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Subsidies will create or rehabilitate more than 2,100 housing units
Recommendations include Bank On-certified accounts, greater flexibility around identification and financial education
Three-year commitment also supports minority communities with affordable housing and investment in Black-owned businesses
Moore Impact intends to reinvest to support “Power Champions” working at the intersection of racial inequality and Covid-19
Proceeds to support social projects across global emerging markets
Communities of color and small businesses will have access to loans and investments
One in ten U.S. adults are credit invisible, or have no credit at all
The bank violated the Fair Housing Act during the period 2014 to 2016
Advice follows complaint involving UBS and Hikvision
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