Economic Equity works to overcome the lingering effects of redlining, help communities of color build wealth, and ensure that our financial system works for all.

Letter to Federal Reserve Bank of San Francisco Urging Diverse President

April 16, 2018

The Greenlining Institute, along with the California Reinvestment Coalition, Center for Popular Democracy, Chicanos Por La Causa, Community Council of Idaho, National Association for Latino Community Asset Builders, National Coalition for Asian Pacific American Community Development, and TELACU, submitted a…
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Letter to Gov. Brown Regarding Opportunity Zone Initiative and Anti-Displacement Measures

March 15, 2018

The Greenlining Institute and 16 coalition members sent a brief comment letter to California Governor Jerry Brown advocating for anti-displacement measures to be further embedded in the roll out of the new Opportunity Zone initiative, a new federal program meant…
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Letter to the Treasury Department in Support of the Community Reinvestment Act

February 27, 2018

Greenlining and coalition partners submitted a letter in support of preserving and strengthening the CRA, in response to the U.S. Department of the Treasury’s review of this civil rights law passed by Congress in 1977 to address redlining. Under the…
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GLI Joins Call for Greater Data Transparency at CFPB

November 17, 2017

The Greenlining Institute signed on to an effort led by the National Community Reinvestment Coalition to push for wider data disclosure for home lending in order to shed light on racially inequitable lending practices nationwide. Read the letter here.
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Greenlining Supports Section 1071 of the Dodd-Frank Wall Street Reform Act

September 18, 2017

On September 14th, The Greenlining Institute submitted a letter to the Consumer Financial Protection Bureau, along with 33 nonprofits, Chambers of Commerce, and business associations, strongly urging the CFPB to implement Section 1071 of the Dodd-Frank Wall Street Reform Act.…
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Letter to the Federal Reserve Board of Governors on Why the Federal Reserve Must Support Diversity of Regional Bank Presidents

March 13, 2017

At Greenlining, we understand that people solve the problems they see. Disproportionate unemployment of our communities is inextricably linked to the absence of a single black or Latino regional bank president in the Fed’s 102 year old history. Read the…
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Letter to the Federal Reserve Regarding Proposed Merger Between Cathay General Bancorp and SinoPac Bancorp

November 14, 2016

The Greenlining Institute wrote to the Federal Reserve Bank of San Francisco to express its concern about the proposed merger between Cathay General Bancorp and SinoPac Bancorp. Cathay Bank has a poor lending record to low- and moderate-income borrowers, non-Asian ethnic minority…
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Greenlining’s Comments and Recommendations Regarding OMWI Inspector General Reports

November 4, 2015

In the wake of reports from Inspectors General at seven federal financial regulatory agencies documenting shortcomings in their diversity efforts, Greenlining wrote to the agencies to make specific recommendations on how to bolster diversity. To read the comments and recommendations,…
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Comments of Greenlining on Final Interagency Diversity Standards in Financial Sector

August 18, 2015

The Offices of Minority and Women Inclusion are charged with creating standards on workforce and supplier diversity for nearly 70,000 financial institutions in the private sector. Disappointed with their final standards, published in June 2015, Greenlining submitted a final response…
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Letter to the Federal Reserve and Office of the Comptroller of the Currency Regarding Attempts to Buy Public Support for the CIT/OneWest Bank Merger

March 6, 2015

Greenlining wrote to federal regulators requesting an investigation of evidence that OneWest Bank used its philanthropic support to influence public testimony regarding its attempt to merge with CIT Group. To read the comments, click here.
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