UAAD/UEDC Hurricane Victims Recovery (HVR) Louisiana Bank Proposal

UEDC an affiliate of UNITED AFFIRMATIVE ACTION DEVELOPMENT CORP (UAAD) a 501c3 non-profit propose to create a coalition of small and large banks in the state of Louisiana in order to provide low, moderate-income individual and small businesses to include African Americans (AA) the necessary funding in order to recover from KATRINA, and its aftermath.

UAAD will seek a contribution of 3% of each banks CRA commitment to develop the following programs:

Mobil office and trailer units. These vehicles will be used to service the Hurricane Victims and others. Units will be staged at organization sites, churches, colleges and other locations to assist low-moderate income individuals in loan applications, credit repair, business assistance, legal and other mobile assistance. See: http://www.uaadcorp.com/

Promote Coordinate efforts with participating banks to bring financial aid to Hurricane Victims and others. See: http://www.uaadcra.blogspot.com/

Cost per Unit(s): $250,000.00 Mobil RV and Trailer
Operational Cost 6 months: 75,000.00
Total $325,000.00

Units will promote contributing banks logo and contribution.

UAAD is in the process of negotiating a low interest Affinity Credit Card that will benefit other participating banks members.

See: http://www.chaseuedcaffinity.blogspot.com/, credit card program.

UAAD anticipate that the majority of the banks in Louisiana will join and participate in this Hurricane Recovery program.

United Affirmative Action Development Corporation, a 501c3 non-profit, would like to meet with your CRA representative. We would like to have a copy of your CRA files and to discuss the following:
A CRA Proposal From UNITED EQUITY DEVELOPMENT CORP (UEDC) To All Banks In The State of Louisiana for Hurricane
KATRINA Recovery.

The suggestions of the COMMUNITY RE-INVESTMENT ACT of 1977 (CRA) is that banks commit at least 10 percent of their assets toward CRA activities. These set asides can be in the form of low interest loans, or contributions.
CRA a part of the civil rights legislation of 1977 was created due to predatory lending, red-lining and discrimination on the part of our nation’s banks.

see: http://www.uaadcorp.com / http://www.chaseuedcaffinity.blogspot.com/
http://www.chasebankreparation.blogspot.com/
UAAD/UEDC will organize a coalition of banks, community organizations, in order to benefit the Hurricane victims. Such a coalition will benefit the banks, low, moderate-income to include AA. / http://www.bankwhileblack.com/

Utilization of funds:

Finance down payments to low-moderate-income for home purchase, (based on programs JPMorganChase Bank has established).

Provide low (no interest loans to hurricane victims)

Provide low interest business loans to small businesses. (Lower to Katrina Victims).

Contributions to HBUC’s, to increase CRA activities and scholarship programs.

Establish Micro-business Centers at all HBUC’s and other locations where needed. Centers will be assisted by Community Organizations and small banks. Small banks will also serve and assist on Community Loan Committees.

In addition to low interest loans, assistance from business centers, our members will also benefit from UAAD/UEDC’s low interest AFFINITY CREDIT CARD being negotiated with JPMorganChase Bank.

Although UAAD/UEDC has in excess of 20 years involvement in CRA, we are aware that the success of accomplishing our goals we will need a commitment from our nation’s banks, FDIC, Office of the Comptroller of the Currency (OCC) and as many community organizations that will join with us in order to assist the KATRINA victims and others. Our nation’s banks have in excess of $4.2 trillion dollars in CRA commitments. If the CRA ACT has any significance or purpose, now is the time for it to be implemented. See: http://www.uedcinc.com/

We propose a 5 year commitment of 10 percent of assets to be administered by UAAD and other established community organizations. We will be negotiating for UAAD and the coalition will require a reasonable percentage in advance to administer these programs.
See: http://www.uaadcrahbuc.blogspot.com/
We anticipate your in-put and participation.

