Author: findCRA

OCC: CRA Evaluations Released for 18 National Banks and Federal Savings Associations

WASHINGTON — 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 May 1, 2017 through May 31, 2017. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received…

June 1, 2017 CRA Examinations

CDFI Fund: Bank Enterprise Award Program Baseline Analysis and Evaluation Report Available

Now available on the Community Development Financial Institutions Fund’s (CDFI Fund’s) website is a new evaluation of the Bank Enterprise Award Program (BEA Program). Commissioned by the CDFI Fund and conducted by A. Reddix and Associates, the Woodstock Institute, and the National Community Reinvestment Coalition, the Bank Enterprise Award Program Baseline Analysis and Evaluation is…

June 1, 2017 Data & Trends

Federal Reserve: CRA Examination Schedule for Third and Fourth Quarters 2017

Third Quarter 2017 Boston Bank name City State ABINGTON BK ABINGTON MA COMMONWEALTH CO-OP BK HYDE PARK MA EASTERN SVGS BK NORWICH CT STATE STREET B&TC BOSTON MA New York Bank name City State BANK OF CATTARAUGUS CATTARAUGUS NY METROPOLITAN CMRL BK NEW YORK NY PEAPACK GLADSTONE BK BEDMINSTER NJ Philadelphia Bank name City State UNIVEST…

May 31, 2017 CRA Examinations

Federal Reserve: Informal Review by the Federal Reserve Banks on Current Economic Conditions in their Districts

National Summary This report was prepared at the Federal Reserve Bank of Philadelphia based on information collected on or before May 22, 2017. This document summarizes comments received from contacts outside the Federal Reserve System and is not a commentary on the views of Federal Reserve officials. Overall Economic Activity Most of the twelve Federal…

May 31, 2017 Data & Trends

FDIC: CRA Examination Schedule for Third and Fourth Quarters 2017 Released

The Federal Deposit Insurance Corporation (FDIC) has issued the list of institutions scheduled for a Community Reinvestment Act (CRA) examination during the third and fourth quarters of 2017. CRA regulations require each federal bank and thrift regulator to publish its quarterly CRA examination schedule at least 30 days before the beginning of each quarter. To…

May 31, 2017 CRA Examinations

OCC: Third and Fourth Quarter 2017 CRA Evaluation Schedule Released

WASHINGTON — The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the third and fourth quarters of 2017. The OCC encourages public comment on the national banks and federal savings associations scheduled to be evaluated under the CRA, and suggests that…

May 31, 2017 CRA Examinations

OCC: OCC Will Provide Extended Notice for Scheduled CRA Evaluations

WASHINGTON — The Office of the Comptroller of the Currency (OCC) today announced it will extend the notification timeframe for upcoming Community Reinvestment Act (CRA) evaluations. Beginning with the third quarter notification for 2017, the OCC will post the list of financial institutions in which CRA evaluations are coming due over the next two quarters….

May 31, 2017 CRA Examinations

FHFA: Index Shows Mortgage Rates Decreased in April 2017

Washington, DC – Nationally, interest rates on conventional purchase-money mortgages decreased from March to April, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 3.97 percent for loans closed in late April, down 15 basis points from 4.12…

May 30, 2017 Data & Trends

CFPB: Take the Quiz to See How Prepared You Are to Make Financial Decisions

When it comes to making financial decisions, do you feel prepared? For example, if you need to buy a new car, are you prepared to make the financial decisions that come with taking out an auto loan? What if you are ready to get a new credit card? How will you decide which one offers…

May 30, 2017 Financial Tips

Census Bureau: The South is Home to 10 of the 15 Fastest-Growing Large Cities

Texas Cities Continue to Top the Charts MAY 25, 2017 — Ten of the 15 fastest-growing large cities were located across the South in 2016, with four of the top five in Texas, according to new population estimates released today by the U.S. Census Bureau. Conroe, Texas (near Houston), was the fastest-growing large city (population…

May 25, 2017 Industry News