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Community Banking to Community Building

At the heart of our business is the local community bank branch. But a local bank branch, especially in underserved neighborhoods, can be successful only when it fits the community’s needs. That’s why, over the last several years, we have shifted our approach from community banking to “community building” – a boots on the ground approach to better serve the needs of our local communities.

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As we celebrate Juneteenth this year, we are reminded of the promise and hope of the future.
As we celebrate Juneteenth this year, we are reminded of the promise and hope of the future.

Juneteenth is a day like no other. It is both a celebration of freedom and a reminder of the work that still must be done to bring about a more equitable society. So, as we recognize Juneteenth this year, now is the time to harness what unites us and help bring about changes that benefit all communities.

Taking actions focused on racial equity, along with diversity and inclusion, requires collaboration and building trust in the community. JPMorgan Chase is helping to drive sustainable changes through its five-year $30 billion racial equity commitment. With a business-led approach, this commitment aims to help address key drivers of the racial wealth divide in Black, Latino and Hispanic communities by investing in them directly.

Since its launch in October 2020, we have deployed or committed more than $18 billion toward our $30 billion goal. To sustain this progress, we must measure this effort and listen to feedback so we can have even greater impact in closing the wealth gap.

Here is just some of the progress we’ve made toward our commitment while working alongside our community partners across the country thus far:

  • Helped homeowners save money on their monthly mortgage payments by refinancing 19,000 of our 20,000 incremental loans goal
  • Approved funding for approximately $13 billion in loans to help create and preserve more than 100,000 affordable housing and rental units across the U.S.
  • Expanded our homebuyer grant program to $5,000 to help with down payment and closing costs
  • Helped customers open over 200,000 low-cost checking accounts with no overdraft fees
  • Spent an additional $155 million with 140 Black, Hispanic and Latino suppliers
  • Invested more than $100 million of equity in 15 diverse financial institutions that serve more than 89 communities in 19 states and the District of Columbia
  • Mentored more than 1,000 Black, Hispanic and Latino small businesses

Creating Community Impact

At the heart of our business is the local community bank branch. But a local bank branch, especially in underserved neighborhoods, can be successful only when it fits the community’s needs. That’s why, over the last several years, we have shifted our approach from community banking to “community building” – a boots on the ground approach to better serve the needs of our local communities.

Our Community Center branches are the most tangible symbols of our commitment to community building, as they were created to be a unique space in the heart of urban communities that hosts grassroots community events, small business mentoring sessions and financial health seminars.

Currently, we have 12 Community Center branches in neighborhoods like in Oakland, Stony Island in the South Shore of Chicago, Crenshaw in Los Angeles, and Wards 7 and 8 in Wash., D.C.

We’ll continue to add these Community Center branches in underserved communities in Miami, Atlanta, Baltimore, Philadelphia and Tulsa by the end of this year. We’ve also retrofitted over 300 existing branches, to now include spaces for the community to use to help expand access to banking and boost financial health and inclusion among Black, Hispanic and Latino communities.

A More Diverse Workforce

Creating a lasting impact is just as much about the people we hire as it is about the programs we implement. More diverse teams will allow us to generate better ideas and better outcomes, enjoy a stronger corporate culture and deliver a more transformational banking experience to our customers.

Despite the pandemic and talent retention challenges, we continue to boost our representation especially among women and people of color.

We want our branches to represent the neighborhoods they serve, which is why we continue to hire from our local communities. During this time, we’ve hired more than 300 people to community-focused roles: nearly 150 Community Managers, 150 Community Home Lending Advisors, as well as 25 diverse Senior Business Consultants.

The Community Center Manager, in particular, is a new role within the bank whose main job is to serve as local ambassadors to build trust and nurture relationships with community leaders, nonprofit partners, and small businesses.

Over the last year our Community Managers have hosted more than 1,300 community events reaching more than 36,000 nationwide with discussions ranging from ways to increase homeownership, and how to build generational wealth and stability.

As we celebrate Juneteenth this year, we are reminded of the promise and hope of the future.

We are committed to ensuring that you have the resources you need to own a home, start a business, save for college – or achieve any other goals or dreams. We look forward to working together and continuing to create lasting impact for your community and family for years to come.