UEDC will ask small banks to contribute administration assistance in lieu of cash contributions. Such contributions will be in the form of business consultation, serving on community loan committees, teaching CRA and banking in HBUC’s etc. Larger banks will be asked to contribute at least 10 percent of their assets toward these proposed projects for the next 5 years. We believe the FDIC/OCC will consider this proposal to be practical and meet the requirements of the bank(s) obligation to meet prudent banking practices as required under the Community Re-Investment Act of 1977 (CRA).

UAAD's Hurricane Recovery Victims Proposal

Community Trust Bank (CTB) / Greater North Louisiana Community Development Corporation (GNLCDC) have entered into a CRA agreement that can set an example of how CRA can benefit HRV.

Greater North Louisiana Community Development Corporation – Chairman of the Board is Herb Simmons, who also serves as Alumni Director at Grambling State University. His wife, Jan is the Executive Director of the organization. CTB provides donations of money and time to help GNLCDC succeed and do their work in the community. In addition Janice Evans, Northside Branch Manager for CTB, and Larry Emery, serve as Board Members for GNLCDC. CTB has provided the MoneySmart curriculum, an adult financial literacy program, to GNLCDC for the past four years free of charge and has provided bank personnel to aid in educating people in the program. In addition to this work, GNLCDC is now in the process of establishing a Small Business Development Center in Jonesboro. The building is already secured and two thirds of the money has been established. CTB has provided homebuyer education, home loans, grants, donations, and time to GNLCDC during the past four years to better meet the needs of low-moderate income people in our surrounding parishes. For more information see:
http://journals.aol.com/uedcinc/UAADCRA/#Entry317

It is expected that the present support CTB is providing, additional support will also be made available. UAAD will approach and expect similar support from all banks in the state of Louisiana. UAAD’s goal is to have Louisiana banks contribute at least 100% of their CRA commitments toward UEDC’s Hurricane Victims Recovery.

UEDC will build coalitions of community organizations, small, medium and large banks to reach goals of raising, distributing, micro management of billions of dollars that is needed for hurricane victims’ recovery.

JPMorganChase Bank expected contribution:
In a recent telephone conversation with Mr. Mark Willis, Vice-President of Community Partnership for Chase Bank, he agreed to entertain funding the above project upon receiving a written presentation.
UAAD’s negotiations with Chase Bank’s Affinity Credit Card Department will also add additional benefits to HRV. See: http://www.chaseuedcaffinity.blogspot.com/

Arrangements of this nature between small, medium, large banks and community organizations is the platform in which CRA agreements can be established to benefit the communities each bank serves.

A CRA Proposal From UNITED EQUITY DEVELOPMENT CORP (UEDC) To All Banks The State of Louisiana for Hurricane KATRINA Recovery.

UEDC an affiliate of UNITED AFFIRMATIVE ACTION DEVELOPMENT CORP (UAAD) a 501c3 non-profit propose to create a coalition of small and large banks in the state of Louisiana in order to provide low, moderate-income individual and small businesses to include African Americans (AA) the necessary funding in order to recover from KATRINA, and its aftermath.
The suggestions of the COMMUNITY RE-INVESTMENT ACT of 1977 (CRA) is that banks commit at least 10 percent of their assets toward CRA activities. These set asides can be in the form of low interest loans, or contributions.
CRA a part of the civil rights legislation of 1977 was created due to predatory lending, red-lining and discrimination on the part of our nation’s banks.
see: http://www.uaadcorp.com/ / http://www.chaseuedcaffinity.blogspot.com/
http://www.chasebankreparation.blogspot.com/

UAAD/UEDC will organize a coalition of banks, community organizations, in order to benefit the Hurricane victims. Such a coalition will benefit the banks, low, moderate-income to include AA. / http://www.bankwhileblack.com/

Although UAAD/UEDC has in excess of 20 years involvement in CRA, we are aware that the success of accomplishing our goals we will need a commitment from our nation’s banks, FDIC, Office of the Comptroller of the Currency (OCC) and as many community organizations that will join with us in order to assist the KATRINA victims and others. Our nation’s banks have in excess of $4.2 trillion dollars in CRA commitments. If the CRA ACT has any significance or purpose, now is the time for it to be implemented. See: http://www.uedcinc.com/

UEDC would like for those receiving the above document to review and comment. We are meeting with a local bank’s CRA official here in Ruston, LA to present this proposal. We propose a 5 year commitment of 10 percent of assets to be administered by UAAD and other established community organizations. We will be negotiating for UAAD and the coalition will require a reasonable percentage in advance to administer these programs.
See: http://www.uaadcrahbuc.blogspot.com/
We anticipate your in-put and participation.

