Sunday, November 13, 2005
Chase Bank’s Practice of “Affirmative Action”
According to Chase Bank’s CRA activities report, they have “$800 billion” dollars for contributions to improve the conditions of low, moderate income individuals in order to conform to the conditions of The Community Re-Investment Act of 1977 “CRA”. According to Chase they have spent $69 billion since April 2004. UAAD ask that Chase negotiate and spend the remaining bulk to assist African Americans. This regulation was enacted by Congress to address the discriminating, red-lining, and other unfair banking practices of our nation’s banks. When these funds are expended in good faith for purposes there were meant, it will allow the building in the disaster areas to include areas as the ninth ward in New Orleans, and other blighted areas throughout the communities Chase Bank serves or should serve. See: www.unitedaffirmativeactiondevelopment.com,
www.uedcrabank.blogspot.com, www.uaadcra.blogspot.com, www.uaadcrahbuc.blogsport.com
According to Chase Bank’s CRA activities report, they have “$800 billion” dollars for contributions to improve the conditions of low, moderate income individuals in order to conform to the conditions of The Community Re-Investment Act of 1977 “CRA”. According to Chase they have spent $69 billion since April 2004. UAAD ask that Chase negotiate and spend the remaining bulk to assist African Americans. This regulation was enacted by Congress to address the discriminating, red-lining, and other unfair banking practices of our nation’s banks. When these funds are expended in good faith for purposes there were meant, it will allow the building in the disaster areas to include areas as the ninth ward in New Orleans, and other blighted areas throughout the communities Chase Bank serves or should serve. See: www.unitedaffirmativeactiondevelopment.com,
www.uedcrabank.blogspot.com, www.uaadcra.blogspot.com, www.uaadcrahbuc.blogsport.com