Sponsored content from JPMorgan Chase & Co

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Art

Wonder Woman (or at Least Her Artist) Visits Cartoon Art Museum

Cartoon enthusiasts, graphic novelists and folks from all over the Bay Area braved the rain to meet Wonder Woman – or at least the first woman to draw her – at the Cartoon Art Museum Saturday and Sunday. The occasion was a pop-up Women’s Comic Marketplace, and Trina Robbins, the first female illustrator of the feminist icon, was on hand along with 20 or so exhibitors whose work reflected the rich variety of styles and subject matter in women’s comics today.

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Trina Robbins, the first woman to draw Wonder Woman, with some examples of her cartoon art. (Photo credit: Jessica Christianson)
Trina Robbins, the first woman to draw Wonder Woman, with some examples of her cartoon art. (Photo credit: Jessica Christianson)

By Janis Mara
Bay City News Service

Cartoon enthusiasts, graphic novelists and folks from all over the Bay Area braved the rain to meet Wonder Woman – or at least the first woman to draw her – at the Cartoon Art Museum Saturday and Sunday.

The occasion was a pop-up Women’s Comic Marketplace, and Trina Robbins, the first female illustrator of the feminist icon, was on hand along with 20 or so exhibitors whose work reflected the rich variety of styles and subject matter in women’s comics today.

“We love comic books. We are vibing out,” said Valaree Garcia of San Francisco, who attended the event with her partner Sunday. “Every single booth is amazing, every woman is telling her story her own way.”

Exhibitor Avy Jetter of Oakland displayed her indie comic “Nuthin’ Good Ever Happens at 4 a.m.” which offers an Equal Opportunity look at the world of zombies, with an all-black cast of undead.

Around the corner at another table was cartoonist Jules Rivera, a surfer who detailed her dive into the largely male world of surfing in one of her first zines.

“I was already an aqua creature. I grew up in Orlando and had always lived on the beach,” Rivera said. When she moved to California, becoming a surfer came easily.

Rivera took over the decades-old Washington Post cartoon strip “Mark Trail” in 2020. The conservation-minded but rather conventional male character quickly got a makeover.

Rivera said, “I made him hot. They always intended him to be hot, they just went about it the wrong way.” In her zine, “Thirst Trapped in a Cave,” Rivera depicts Trail in a series of seductive poses she describes as “pinups.”

While many of the exhibitors create material intended for adults, Jen de Oliveira, a Livermore resident, is the co-creator of Sunday Haha, a free weekly comics newsletter for kids.

Children were much in evidence at the event, grouped around a table in the back industriously coloring and drawing, gathered in front of a big screen in another room watching (what else?) cartoons, sprawled on the floor reading (what else?) comic books.

At 4 p.m., the event adjourned to the library for tea with Robbins and Marrs.

Sitting at a round table sipping tea and eating gingersnaps, the two shared stories of their lives in the comics field.

Marrs, a Berkeley resident, created the comic book series, “The Further Fattening Adventures of Pudge, Girl Blimp,” which was nominated for an Eisner Award in 2017, the highest honor bestowed in the comic book world.

In 1972, Robbins, a San Francisco resident, wrote and drew a short story called “Sandy Comes Out,” starring the first lesbian comic-book character outside of pornography. Shifting gears, she began drawing for DC Comics in the 1980s, and since then has authored several books and continues to write and draw comics.

“Lee Marrs and Trina Robbins talking about feminism, and the younger artists writing graphic novels about their lives – you don’t have to create a universe. You don’t have to make up a planet” the way traditional cartoonists have done, said Ron Evans, chair of the museum’s board of trustees, who was on hand for the event.

“It’s what you experience, and it’s much more relatable,” Evans said. Reading about common experiences in graphic novels and cartoons can make people, especially young people, feel less alone.

“In school you’re taught to write about what you know, and that’s what they’re doing. It’s cathartic, and who knows? Maybe it will help other people.”

Copyright © 2023 Bay City News, Inc.  All rights reserved.  Republication, rebroadcast or redistribution without the express written consent of Bay City News, Inc. is prohibited. Bay City News is a 24/7 news service covering the greater Bay Area.

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Bay Area

Holy Names University Hires Real Estate Firm to Sell Campus for High-End Housing

Leaving many students, faculty and Oakland residents feeling betrayed, Holy Names University’s leadership is aggressively moving ahead with plans to sell the 60-acre campus in the Oakland hills for high-end private residences and have not been willing to work with city leaders and other universities that are reaching out to save the site as a center for higher education.