UEDC will ask small banks to contribute administration assistance in lieu of cash contributions. Such contributions will be in the form of business consultation, serving on community loan committees, teaching CRA and banking in HBUC’s etc. Larger banks will be asked to contribute at least 10 percent of their assets toward these proposed projects for the next 5 years. We believe the FDIC/OCC will consider this proposal to be practical and meet the requirements of the bank(s) obligation to meet prudent banking practices as required under the Community Re-Investment Act of 1977 (CRA).

Walter L. Ellis, CEO UAAD/UEDC 866 276-2294

HOW JPMORGAN TREAT AFRICAN AMERICANS WHO COMPLAIN ABOUT THEIR DISCRIMINATORY PRACTICES

Under the Community Re-investment Act of 1977 (CRA) regulations, banks are required to provide to individuals or organizations complaints that are filed against the branch or the bank. Since 1995 I have asked and received some information as the CEO United Affirmative Action Development Corp (UAAD) while investigating their activities under CRA. In the past year the bank manager, Ms. Sanders has refused or resisted supplying such reports.
See: http://www.uaadcorp.com

See the following letter:
Ms. Bridgette Sanders, CRA Mgr December 5, 2005Chase Bank400 N. Trenton StRuston, LA 71270

Ms. Sanders,This is a complaint regarding our conversation 11/25/05 whereby you indicated you would furnish United Affirmative Action Development Corp (UAAD), a 501c3 non-profit community organization, a copy of your branch’s recent CRA activities. You first stated that your CRA representative would provide the documents and later stated that you were the CRA representative and the report could be picked up on Monday (11/28/05). UAAD was given a performance evaluation from the OCC, which shed little light on your branch’s performance here in Ruston, LA. UAAD would appreciate a recent activity report of the Chase Bank branches here in Ruston, in order to compare with the one received prior to Bank One purchasing Premier Bank in 1996. UAAD would like to have this report by 12/6/05.As the closest CRA official of Chase Bank, I would appreciate you meeting with staff of UAAD and explain how your branch carries out its CRA obligations. A meeting sometime this week would be beneficial. Topics to be discussed at such a meeting would include how undergraduate and graduate students at Grambling State University (GSU), a HBUC, can contribute to and benefit from the bank’s CRA commitments.In 1995 when the president of Premier Bank, Mr. Johnnie Maxwell, asked UAAD to assist the Ruston’s Banks in improving its CRA performance in order to amplify the merger with Bank One, an inspection of Premier’s CRA involvement in the community showed that it excluded African Americans. UAAD would ask that you provide an updated activity report of the Ruston Branch’s in order that we may discuss a satisfaction or how to improve the bank’s performance in the low, moderate income, to include the African American community. Thanks for your cooperation. See our website www.uaadcorp.com to better understand our purpose and goals.Walter L. EllisCEO UAAD

On April 4, 2006 a meeting was held at Chase Bank, Main branch in Ruston to attempt to resolve complaints made by UAAD against Chase. This meeting was arranged by Mr. David Lewis, Community Affairs Official of the Federal Office of the Comptroller of the Currencey (OCC) and three (3) Chase Bank officials at this branch.

