The Bank Rundown: January 2024

January 26, 2024 by “If you are not at the table, you are on the menu.” By Kevin Stein, Chief of Legal and Strategy Who says Community Benefits commitments are just for big banks? CVCB creates a strong climate for community banks to serve their communities Rise Economy was pleased to end 2023 with a novel Community Benefits Commitment...
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Rise Economy and Central Valley Community Bancorp Announce Comprehensive Community Benefits Commitment

January 04, 2024 by

LOS ANGELES, Jan 4, 2024 – Rise Economy (formerly the California Reinvestment Coalition) and Central Valley Community Bancorp (the Company), the parent company of Central Valley Community Bank (CVCB), announced today a comprehensive community benefit commitment that aims to foster economic vitality through targeted initiatives that include the support…

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CRC Staff Reflect on 2022

December 16, 2022 by

It was another busy year for CRC. In 2022, CRC and its allies negotiated more than $80 billion in Community Benefits Agreements (CBA) for California, passed AB 1837, the Homes in Community Hands Act, equipped dozens of mid- and senior-level employees with racial and economic justice advocacy skills, and…

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Timeline: U.S. Bank-Union Bank Merger Events

April 06, 2022 by

In November of 2021, the California Reinvestment Coalition officially opposed the proposed merger of U.S. Bank and Union Bank, which had been announced two months earlier. There has been a whirl of activity from CRC since. Take a look at the timeline below to recap more than six months…

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