Call your US Representative’s national office first (202-224-3121 for the Capitol Switchboard), and second the district office.
Congressional Directory
Hi, my name is _______ and I’m from (organization). May I speak to a Legislative Assistant who deals with financial services? Thank you.
[After reaching the Legislative Assistant for financial services] Hi, my name is _______ and I’m from (organization). I’m supporting the Jobs and Capital for Communities campaign and I’m a [member/partner] of the National Community Reinvestment Coalition. I’m calling today about HR 6334, the American Community Investment Reform Act of 2010, introduced in the House on September 29.
I ask that your member of Congress support HR 6334 by co-sponsoring the bill. Our economy needs a deficit-neutral approach to bring needed investments to communities in order to create jobs and economic prosperity. [Give example of the importance of CRA in your community.]
HR 6334 bolsters the 1977 Community Reinvestment Act (CRA), in the following ways:
• Expands CRA to important institutions, including investment banks and independent mortgage companies;
• Includes affiliates and subsidiaries of banks under CRA;
• Elevates the role of community development lending and investments on CRA exams;
• Improves the rigor of CRA exams; and
• Creates incentives for financial institutions to pursue higher ratings, and penalties for institutions that receive failing ratings.
We also ask that you request your member of Congress speak to the leadership of the House Financial Services Committee about strengthening the bill in three areas:
• Include credit unions and insurance companies; and
• Don’t give institutions that receive a satisfactory or outstanding rating an easy path to merger approval.
• Fix assessment areas by changing CRA to measure where banks do the majority of their lending
Thank you for your time.
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