On April 28, 2006, I received a certified letter stating:

H. Russell Wood III
City President
Northeast Louisiana District

April 27, 2006
Mr. Walter L. Ellis 315 Neal Street Ruston, LA 71270
Re: Accounts 675247266 and 1592005308
Dear Mr. Ellis:
After your meeting with officers of our bank on April 4 where again your issues were addressed, you caused a disruption in our branch. When you opened your account, you agreed to the terms and conditions of the Deposit Account Agreement. This agreement says that the bank may close your account at any time with or without cause. We have decided it would be best to exercise that option.
This is what we're going to do. '.
· We are closing your accounts 10 business days from the date of this letter (the Closing Date).
· Your A TM card will no longer allow you to make withdrawals, effective on the Closing
Date.
· Any checks/savings withdrawals received on or after the Closing Date will be marked
"Account Closed' and returned. · Any fees, claims, or other amounts owed will be deducted from your accounts. · Any balance remaining in the accounts will be sent to you within five business days after the Closing Date.
Here's what you need to do. .
You should stop writing checks/savings withdrawals on this account right away.
· If your account is overdrawn, please make a deposit of cash or certified funds immediately.
· You should stop using any debit cards or A TM cards associated with this account and
destroy them immediately.
· You should make arrangements to redirect all direct deposits and automatic drafts as soon as
possible.
We do not make decisions to close customer accounts lightly. However, your repeated disruptive behavior in our branches has upset our employees and interfered with serving our other customers.
We request that you refrain from entering our branches in the future and that you stop e-mailing our employees. Your e-mails contain offensive language that our employees should not have to endure.
Chase has made every effort to respond to your requests for information by providing you with our CRA Public Evaluation, HMDA and CRA disclosure reports, comments in our public file and applications for small business loans and grants. We have met with you a number of times to discuss your concerns, most recently on April 4, and nothing fruitful has come out of these meetings. We do not see any benefit in prolonging this discourse.
Sincerely,
H. Russell Wood, III
President
Chase
Northeast Louisiana District

I contacted:

Mr. Ruben Ramos, Regional Director of Community Affairs, JPMorganChase Bank and spoke with Terry;

Ms Dietrick's office and spoke with Maria;

Both offices stated that they could not be of assistance.

Closing my personal and business accounts creates a financial burden on myself, family and organizations I represent. It is my belief that this is another fraudulent manner in which JPMorganChase Bank operates in regards to African Americans.

See:

http://www.chasebankreparation.blogspot.com

http://www.uaadcorp.com

http://www.bankwhileblack.blogspot.com

http://www.uaadcra.blogspot.com

See recent fraudulent lawsuits against Chaseand additional memorandums upon request.

cc: David Lewis, OCC - complaint #617354

Anne Deitrick, Chase Bank

Ruben Ramos, Chase Bank

Dept of Justice

Black Caucus

UAAD Board

News Media

Sen. David Vitter

President Bush

UNITED AFFIRMATIVE ACTION DEVELOPMENT CORP (UAAD) WOULD LIKE TO ANNOUNCE A FORUM TO ADDRESS CRA, “REPARATION” AND JPMORGANCHASE BANK’S “SMART START OF LOUISIANA”. THIS FORUM WILL BE HELD AT (GSU) HOME OF GRAMBLING STATE UNIVERSITY, early May 2006.

March 9, 2006
The purpose of this forum is to discuss the following issues:

Why JPMorganChase Bank would commit a mere $5 million dollars to youths of Louisiana, and not honor such a commitment?

Why JPMorganChase Bank refuses to commit CRA, Community Partnership, Reparation, and “Smart Start of Louisiana” funds to African Americans?
(LSU a predominantly Caucasian institute was made aware of Chase Bank’s commitments to African Americans, and GSU a predominantly African American institution was not made aware by JPMorganChase Bank). http://www.uaadcorp.com

Why JPMorganChase Bank refuses to contribute to GSU in order to establish scholarships, professorships, and other educational assistance as promised since 1996 by Bank One. (Bank One did establish an educational program at the University of Louisiana at Lafayette, LA. a predominantly Caucasian institute). This project was funded by Bank One using a proposal UAAD had previously submitted to Bank One officials for GSU and the City of Grambling, LA. See: http://www.chasebankreparation.blogspot.com

Why JPMorgan refuses to commit the $800 billion dollars in CRA funds to African Americans who are the victims of slavery, rather than the majority of these “Reparation, Smart Start” CRA commitments to Caucasians as now practiced.

UAAD invites GSU students, GSU officials. City of Grambling officials, representatives of all HBUC’s, Civil Rights Leaders, Community Organizations representatives, www.moveon.com and others to join and make this forum successful.

