Registration for this event is now closed.
Increasingly, Americans are less likely to find a neighborhood bank branch within a walkable distance. The disappearance of brick-and-mortar branches is a trend that does not show evidence of slowing down. According to SNL Financial, banks closed a total of 281 branches in the United States in the first three months of 2014, representing an increase of roughly 2 percent over the previous year.
This community reinvestment roundtable discussion will focus on the national trend of bank branch closures and the resulting challenges and opportunities experienced by communities. Participants will hear from nonprofit representatives who have benefited from bank donations of real estate, resulting in favorable consideration for the bank under the Community Reinvestment Act (CRA).
This event is free; however, registration is required by Thursday, May 7. Seating is limited, so early registration is encouraged. Business casual attire is appropriate. A light continental breakfast will be served.
For more information, please contact Kathy Moore Cowan at 901-531-5110, or via email at firstname.lastname@example.org.
Presented by the Federal Reserve Bank of St. Louis—Memphis Branch, Barret School of Banking, Community Development Council of Greater Memphis, FDIC and the Office of the Comptroller of the Currency (OCC).