Pittsburgh Community Reinvestment Group was founded to ensure equitable investment in all Pittsburgh neighborhoods through education, research and policy. PCRG’s core goal of expanding the availability of resources to foster strong, stable, complete communities is met in part through the establishment of bankers’ councils.

The bankers councils were founded to increase communication between community stakeholders like our member organizations and the banks that invest in the Pittsburgh region. At the Midtier Bankers Collaborative Council (MBCC) and the Community Bankers Collaborative Council (CBCC), community and bank leadership meet to identify common barriers, joint opportunities and partnerships to advance the respective partners’ missions.

This partnership has resulted in concrete benefits for both banks and communities. The Community Acquisition and Rehabilitation Loan (CARL) program first arose out of conversations that took place at CBCC meetings. The MBCC has produced the Credit Subcommittee, which is working to address the disparity in homeownership for African-Americans and other minorities in Allegheny County by addressing credit history. PCRG continues to connect members and bankers to create a better investment environment in Pittsburgh.

 

 

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