In recent conversations with Mr. David Lewis who is the Community Affairs official for the Office of the Comptroller of the Currency (OCC) he stated that his agency and JPMorganChase Bank were willing to sponsor a forum in April at Grambling. This forum was to address the complaints UAAD had presented since 1996. (see: http://www.uaadcorp, links and Blogs.

Contact: Walter Ellis CEO UAAD/UEDC at uedcinc@aol.com , or 866 276-2294,

4/9/06

Dear Sir
UAAD has negotiated with Bank One, now JPMorganChase Bank, a CRA agreement to benefit African Americans. UAAD’s position and others is that CRA is and should be treated as Civil Rights Legislation. In 2004 JPMorgan apologized and admitted to its involvement with the slave trade.
See: http://www.uaadcorp.com/ UAAD also posts on MoveOn.com.
We invite you as a keynote speaker to address students and the community regarding these issues. We would also like to discuss your participation and serving as a board member of UAAD.
The proposed dates for this forum is early May 2006. If these dates conflict with your schedule, could you suggest a later date in April. Your participation and attendance would be appreciated. We would like you or a representative to attend.
Please confirm if you are able to attend either by email (uedcinc@aol.com) or by telephone (866-276-2294)

Sincerely,
Walter L. Ellis, CEO of UAAD

Keynote Speakers:
Minister Farrakan, Nation of Islam
Rev. Jesse Jackson, Operation Push
Rev. Al Sharpton
Invited Speakers:
Mr. Hilary Shelton, Washington Bureau Chief of NAACP
Rep. Mel Watt, Chairman of Black Caucus
Rep. Maxine Waters, Member of Finance Committee
Rep. Ernie Alexander, District 43 Louisiana
Sen. David Vitter, Louisiana
Congressman Oxley, Chairman of Finance Committee
Gov. Kathleen Blanco, Louisiana
Mayor C. Ray Nagin, New Orleans, LA

March 8, 2006 A plea to President Bush’s compassion
Mr. President, African Americans are concerned along with all citizens of Louisiana regarding your commitment to the hurricane victims. Our nations banks claim to have a commitment to assist low-income, moderate-income individuals that should include African Americans under civil rights legislation, meant for African Americans, a regulation named THE COMMUNITY RE-INVESTMENT ACT of 1977 (CRA). This act was implemented due to racism, red-lining and discrimination practiced by our nation’s banks since Slavery, of which my Father was born. Our nation’s banks have in their commitments in excess of $4.2 trillion dollars in their CRA commitments. See http://www.uaadcorp.com. These funds dispersed as meant, will provide economic parity for those most in need and the intent of CRA. UAAD a 501c3 non-profit ask that you as a compassionate conservative ask The FDIC / OCC both under your control to insist that these agencies not continue their discriminatory practices in enforcing this important civil rights legislation. With the enforcement of this act as written, and a common cense approach by the FDIC / OCC funds that should be available by Chase the largest financial institution in the state of Louisiana should be made to be utilized to assist the hurricane victims that were discriminated, red-lined and treated in an unfair manner since slavery. JPMorgan Chase Bank recently agreed to pay reparation payments to African Americans for their despicable acts of using slaves for collateral. It appears that they are continuing similar practices with their predatory lending practices since slavery. It is apparent that these funds properly dispensed using the tools provided by this ACT, will allow parity to be created, and help to reduce the budget. Since your administration, nor the Republican controlled Congress will allow any teeth to be added to this ACT, UAAD ask that in the interest of humanity and fairness, this ACT be enforced with the intent in which it should have been written. (see: http://www.uedcinc.com/id12.html.

