ADVISORY/Trends in Community Development: Bankers and Community Advocates Meet for Community Reinvestment Forum.

Business Editors

ADVISORY...for Wednesday (Jan. 30)

--(BUSINESS WIRE)

TO:     Business writers who follow the Federal Reserve and City-metro
        writers interested in community development issues

WHEN:   Wednesday, January 30, 2002,
        from 9:00 AM - 1:15 PM Pacific Standard Time

WHAT:   Community Reinvestment Conference 2002
        A panel of national community development experts will provide
        a variety of perspectives on trends in the economy and the
        financial service industry that impact low-income communities.
        Plus, celebrated economist and keynote speaker Dr. Julianne
        Malveaux to address how banks can be a change agent for
        affordable housing and small business development by
        reinvesting in their communities.

WHO:    9:00 - 11:45 AM PST -- Panel discussion tracks the leading
        issues facing low-income consumers and communities:
        - Sandy Braunstein, Federal Reserve Board of Governors
        - Ellen Lazar, Neighborhood Reinvestment Corporation
        - Joe Pigg, American Bankers Association
        - Roy Priest, National Congress for Community Economic
          Development
        - Robert Rowe, Independent Community Bankers of America

        12:00 - 1:15 PM PST -- Keynote speaker:
        - Dr. Julianne Malveaux, MIT-trained economist, writer, and
          syndicated columnist, is well known for guest appearances on
          ABC television's Politically Incorrect, PBS-TV's Lehrer News
          Hour, and To The Contrary. Dr. Malveaux has also been a
          commentator or expert guest-panelist on CNN, the Fox News
          Channel, MSNBC, C-SPAN, and CNBC. Her primary area of research
          focuses on the labor market and public policy, and the impact
          of such policy on women and people of color.

WHERE:   Grand Hyatt Hotel, 345 Stockton Street, San Francisco

CONTACT: Media reservations requested. Reporters attending must
         present a photo ID from their news organization.
         Carol Eckert, Media Relations Manager, [phone]
         Lily Ruiz, Media Relations Specialist, [phone]