The Community Reinvestment Act was enacted in 1977 to encourage banks and savings associations to help meet the credit needs of all segments of their communities, including low and moderate income neighborhoods.Kathy.email@example.com or Kathy@nationalpawnbrokers.org. Thank you and have a safe Labor Day Weekend.Banks are audited by Federal banking regulators to make sure they meet their obligations under the Community Reinvestment Act. They receive credits as they help their communities. Natural disasters (flooding, fire, tornadoes) are times when the banks are needed to all of the community – regardless of income. Pawnbrokers are not subject to CRA obligations, but we play more important and regular roles supporting our community than many banks and most fintechs do. Pawnbrokers are the first in line to help their communities. We help families during times of crisis. Whether it be a natural disaster, or donating an item to a silent raffle to cover medical costs. Pawnbrokers are not checked by regulators to see if they are meeting an obligation they have with the government. Mom and Pop stores work side by side to get the job done. No requirement necessary. The NPA Government Relations Team would like to create a document showing what the pawnbrokers across the country do to help their communities. Help us tell your stories of helping your community. If you would email Kathy Pierce with community donations you and your company has done over the years, this is information the NPA will be able to use to show how instrumental our industry can be to the communities they work and live in.