While lobbying Congress and the Office of the Comptroller of the Currency (OCC) regarding JP Morgan/Chase Bank’s non-compliance of the Community Re-Investment Act of 1977 (CRA) a Civil Rights Legislation, the following is my report:

The purpose of lobbying was to present proposals that United Affirmative Action Development Corp (UAAD) a 501c3 non-profit community organization, wished to express of how funds in excess of $800 billion dollars Chase Bank have committed towards fulfilling it’s obligation under CRA can assist the Katrina victims.
It was discovered in talking to the Republican side of the House, that if proposals to strengthen this legislation were proposed, it is likely that they will kill the CRA legislation. Therefore they believe that it will do more good if it is left intact, with little or no enforcement power. Some Democrats take the same position. I was told also that UAAD’s complaint against Chase Bank would be better served if all banks that were not in compliance with CRA were a part of this complaint. I indicated that due to Chase Bank being the largest financial institution in the State of Louisiana, and had what we believe to be a very poor rating in serving the African American Community, our intent was to make Congress, the FDIC, OCC and the world aware of how “this” bank caused and manifested the poverty and lack of financial parity in the minority community “this” bank should have served. Had Bank One negotiated in good faith rather than bad faith in 1995 upon accruing Premier Bank of Louisiana, it is my and others' belief that the poverty that exists in Louisiana would have been diminished.(see FDIC/OCC complaint) Chase Bank in their lack of commitment to CRA has only plagiarized UAAD’s and other community organizations' CRA proposals and presenting them in their Community Partnership presentations as though they are attempting to comply to this important Civil Rights legislation. The purpose of CRA was to eliminate the red-lining and discrimination in the minority communities. Banks, Congress, and federal regulators after Katrina are allowing these victims to further suffer. Chase Bank states that they have provided in excess of $69 billion of the $800 billion they have committed of their CRA funds since April 2004 to the community they serve. After numerous complaints a Shreveport Louisiana Branch of Chase Bank reported that they created division called "Chase Home Finance" and staffed it with a Community Lending Officer. Before this officer was appointed by the bank, UAAD asked for information from Ms. Charlita Cloman VP Community Partnership Mgr. Community Development Group as to how this program worked and how it could assist African Americans under CRA. Ms. Cloman stated she did not have any written proposal she could give UAAD, but that I would have to write a proposal expressing what UAAD had accomplished in developing low income housing etc. Ms. Cloman stated that once UAAD submits a proposal the bank would consider funding. Two weeks ago I met with Ms. Daphne G. Childress the Community Lending Officer / Northern Louisiana who stated she had been in this position for approximately six months and had made in the range of $600-700,000.00 in loans during this period. I asked if she was aware that Chase Bank has committed and spent in other areas approximately $69 billion dollars. When asked if Community Organizations as advised under CRA could assist her and the bank in carrying out their commitment she agreed.
The sooner Chase Bank makes a commitment to African Americans as it has to others, the sooner economic parity will be obtained. Chase Bank should not meet the requirements of CRA mainly because of this legislation. They should feel obligated to serve the needs of the entire community no matter of color or gender. Mr. Mizell Scott who serves as Vice President of Chase Bank's CRA for the State of Louisiana expresses the views of Chase Bank when he has stated on more than one occasion that it is his and Chase Bank’s view that CRA was not meant for African Americans, and Chase Bank doesn't have to adhere to UAAD’s views. Mr. Scott and other Chase Bank CRA officials also express that they are proud of Chase Bank's CRA performance.
According to the latest CRA Performance Evaluation March 31, 2004 by OCC, in my opinion, the State of Louisiana must have the worst report of all the states in which Chase Bank operates. See: www.uedcinc.com/id18.html According to the same report it is recommended by the OCC that Chase Bank should involve community organizations in order to improve their performance. See: http://www.uaadcorp.com/ for more information regarding this complaint.

What is the purpose of the OCC/FDIC?

