Author: findCRA

OCC: CRA Evaluations for 23 National Banks and Federal Savings Associations Released

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of December 1, 2021 through December 31, 2021. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The…

FEMA: President Biden Approves Major Disaster Declaration for Colorado

FEMA announced that federal disaster assistance has been made available to the state of Colorado to supplement state and local recovery efforts in the areas affected by wildfires and straight-line winds beginning on Dec. 30, 2021 and continuing. The President’s action makes federal funding available to affected individuals in Boulder County. Assistance can include grants…

FDIC: Chairman Jelena McWilliams Announces Resignation Effective February 4, 2022

Federal Deposit Insurance Corporation Chairman Jelena McWilliams today sent the following letter to the President of the United States: The Honorable Joseph R. Biden, Jr.President of the United StatesThe White House1600 Pennsylvania Avenue, N.W.Washington, DC  20500 Dear Mr. President, After serving as the 21st Chairman of the Federal Deposit Insurance Corporation (FDIC) since June 2018, I…

Census Bureau: Small Business Pulse Survey Phase 7 Weekly Data Released

 The U.S. Census Bureau today released new data from Phase 7 of the Small Business Pulse Survey (SBPS), which measures the effect of changing business conditions during the coronavirus pandemic, as well as other major events such as hurricanes on our nation’s small businesses. SBPS complements existing Census Bureau data by providing detailed, near real-time information on…

OCC: Revision of Small and Intermediate Small Bank and Savings Association CRA Asset Thresholds

Summary Today the Office of the Comptroller of the Currency (OCC) announces revisions to the asset-size threshold amounts used to define “small bank or savings association” and “intermediate small bank or savings association” under the Community Reinvestment Act (CRA) regulations. The thresholds—which apply to any national bank, federal savings association, or state savings association1 (collectively, bank)—become…

FHFA: House Price Index Up 1.1 Percent in October; Up 17.4 Percent from Last Year

House prices rose nationwide in October, up 1.1 percent from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices rose 17.4 percent from October 2020 to October 2021. The previously reported 0.9 percent price change for September 2021 remained unchanged. For the nine census divisions, seasonally adjusted monthly house price…

FEMA: Marion County, KY Designated for FEMA Assistance

Marion County residents may now be eligible for FEMA assistance for damage suffered during the Dec. 10 storms and tornadoes. Individuals and households in the designated counties may apply for FEMA Individual Assistance, which may include temporary housing assistance, basic home repairs and certain other uninsured disaster-related needs. Other counties previously designated for assistance are: Barren,…

FEMA: President Biden Approves Major Disaster Declaration for Arkansas

FEMA announced today that federal disaster assistance has been made available to the state of Arkansas to supplement state and local recovery efforts in the areas affected by severe storms and tornadoes from Dec. 10-11, 2021.  The President’s action makes federal funding available to affected individuals in Craighead, Jackson, Mississippi, Poinsett and Woodruff counties. Assistance…

FEMA: Barren County, KY Now Eligible for FEMA Disaster Assistance

One additional county is now eligible for FEMA Assistance after the Dec. 10, 2021 storms and tornadoes. Individuals and households in Barren County can apply for FEMA Individual Assistance, which may include temporary housing assistance, basic home repairs and certain other uninsured disaster-related needs. Barren County joins Caldwell, Christian, Fulton, Graves, Hart, Hickman, Hopkins, Logan,…

Census Bureau: Small Business Pulse Survey Phase 7 Weekly Data Released

The U.S. Census Bureau today released new data from Phase 7 of the Small Business Pulse Survey (SBPS), which measures the effect of changing business conditions during the coronavirus pandemic, as well as other major events such as hurricanes on our nation’s small businesses. SBPS complements existing Census Bureau data by providing detailed, near real-time information on…