MCBC Bulletin - Spring 2016
MCBC Bulletin helps you to stay current and get connected. Read on for more info about upcoming events, program updates, committee activities, and news from the community reinvestment field.
Something New This Spring

It may not feel like spring outside, but spring at MCBC brings even more ways for you to stay current and get connected. Our new website just launched and we hope you will find it useful in getting all of the information you need to do your work. Make sure to check it out and provide feedback so we can better serve you.

Plus, we released a new Small Business report, elected new Directors and Officers to the MCBC Board, and are offering engaging meetings coming up this month. And as usual, there was plenty of community reinvestment news over the last few months to catch up on highlighted below.

I hope to see all of you over the next few months. 
In This Bulletin




MCBC is proud to announce the launch of our n ewly designed website. The new website, which has the same web address, www.mcbc.info , features a new design and more in-depth content to help you to stay current and get connected with MCBC news and events.

New Pages of Note:
In The News: This section features current Committee meeting topics, report releases, community reinvestment news stories and activities of our Members and Partners.
Useful Organizations: This page features organizations that can help you do your work.
Publications: This page features MCBC and other reports that are relevant to the field.

To have your news item, organization or report featured on these pages, please contact Dana LeWinter at dlewinter@mcbc.info.
 
Please feel free to contact us with your feedback and suggestions. We hope you enjoy exploring the new website and that the information is useful. 
SmallBiz2015Small Business Lending Report 2007-2014 Released

In its seventeenth report on small business lending patterns, MCBC provides an analysis of small business lending across the state with an emphasis on low-income and traditionally underserved areas. The report also reviews changes in economic conditions and other factors that effect small business lending.

The report analyzes 2014 lending data of loans of $1 million or less collected under the Community Reinvestment Act (CRA) along with quarterly Call Report data. In addition to the data in the report, MCBC is also providing data on all Massachusetts cities and towns in a set of on-line tables. The report was prepared for MCBC by Stuart Ryan of BankMaps LLC.

View the full report, Executive Summary, supplemental tables and press release here.
NewDirectorsMCBC Elects New Board Directors and Officers

MCBC is proud to welcome several new Directors to the Board in 2016. Please join us in welcoming Chrismaldi Vazquez, Executive Director, Family Independence Initiative Boston, and Lisa Joyner, Vice President and Community Development Program Manager, Santander Bank. Both bring a wealth of expertise and experience that will serve MCBC well.

In addition, MCBC elected a new slate of Officers for the coming year.
Chair: Tim Burrill, Vice President, Community Development Market Manager RBS Citizens
Vice-Chair: Sarita Ledani, Assistant Vice President, Business Development, RTN Federal Credit Union
Treasurer: Donna Haynes, Vice President, Community Development Officer and Loan Officer, Leader Bank, N.A.
Clerk: Erika Eurkus, Senior Director, Resource Development, Accion

To learn more about our new Directors and Officers, and all of our continuing Directors, click here.
BasicBankingThere is Still Time to Sign Up for Basic Banking for Massachusetts in 2016

Basic Banking for Massachusetts  was launched in 1994 to expand access to bank products and services and to encourage those with modest incomes to establish banking relationships.  Banks participating in  Basic Banking for Massachusetts voluntarily provide low-cost checking and savings accounts that meet prescribed guidelines
 
When you sign up for Basic Banking for Massachusetts, consumers can find your bank and your basic banking product on our searchable website BasicBanking.org. You will also receive a letter for your CRA file. 
 
Email dlewinter@mcbc.info to submit your banking product to Basic Banking for Massachusetts.

ComDigestNewsCommunity Reinvestment Digest News

A regular feature of MCBC Bulletin is the Community Reinvestment News Digest, in which we share a round-up of recent CRA-related news stories. MCBC does not necessarily endorse the opinions expressed in the following articles, but is sharing the links for your use, discussion and information, and to keep the conversation going between our regular  meetings and events.

 
" 10 Big Ideas for Banking in 2016" from AmericanBanker
 
 
 
 
 
 
   
 
" High-Impact Investing" from HuffPost Impact
 
 
 
 
 
 
" Small Business Credit Survey" from The Federal Reserve Bank of Boston
 
 
 
 
 

MeetingsJoin us for an Upcoming MCBC Committee Meeting

MCBC works through its committees, each co-chaired by a financial institution and a community representative. For more information or to hear about upcoming meetings, please contact Dana LeWinter at dlewinter@mcbc.info.
 
Mortgage Lending Committee:
All meetings are 9-11 AM at Massachusetts Housing Partnership, 160 Federal Street, Boston.
Tuesday, April 19: Topic: Appraisals
Tuesday, June 7

Economic Development Committee:
Meetings are generally held 9:30-11:30 AM at Interise, 197 Portland Street, 2nd Floor, Boston, MA.
Thursday, April 21: Topic: Federal Reserve Small Business Credit Survey
Thursday, June 9
JoinMCBC

Financial Institution Membership

Membership in the Massachusetts Community & Banking Council (MCBC) is open to all banks, thrift institutions and credit unions. The Commissioner of Banks has determined that membership dues to MCBC are a qualified investment under the State's CRA statute. 

Click here to see a list of our current members.


Community Partners

Not a financial institutions but want to show your support for MCBC while staying connected and informed? MCBC Community Partnership is open to all Massachusetts not-for-profit, community-based organizations and quasi-public and public agencies.

Click here to see a list of our current members.

To learn more about joining MCBC, contact Dana LeWinter, at (800) 982-8268 or via e-mail at dlewinter@mcbc.info

Massachusetts Community & Banking Council | 800-982-8268
dlewinter@mcbc.info | www.mcbc.info
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