Community Capitalism: The South Shore Bank's Strategy for Neighborhood Revitalization (Paperback)

~ (Author) "The board of the Illinois Neighborhood Development Corporation (INDC) had assembled for its quarterly meeting in a downtown Chicago hotel..." (more)
Key Phrases: property appreciation, development deposits, new depositors, South Shore, City Lands, Seventy-first Street (more...)

Editorial Reviews

Product Description

Chicago's famous South Shore Bank has been heralded as a model for urban development by political and business leaders nationwide, inspiring similar programs from Arkansas to Michigan. Here, Taub tells the story of the people who built the bank and of the neighborhood it serves, detailing the struggles and successes of one of the most amazing community development efforts of recent decades.

About the Author

Since 1984, Harvard Business School Press has been dedicated to publishing the most contemporary management thinking, written by authors and practitioners who are leading the way. Whether readers are seeking big-picture strategic thinking or tactical problem solving, advice in managing global corporations or for developing personal careers, HBS Press helps fuel the fire of innovative thought. HBS Press has earned a reputation as the springboard of thought for both established and emerging business leaders.

Product Details

• Paperback: 176 pages
• Publisher: Harvard Business School Press (March 1, 1994)
• Language: English
• ISBN-10: 0875845533
• ISBN-13: 978-0875845531
• Product Dimensions: 9.2 x 6 x 0.5 inches
• Shipping Weight: 10.1 ounces
• Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
• Amazon.com Sales Rank: #1,584,848 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

5.0 out of 5 stars Ray of hope in the current climate of "big bad banks", August 16, 2009

By	J. Fripp - See all my reviews (REAL NAME)

This is a great "blow by blow" detail of the rise of America's oldest and largest "community development bank," which took an early and activist stand against the practice of racial "red-lining" and for the Community Reinvestment Act. The Bank also served as the model for the Community Development Financial Institution Act of the Clinton Administration, which sought to replicate the premise of community-based financial institutions as a tool for reinvesting in struggling and/or marginalized communities. The honest account of the successes as well as the failures of the SouthShore Bank (now just ShoreBank), is a must read for any serious student of community development, or concerned citizen seeking a more grounded understanding of the true nature of the current financial crisis and one possible path to recovery.