In 1998 UAAD filed a complaint against Bank One due to bad faith negotiations, and its lack of compliance to CRA. This complaint addressed in particular its practice of discriminating against African Americans. Several other complaints have since been filed. The OCC is responsible for enforcing and listening to such complaints.
The complaint filed in 1998 the OCC recommended that this non-profit hire a Lawyer. E-mails sent regarding UAAD’s complaints recently were unanswered or the answer did not address the issue UAAD was pursuing. Upon attempting to get a clarification on whether Chase Bank was in violation of 12CFR25.43 pertaining to disclosure of the banks public records, conflicting information came from the OCC Houston, Texas office. First I was denied to speak to Ms. Delora Jee who is stated to be The CRA Deputy Comptroller who in charge of JP Morgan Chase Bank compliance to CRA. After discussing with Ms. Jee that one of the reasons I had come to Washington, DC was to meet and present a CRA complaint regarding Chase Banks non-compliance of the CRA regulations, to include 122CFR25.43, Ms. Jee stated she was not the proper official to present this type of complaint, and went on to say that her position would be compromised, due to her being the Deputy Comptroller overseeing Chase Banks CRA involvement. At least that is what I understood her to say. I asked her who in the OCC was there to protect the interest of the community. Ms. Jee first stated UAAD would have to file its complaint with the Houston, Texas office. I related to her that I felt I was being given the run around by her and others, due to the Supervisor in the Houston office had previously told me that complaints regarding CRA had to be filed at the Washington, DC location. Later in our discussion Ms. Jee stated that they did have an OCC representative whose name was David Lewis. Ms. Jee stated she would have Mr. Lewis get in touch with me via cell phone, but did not say when. It was also indicated that the FDIC / OCC usually don’t take such complaints until a merger take place.

From the conversation held with the Deputy Comptroller of CRA for Chase Bank I would suggest that those having issue with Chase and their banks branches disclosure of their CRA performance should demand that these institutions have on file for public view “all” complaints, which is required under 12CFR25.43 of the CRA regulations. It is UAAD’s intent to present our and others complaints to various branches, publicize and ask the public and media to view such complaints. Ms. Jee advised that the purpose of Mr. Lewis’s assignment to the Louisiana area was to address CRA compliance problems with various banks. UAAD will insist that OCC representatives such as Mr. Lewis investigate and make our organization aware of any actions that are taken.

I would imagine that those who are concerned about Katrina victims and others suffering from banks poor and lack of performance in the African American Community should tell these victims that they will have to wait until Chase Bank decide to expand its predatory influence to other areas, before Community Organizations can complain to the Federal authorities about their contributing to their adverse condition. Than we should advise these poor souls that it is not likely that anything will be done in the future, based on what the FDIC and OCC’s poor performance in the past when banks are allowed to discriminate against African Americans in particular, with the support of the Federal Government and Congress.
This so-called Civil Rights Legislation called the Community Re-Investment Act was only passed with stipulations that these racist financial institutions can continue to do business as usual. Now the Republicans, and some Democrats are saying that they can live with it as written, as long as it benefits those it wasn’t intended. How could it have been considered a part of the civil rights legislation, when it was meant for the Banks to continue their racist practices? Why would Congress support the wrongful doings of Chase Bank to provide billions of dollars to Caucasians under the guise of CRA while the poverty stricken African Americans are suffering and were doing so long before Katrina due to Chase Bank’s and their CRA officials version of CRA. Why will this government continue with the deficit in the trillions of dollars not enforce Chase Bank to provide funding to African Americans as they have always provided to Caucasians since banking was formed in America.
Without dwelling in the past, why doesn’t this government insist that all regulations are adhered, whether they benefit African Americans or others? After this administration’s poor performance and lack of performance in the African American Communities past and present, it is time for this administration and congress to provide the necessary leadership, to allow all an equal opportunity and a share of the wealth. With equal opportunities African Americans will become gainfully employed, rather than under-employed and in a larger degree un-employed. The prison population will decrease to a great degree, with equal opportunities jobs will be obtained, education in the minority community will increase, and our society as a whole will benefit.

UAAD and several other Community and Civil Rights Organization are building coalitions to address these particular problems. We ask that Congress hear our plea.

We ask that Congress hold hearings regarding CRA and the lack of African Americans participation in this economy.

We ask that UAAD and this Coalition be put on the agenda for the hearings addressing the Katrina Victims.

UAAD ask those receiving this complaint and solutions reply with suggestions on all or a portion. Comments you agree or don’t agree are welcomed.

UAAD’s and many of it’s Partners believe that a resolution of the mentioned complaints will provide some solutions, that will benefit African Americans, and all Americans. see: http://www.uaadcorp.com/ for more information regarding this complaint and solutions.