Branch closures hit some customers hard: small businesses that deal in cash, city dwellers reliant on public transit, and older customers. Of the 230 branches closed since the start of COVID, one quarter of those were in low- and moderate-income areas, according to federal data and WBUR reporting.
Stakeholders on all sides of the issues sounded off on the proposed changes to the federal redlining statute in comments to the banking agencies marshaling the changes. HousingWire breaks down who said what.