By Daniel McKay, James Morrissey and Mark Svalina ( March 16, 2023, 5:29 PM EDT) -- On March 23, 2021, the Illinois Community Reinvestment Act was signed into law.[1] The stated purpose of the Illinois CRA is to ensure that covered financial institutions are equitably providing financial services across the state, including to low- and moderate-income neighborhoods, and areas where there is a lack of access to safe and affordable banking and lending services....
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