Rudy Canoza wrote:
That's simply a lie.

Corrupt bankers call it a lie.
Honest bankers call it the truth.

The purpose of CRA is to discourage
corrupt bankers from siphoning off the wealth
of depositors.

Corrupt Bankers that refuse to lend where the
deposits come from and instead lend to
where the the banker lives are draining
the wealth of the depositors in order
to enrich the banker and his community.

Honest bankers make loans in the community
that supplies the deposits. They have
no problem with CRA.

Credit unions are exempt from CRA because
all their credit is extended only to the depositors