cra - Blogs - TheBlackList Pub2024-03-29T11:46:54Zhttps://www.theblacklist.net/profiles/blogs/feed/tag/craIllinois State Treasurer Victory !https://www.theblacklist.net/profiles/blogs/illinois-state-treasurer2011-05-06T20:57:40.000Z2011-05-06T20:57:40.000ZMark S. Allenhttps://www.theblacklist.net/members/MarkSAllen<div><p> </p><div><p><font face="Arial" size="2" color="#000000" id="rolx_document"><font face="Times New Roman"><strong><font size="5"><font face="Georgia">Call To Action WIN!<span style="font-family:georgia, palatino;font-size:18pt;"> </span></font></font></strong></font></font></p><p><font face="Arial" size="2" color="#000000"> </font></p><p></p><div><span style="font-family:georgia, palatino;font-size:18pt;"><strong> Illinois Treasurer Rutherford Re-Adopts Citizen</strong></span></div><div><b><span style="font-family:georgia, palatino;font-size:18pt;"> CRA Complaint Form!</span></b></div><div><span style="font-family:georgia, palatino;">Illinois Treasurer Dan Rutherford has re-adopted and re-posted the Citizen CRA (<span class="yshortcuts" id="lw_1304710683_0" style="border-bottom:#366388 2px dotted;">Community Reinvestment Act</span>) Complaint Form, negotiated by the Community Reinvestment Organizing Project (COP), two years along as a <span class="yshortcuts" id="lw_1304710683_1">bank accountability</span> process for Illinois citizens with concerns by limited or non-existent CRA activity of state depositories. <b>(SEE ATTACHED).</b><br /></span></div><div><span style="font-family:georgia, palatino;"><br /></span></div><div><span style="font-family:georgia, palatino;">COP leaders became aware that the form was no longer on the website of the Illinois Treasurer's Office in February during a meeting with senior officials of the City of Chicago Treasurer's Office to discuss a similar CRA policy for municipal depositories.</span></div><div><span style="font-family:georgia, palatino;"><br /></span></div><div><span style="font-family:georgia, palatino;">Leaders of COP met with Treasurer Rutherford and urged re-adopting the policy and commitment to hold banks that receive public deposits and investment accountable to Illinois citizens and communities struggling with the impact of foreclosure, rising fees, branch closings, and abandoned properties that taxpayers pay to maintain.</span></div><div><span style="font-family:georgia, palatino;"><br /></span></div><div><b><span style="font-family:georgia, palatino;"><span class="yshortcuts" id="lw_1304710683_2" style="border-bottom:medium none;background:transparent none repeat scroll 0% 0%;">Illinois Senator Kimberly Lightford</span> arranged the meeting.<br /></span></b></div><div><span style="font-family:georgia, palatino;"><br /></span></div><div><span style="font-family:georgia, palatino;"><strong><span class="yshortcuts" id="lw_1304710683_3" style="border-bottom:medium none;background:transparent none repeat scroll 0% 0%;">Mark Allen</span>, chairman of the <span class="yshortcuts" id="lw_1304710683_4">Community Banking</span> Coalition,</strong> a COP affiliate group, stated, "We fought too hard and long for this bank accountability policy to no longer continue as policy for the new treasurer, and now that the policy of a process for filing a compliant on legitimate grounds and concerns of reinvestment is back in place, we must begin to use it to effectively win commitments that offer hope and change for economically struggling communities, urban and rural".</span></div><div><b><span style="font-family:georgia, palatino;"><br /></span></b></div><div><b><span style="font-family:georgia, palatino;">The Community Reinvestment Organizing Project is funded by a grant from the Woods Fund of Chicago.</span></b></div><div><b><span style="font-family:georgia, palatino;"><br /></span></b></div><div><b><span style="font-family:georgia, palatino;"><span class="yshortcuts" id="lw_1304710683_5" style="border-bottom:medium none;background:transparent none repeat scroll 0% 0%;">Otis Chandler</span> Monroe, III</span></b></div><div><b><span style="font-family:georgia, palatino;">CEO</span></b></div><div><b><span style="font-family:georgia, palatino;">The Monroe Foundation</span></b></div><div><b><span style="font-family:georgia, palatino;"><a target="_blank" href="http://www.themonroefoundation.org/"><span class="yshortcuts" id="lw_1304710683_6"><font color="#0000FF">www.themonroefoundation.org</font></span></a></span></b></div><div><span style="font-family:georgia, palatino;"><b>(<span class="yshortcuts" id="lw_1304710683_7" style="border-bottom:#366388 2px dotted;background:transparent none repeat scroll 0% 0%;">773) 315-9720</span></b><br /></span></div></div></div>