Federal regulators held a public meeting Monday to talk about banking services in West Dayton. The closing of the Westown PNC branch this summer has turned a large part of West Dayton into a “banking desert”; from the former site of the bank, there are no bank branches within a two-mile radius.
At the crowded meeting, David Greer with the Northwest Priority Board called the departure of banks from the neighborhood “redlining.”
“It is a form of discrimination, and this is something that we as a people have fought long and hard for decades against,” he said.
A yearly study from Brookings and JPMorgan Chase shows exports are an important piece of the economic recovery in the Dayton region. The Export Nation 2013 report shows that exports grew about 7 percent each year from 2009 to 2012 in the greater Dayton area.
The NCAA’s First Four tournament kick off today at the University of Dayton Arena. The games will open with less fanfare than they did a year ago but there’s still plenty of excitement surrounding them.
Absent this year from the NCAA tournament kickoff is a presidential visit and the big Oregon District street party that began last year, but this year’s First Four event has been sold out since last October. The tournament opening has a significant economic impact for the Dayton area.