Community
Community banking coalition to receive award
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The group will be honored by the Woodstock Institute at a conference being held Thursday in Downtown Chicago.
News
Bank kicks off investment on West Side
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U.S. Bank and The Coalition to Save Community Banking celebrated Friday reaching agreement over how to continue the work of now-closed Park National.
News
U.S. Bank to unveil agreement with its West Side neighbors
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The West Side community is invited to a public reception 10 a.m. Friday, at Madison Street and Austin Boulevard.
News
Partnership between US Bank and West Side community may be in the works
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The Coalition to Save Community Banking will brief the West Side community on its efforts to reach a community benefits agreement with US Bank at an upcoming meeting. The coalition met this week with bank officials and elected officials. US Bank took over the branch offices of Park National Bank, which federal regulators shut down in fall 2009.
News
Public hearing on Community Reinvestment Act brings both criticism and creative solutions
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The public can still submit comments about what changes should be made to the 33-year-old federal law through Aug. 31.
Opinion
All talk and no action as residents vent at foreclosure town hall
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US Bank had no clear answers to the fury over the handling of foreclosed properties on the West Side. Now, how will the community respond?
News
Bank officials attend lively town hall meeting on foreclosure
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West Side residents pushed US Bank to set up a fund to deal with the growing problem, but officials say they can’t promise $25 million right now.
News
Elected officials take a foreclosure tour in Austin
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The West Side community is invited to a town hall meeting tonight at 6:30 at Hope Community Church to disclose the growing problem of abandoned and boarded-up houses.
News
Austin and Oak Park residents keep fighting in wake of Park National Bank’s closure
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Members of the Coalition to Save Community Banks are planning to protest today outside the Chicago office of the FDIC inspector general. The group formed last year after federal regulators seized Park National Community Bank.
News
Some see silver lining in Park National Bank cloud
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No matter what the outcome in the Park National Bank seizure, the situation has broken down barriers between the Austin community and Oak Park residents. It’s the silver lining in the cloud that has hung over those two communities since October. That’s when the popular neighborhood bank, located in Oak Park, was seized by federal regulators, said Rev. Marshall Hatch, a member of the Coalition to Save Community Banking, a grassroots organization formed in response to the takeover and forced sale. “There’s much less of a barrier between Austin and Oak Park,” said Hatch, representing the New Mount Pilgrim Missionary Baptist Church in West Garfield Park. “This has brought people together.