Top Tweets for #JARCBX
Thanks to everyone who joined our PPP Panel today! Swipe through to see more Small Business Resources! 🎉
#JARCBX #JARCWeek #theBronx #PPP #SmallBusinesses
20 banks made $6.1 BILLION in overdraft fees in 2018.
Rather than collecting fees and closing branches, banks must INVEST in our communities for a just recovery.
@AmalgamatedBank and @Chase, the #JARCBX looks fwd to continued convos to realize the CRA.
#PeopleOverProfit
#JARCBX also looks fwd to convos with other Bronx-serving financial institutions about better serving the West Bronx & @Bronxcb5, including:
@SpringBankNY
@USAllianceFCU
@AppleBank
@CapitalOne
@popularbank
@MandT_Bank
@HSBC
@Chase
Here's lines at @AmalgamatedBank Coop City. One Burnside senior with a disability took transit+brought folding chair. Must do better for them.
#InvestInTheBronx #JARCBX
🗣Burnside Banking Update!
Colleagues on #JARCBX are in convos w both closed banks, @AmalgamatedBank & @Chase, re: how to invest in the West Bronx.
MUST keep focus on fundamental problem:
Institutional departures hurt our communities, now is not the time to disinvest.
Tx @NorwoodNews for highlighting our community's fight for investment.
On 8/24, #JARCBX gathered to tell bank administrators the decision will hurt a community already facing daunting financial prospects in the midst of an economic downturn complicated by a public health crisis.
Rally to Re-Open Amalgamated Bank on Burnside https://t.co/LZxR1CkE7P
https://t.co/Oes71lFSnm The Jerome Avenue Revitalization Collaborative #JARC our newly formed partnership rallied the community to preserve this banking development disrict in the Bronx @Bronxcb5 @PiSanchezNYC @BjtBronx @JobsFirstNYC
#JARCBX #investintheBronx #NY15 #ourBronx
Today, we stood together, organized and connected by love for our community.
We have a commitment to our future.
@AmalgamatedBank + @Chase: Do you?
#JARCBX
We call on Amalgamated Bank and Chase to show us were they stand in this moment, #InvestInTheBronx and support the Black, Latinx, and very low income residents of our Bronx community.
#JARCBX
With @AmalgamatedBank and @Chase on Burnside, we are once again seeing a far too familiar trend: for us investment & institutional support is always late to arrive and early to exit at any sign of crisis.
#JARCBX
We have been devastated by COVID-19, while still recovering from decades of arson+disinvestment caused by racist federal redlining policy since 1930's, which depressed property values & wealth generation to our community for decades, and led us to be extremely unbanked. #JARCBX
We gathered this morning to highlight an injustice that is occurring to our families, seniors, and neighbors right here on Burnside and throughout the West Bronx:
The abandonment of our local financial institutions.
#JARCBX
🗣️Join TODAY at 9AM for a 10AM press conference
🗣️Únase HOY a las 9AM para una 10AM conferencia de prensa
To oppose @AmalgamatedBank & @Chase disinvesting in our W. BX community
Para oponerse a @AmalgamatedBank y @Chase desinvirtiendo en nuestra O. BX comunidad
#JARCBX
And with NO physical access to high quality commercial banking services, we are left subject to expensive+predatory svcs, which of course abound in our community.
Making an already financially difficult time, worse.
#JARCBX
https://t.co/7ZscJi7gNZ
With both @AmalgamatedBank and @Chase closed, the heart of our West Bronx community is left with NO physical access to commercial banking.
#JARCBX
.@AmalgamatedBank intends to permanently shutter its Burnside location in September 2020, one of several planned closures citywide mostly in low-income communities - following a national trend of faster bank closures in underserved communities.
#JARCBX
https://t.co/cPBSWyFfCS
The W. BX is extremely underbanked b/c historical disinvestment. Now @AmalgamatedBank & @Chase are repeating history. Join us!
El O. BX está sumamente subbancarizado debido a desinversión histórica. Ahora @AmalgamatedBank y @Chase repiten la historia. Únase!
#JARCBX @Bronxcb5
My OpEd:
@AmalgamatedBank, founded by a union of immigrants and "America's Socially Responsible Bank," plans to abandon our BX community when we need it most.
#JARCBX @UNHP @BronxCB5 @BjtBronx @Sustainable @TheHOPEProgram @MetaBronx @WHEDcoSpeaks @ANHDNYC @WorkersUnitedNY
Bank on Burnside
@AmalgamatedBank, an institution founded by a union of immigrants in 1923 to provide unbanked members with a trusted financial institution is preparing to cut off a critical financial lifeline to my West Bronx community.
https://t.co/eV0OA9liJZ
#TheBronx
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