Thursday
July 16
2020

Office of the Comptroller of the Currency Debuts Program to Expand Financial Inclusion

By Phil Hall

The Office of the Comptroller of the Currency (OCC) is teaming with leaders in the financial services industry and civil rights organizations on a new program designed to increase access to credit and capital by underserved communities.

The new Project REACh–Roundtable for Economic Access and Change–will focus on policy and structural issues at both local and national levels, with the goal of widening the scope of financial inclusion. Acting Comptroller of the Currency Brian P. Brooks acknowledged Project REACh was created in response to the wave of social justice protests that occurred after George Floyd’s death in Minneapolis police custody.

Photo courtesy of Free-Photos

Source: DS News (link opens in a new window)

Categories
Finance
Tags
capital, credit, financial inclusion, social change