a “Tell us your Story” option on the site as well, for consumers and community advocates to alert CRC to any unfair, predatory financial practices.

For the media, CRC has a “Newsroom” section with recent press releases, coverage and information about CRC-hosted media briefings.

Please take some time to browse the new site, and visit it frequently for the latest in Community Reinvestment, banking and other financial services news.

For more information about CRC and the website please contact Victoria Leon Guerrero at (415) 864-3980 or victoria@calreinvest.org.

The California Reinvestment Coalition advocates for the right of low-income communities and communities of color to have fair and equal access to banking and other financial services. CRC has a membership of more than 240 nonprofit organizations and public agencies across the State.