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Ad created by CBRE Marketing.
Ad created by CBRE Marketing.

By Ken Epstein

Leaving many students, faculty and Oakland residents feeling betrayed, Holy Names University’s leadership is aggressively moving ahead with plans to sell the 60-acre campus in the Oakland hills for high-end private residences and have not been willing to work with city leaders and other universities that are reaching out to save the site as a center for higher education.

In a reply to a recent letter to Vice Mayor Rebecca Kaplan, Jeanine Hawk, HNU’s vice president for finance and administration, wrote that HNU has already placed the property on the market through real estate broker, Mike Taquino at CBRE marketing, to market the property and is already distributing marketing materials offering the campus for sale.

Responding to Kaplan’s offer to collaborate with HNU to save the campus for educational purposes, Hawk replied, “At this point it is unclear to HNU how the City of Oakland can assist with the process of achieving the objectives of obtaining the highest and best use of the HNU property for public good.”.

“Nevertheless, if the city is aware of any interested acquirer or successor entity, please provide that information to Mike Taquino or to me,” she wrote.

She added that HNU had sent letters to Historically Black Colleges and Universities (HBCUs) so see if they might be interested in establishing a campus on the West Coast.

The CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm. The term “highest and best use” is used in the real estate industry as expression of seeking to sell a property for its highest possible value.

Hawk did not mention the universities that have expressed interest in collaborating with Holy Names nor the university’s lender, Preston Hollow, which has also offered to find solutions other than selling the campus to a real estate developer.

Campus leaders at Holy Names and members of the Oakland community were stunned by the announcement of HNU’s latest moves to dispose of the campus,

“It’s too bad I don’t believe my own rhetoric sometimes,” said activist and scholar, Kitty Kelly Epstein. “I’ve been saying for some months that it seemed like the chair of the Holy Names Board was actually trying to sell the campus to real estate developers, and that’s why he refused to meet with any of the elected officials and city leaders who have offered help in keeping Holy Names open as a college campus.

“So – guess what? Now the marketing materials are out to sell the campus, while our trusting students, many from Oakland, are tossed out with hundreds of thousands of dollars of debt and no college degree. It’s more evil than even a suspicious person like me can wrap my mind around.”

“I’m shocked,” said a HNU faculty member when hearing the news about the real estate developer.

A Holy Names student leader said, “Students are furious. They are afraid that Holy Names will be sold to a private developer.”

Said Councilmember Carroll Fife, “As an alumnus of Holy Names University, I am deeply disappointed the administration refuses to work with city leaders to ensure the campus can continue to be an important resource for Oakland but insists on selling the campus for maximum profit. I’m most concerned for students and faculty. I hope Oakland residents will make it clear that preserving this campus for generations of future students is more important than enriching a developer.”

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Bay Area

NOMBC Saved – Pastor Sylvester Rutledge Gives Thanks

Dr. Sylvester Rutledge, pastor of North Oakland Missionary Baptist Church (NOMBC) expressed his thanks for the outpouring of support from his peers, pastors of different denominations and elected officials in the community. “My family, my wife, and congregation are so grateful,” said Rutledge who has pastored the church for over 40 years. “We understand the old saying that a closed mouth doesn’t get fed. If you need help, you need not be embarrassed.

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Family and members gather outside North Oakland Missionary Baptist Church. Front row, from left to right: Timothy Rutledge. Jr., grandson of Pastor Sylvester Rutledge; his daughter, J.M. Hale; First Lady Audrey Golden Rutledge, and Pastor Rutledge. Back row from left to right: church members Chavonne Robinson, Clarence Wells of the Golden Light Ministries feeding program, and the pastor's son Timothy Rutledge, Sr. Photo by Carla Thomas.
Family and members gather outside North Oakland Missionary Baptist Church. Front row, from left to right: Timothy Rutledge. Jr., grandson of Pastor Sylvester Rutledge; his daughter, J.M. Hale; First Lady Audrey Golden Rutledge, and Pastor Rutledge. Back row from left to right: church members Chavonne Robinson, Clarence Wells of the Golden Light Ministries feeding program, and the pastor's son Timothy Rutledge, Sr. Photo by Carla Thomas.
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