North Lawndale Employment Network’s Post

After Relman Colfax conducted a comprehensive #RacialEquity audit of State Street in 2023, we were thrilled to see their commitment to increasing investments in communities of color through their $100 million deposit program. We have been eagerly following their journey to create a more #inclusive and #equitable financial ecosystem for all. Today, we are proud to recognize State Street's recent efforts for advancing financial equity through their deposits to #CarverStateBank Citizens Trust Bank and Ponce Bank—three mission-driven minority depository institutions (MDIs). These actions are pivotal in addressing the disparities that persist in our financial ecosystem. https://lnkd.in/eMvzUjmu

Understanding the Community Reinvestment Act (CRA) is crucial for financial institutions. Learn about the latest changes in the new CRA rule effective April 1, 2024. Discover how banks will navigate asset thresholds, retail lending tests, and more. Stay informed to ensure compliance. #CommunityReinvestmentAct #CRA #BankingRegulations

Understanding the Community Reinvestment Act (CRA) is crucial for financial institutions. Learn about the latest changes in the new CRA rule effective April 1, 2024. Discover how banks will navigate asset thresholds, retail lending tests, and more. Stay informed to ensure compliance. #CommunityReinvestmentAct #CRA #BankingRegulations

Understanding the Community Reinvestment Act (CRA) is crucial for financial institutions. Learn about the latest changes in the new CRA rule effective April 1, 2024. Discover how banks will navigate asset thresholds, retail lending tests, and more. Stay informed to ensure compliance. #CommunityReinvestmentAct #CRA #BankingRegulations

Understanding the Community Reinvestment Act (CRA) is crucial for financial institutions. Learn about the latest changes in the new CRA rule effective April 1, 2024. Discover how banks will navigate asset thresholds, retail lending tests, and more. Stay informed to ensure compliance. #CommunityReinvestmentAct #CRA #BankingRegulations

Understanding the Community Reinvestment Act (CRA) is crucial for financial institutions. Learn about the latest changes in the new CRA rule effective April 1, 2024. Discover how banks will navigate asset thresholds, retail lending tests, and more. Stay informed to ensure compliance. #CommunityReinvestmentAct #CRA #BankingRegulations

As part of our longstanding tradition of offering honest and insightful commentary about the state of our company and the economic conditions impacting our industry and communities, we’re pleased to share our annual letter to shareholders from our Chairman and CEO, René Jones. This year's letter addresses a variety of topics, including the importance of earning trust and fostering public confidence to strengthen not only the banking sector, but businesses across industries, and thriving communities. The letter also provides a candid assessment of M&T Bank’s 2023 financial performance, including how the strength of our business—our prudent lending practices, vigilant risk assessment, and deep customer relationships—helped us navigate a tumultuous 2023. “[W]e take as part of our charge to build and maintain public trust in what we do—through prudent lending and support for civic institutions. We understand—as does the public—that the erosion of trust is problematic not just for banks but for those who buy or renovate homes, purchase new cars, convert ideas into profitable businesses, and have the time and means to volunteer at the great range of local groups that are marks of healthy community life. For us, trust is not a given—it’s a process, one we work hard to instill every day.” — M&T Bank Chairman and CEO René Jones Artwork on the cover of this year’s message to shareholders by Boston-based artist, Silvia López Chavez.

In today’s banking climate, it’s important to choose a bank that you can feel safe with. It’s great to see that M&T Bank is demonstrating such strong fundamentals.

As part of our longstanding tradition of offering honest and insightful commentary about the state of our company and the economic conditions impacting our industry and communities, we’re pleased to share our annual letter to shareholders from our Chairman and CEO, René Jones. This year's letter addresses a variety of topics, including the importance of earning trust and fostering public confidence to strengthen not only the banking sector, but businesses across industries, and thriving communities. The letter also provides a candid assessment of M&T Bank’s 2023 financial performance, including how the strength of our business—our prudent lending practices, vigilant risk assessment, and deep customer relationships—helped us navigate a tumultuous 2023. “[W]e take as part of our charge to build and maintain public trust in what we do—through prudent lending and support for civic institutions. We understand—as does the public—that the erosion of trust is problematic not just for banks but for those who buy or renovate homes, purchase new cars, convert ideas into profitable businesses, and have the time and means to volunteer at the great range of local groups that are marks of healthy community life. For us, trust is not a given—it’s a process, one we work hard to instill every day.” — M&T Bank Chairman and CEO René Jones Artwork on the cover of this year’s message to shareholders by Boston-based artist, Silvia López Chavez.

As part of our longstanding tradition of offering honest and insightful commentary about the state of our company and the economic conditions impacting our industry and communities, we’re pleased to share our annual letter to shareholders from our Chairman and CEO, René Jones. This year's letter addresses a variety of topics, including the importance of earning trust and fostering public confidence to strengthen not only the banking sector, but businesses across industries, and thriving communities. The letter also provides a candid assessment of M&T Bank’s 2023 financial performance, including how the strength of our business—our prudent lending practices, vigilant risk assessment, and deep customer relationships—helped us navigate a tumultuous 2023. “[W]e take as part of our charge to build and maintain public trust in what we do—through prudent lending and support for civic institutions. We understand—as does the public—that the erosion of trust is problematic not just for banks but for those who buy or renovate homes, purchase new cars, convert ideas into profitable businesses, and have the time and means to volunteer at the great range of local groups that are marks of healthy community life. For us, trust is not a given—it’s a process, one we work hard to instill every day.” — M&T Bank Chairman and CEO René Jones Artwork on the cover of this year’s message to shareholders by Boston-based artist, Silvia López Chavez.