Illinois State Treasurer Victory !


Call To Action WIN! 


 Illinois Treasurer Rutherford Re-Adopts Citizen
                      CRA Complaint Form!
Illinois Treasurer Dan Rutherford has re-adopted and re-posted the Citizen CRA (Community Reinvestment Act) Complaint Form, negotiated by the Community Reinvestment Organizing Project (COP), two years along as a bank accountability process for Illinois citizens with concerns by limited or non-existent CRA activity of state depositories. (SEE ATTACHED).

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.

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.

Illinois Senator Kimberly Lightford arranged the meeting.

Mark Allen, chairman of the Community Banking Coalition, 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".

The Community Reinvestment Organizing Project is funded by a grant from the Woods Fund of Chicago.

Otis Chandler Monroe, III
The Monroe Foundation
(773) 315-9720
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