[Banks improve services to low-income neighborhoods]
Original Airdate: 1/15/1990
Item Type: newstape - edited story master
Go to full description for this item.
Description : Abstract
Christy George reports that poor neighborhoods lack access to banking services. George notes that banking leaders met with community leaders today to announce an agreement that will provide better banking services to poor neighborhoods. George reviews the details of the agreement, which will provide bank branches, loans, and increased investment to poor neighborhoods. George's report includes footage of the meeting of banking and community leaders. Richard Pollard (Massachusetts Bankers Association) says that redlining did not take place in the 1980s. Charles Stith (Organization for a New Equality), Bruce Bolling (Boston City Council), Willie Jones (Community Investment Coalition), John Hamill (Shawmut Bank), and Ronald Homer (Boston Bank of Commerce) all speak out in favor of the proposal. Michael Dukakis (Governor of Massachusetts) is present at the meeting. George reports that the agreement forces banks to restructure their rules in order to serve poor people.
Contributor : Reporter
Subject : Keywords
Banks and banking
Subject : Personal Names
Type : Genre
News - Television
|Browse Clips by:
Subject | Personal Name | Corporate Name
Geographic Location | Video Clip
About the Collection:
History | Arrangement | Scope + Content | Access Tools
The Ten O'Clock News Home | WGBH
The Ten O'Clock News Project is a production of the WGBH Archives.
©2003 WGBH Educational Foundation.