The Southeast's big cities are known around the world, but the region is home to far more small metropolitan areas, each with its own economic characteristics and demographic identity. The newest Economy Matters podcast discusses an Atlanta Fed tool that allows a convenient look at the economies of these cities.
Community development practitioners want to know how much banks are investing in a particular geography, as that information could help them "right-size" their strategy for bank partnerships. This second Partners Update article on the CRA provides an approximate figure for the Southeast.
The Community Reinvestment Act helps drive significant investments into low- and middle-income communities, but not all communities benefit equally. This Partners Update article discusses where banks are motivated to act and provides a mapping tool to illustrate where particular banks engage in community development.
As a financial consumer and a concerned citizen, you may be interested in how well your bank or savings and loan is helping meet the credit needs of your community, including low- and moderate-income areas. In fact, by law, the performance of every bank and thrift in meeting these needs is regularly evaluated and rated, and this rating is available to the public.