National Diversity Coalition Releases Inaugural FairBank Report Highlighting Fair Lending Leaders in California

Los Angeles, CA – August 25, 2025 – The National Diversity Coalition (NDC) today announced the release of its first FairBank Report, a groundbreaking initiative that recognizes top-performing banks for their commitment to fair and responsible home lending practices. The inaugural edition focuses on California for 2024, with year-to-date 2025 results to be published shortly thereafter.

FairBank is a data-driven effort designed to evaluate, benchmark, and promote fair lending performance across the mortgage industry. This first report assesses results from 2024 across five key indicators, providing a transparent view of how banks serve diverse communities. The data for this report was compiled and analyzed by InGenius, a leading mortgage and real estate data intelligence company.

Led by Founder and CEO Faith Bautista, the NDC is a national nonprofit that unites leaders from African American, Asian, Latino, and other diverse communities. The coalition partners with minority- and women-focused organizations, businesses, and federal regulators to advance economic empowerment and financial equality for low-to-moderate income (LMI), minority, and underserved households. NDC frequently engages in merger and acquisition reviews to ensure financial institutions’ actions protect and enhance opportunities for these communities.

“Our mission is to promote sustainable homeownership, especially for underserved communities,” said Bautista. “With FairBank, we shine a light on banks that are leading the way in responsible lending and share best practices that can help the entire industry improve. Partnering with InGenius gives us the tools to identify opportunities and support both lenders and consumers in achieving the dream of homeownership—the most important wealth-building opportunity most families will ever have.”

Mechanics Bank is the highest performing bank in the FairBank Project, by securing the highest aggregate score of 1135.92% in a combined calculation of five metrics. First Citizens Bank & Trust, JP Morgan Chase Bank, MidFirst Bank and SoFi Bank, National Association has secured (2) second, (3) third, (4) fourth, and (5) fifth position respectively in the NDC’s FairBank project. All these banks have scored a very high score in aggregate after calculating their performance in the five metrics i.e First Citizen Bank (921.98 %), JP Morgan Chase Bank (824.83%), MidFirst Bank (801.73.%) and SoFi Bank, National Association (793.59 %).

The NDC believes FairBank can serve as a catalyst for change, leveraging technology and data to promote greater fairness, inclusivity, and equality in mortgage lending. While this first report highlights the best performing banks in California, the initiative will expand to cover results nationwide.

Contact:

National Diversity Coalition: Ariel McCarty [email protected]

InGenius-data: Greg Sayegh [email protected]