California Reinvestment Coalition

15,000 Americans Tell Federal Reserve “No Thanks!” on TBTF Bank Merger of CIT Group and OneWest Bank

Tue, Feb 03, 2015 15:45 CET

PROPOSED BANK MERGER SETS NEW RECORD FOR NUMBER OF AMERICANS OPPOSING ITYesterday, California community advocates, along with the Daily Kos, delivered over 15,000 petitions to the Federal Reserve, setting a new record for the number of individuals opposing a bank merger. The petition signers are urging the Fed to not approve of a proposed merger of CIT Group and OneWest Bank, which would create the newest Too Big To Fail bank. Advocates also gave the Federal Reserve a letter signed by 51 national and state organizations, urging the Fed to hold public hearings on the proposed merger,

COALITION OF COMMUNITY GROUPS OPPOSES BANC OF CALIFORNIA ACQUISITION OF 20 BANCO POPULAR BRANCHES

Mon, Jul 14, 2014 22:25 CET

Advocates Urge Regulator to Hold Community Meetings to Get InputJuly 14, 2014—Los Angeles: Citing concerns about potential community impacts, the California Reinvestment Coalition is urging the Office of the Comptroller of the Currency to hold public hearings and extend the comment period for Banc of California’s proposed acquisition of 20 Banco Popular branches located in Southern California. The California Reinvestment Coalition (CRC) is a membership organization whose mission is to advocate for fair and equal access to banking and financial services for California’s low-income

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15,000 Americans Tell Federal Reserve “No Thanks!” on TBTF Bank Merger of CIT Group and OneWest Bank

COALITION OF COMMUNITY GROUPS OPPOSES BANC OF CALIFORNIA ACQUISITION OF 20 BANCO POPULAR BRANCHES