Issues & Campaigns

Foreclosure Action Committee

Rally at Bank of America 11/19/11

Bank Accountability/Divestment

 The foreclosure group is a unique local organizing committee in the sense that its formation was not necessarily from the member congregations. Yet this group has still worked over the last few years in partnership with organizations such as Neighborhood Housing Services, City Life/Vida Urbana, and the Mayor’s Taskforce on Foreclosure to hold the big national banks accountable for their actions.

Armed with the knowledge that our national banks (i.e. Bank of America, Citi Bank, Wells Fargo, Chase, etc.…) have performed immoral and illegal acts which caused this foreclosure crisis, the group has held a divestment rally in front of the Bank of America branch on Crescent Street to empower the people who bank there to take their funding out of the financial tyrant and place it into a local, responsible community bank.

In March of 2013, the Foreclosure Action Committee, standing strong with over sixty struggling homeowners and concerned residents, made a proposal at the Brockton City Council meeting to remove the city’s payroll account (~ $180 million dollars) from Bank of America and invest it into a more local bank, which will reinvest in our community.  Due to the pressure exerted by BIC and its partners, the group is at the table with the treasurer discussing what local bank the city should be doing business with.