Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services introduced H.R. 8833, the “Making Communities Stronger Through the Community Reinvestment Act.” This transformative piece of legislation is a part of Chairwoman Waters’ continuing efforts to root out discrimination in our modern-day banking system and close the racial wealth […]
findCRA’s President, COO & Co-Founder Leads CRA Modernization Rountable at the 2022 EITL Forum
findCRA’s President, COO, & Co-Founder, Brian Waters, will join Marty Mitchell of ProBank Austin as the “Experts in the Loop” to discuss CRA modernization at Compliance.ai’s 2022 EITL Forum. The virtual roundtable will be held on Tuesday, September 7, 2022, at 6:00 p.m. Eastern. During the hourlong session, Brian and Marty […]
OCC: Infographics on CRA Modernization Proposed Rule Issued
The Office of the Comptroller of the Currency (OCC) today released a series of infographics to promote comment on the interagency notice of proposed rulemaking (NPR) to modernize and strengthen the Community Reinvestment Act (CRA). The infographics include key information from the CRA NPR on performance standards; data collection, maintenance […]
Federal Reserve: “Strengthening the CRA: A Conversation with Representatives of Native Communities”
Speech delivered at National Native Coalition Virtual Series on the Community Reinvestment Act Notice of Proposed Rulemaking (via webcast) by Vice Chair Lael Brainard Good afternoon.1 I am happy to join you today for the National Native Coalition listening session to discuss the Community Reinvestment Act (CRA). I want to thank […]
We’ve Launched Our 2022 Contexter Market Reports with New and Expanded Data
Our updated and enhanced 2022 Contexter Market Reports are now available! Not only have we updated each data point for 2022, but we also added several new and expanded data sets to help you build performance context. 1. Updated data for 2022 Our Contexter Market Reports contain over 200 pieces […]
findCRA’s President, COO & Co-Founder Invited to Discuss Fintech and CRA at Lendit Fintech 2022 in New York
findCRA’s President, COO, & Co-Founder, Brian Waters, will participate in a panel discussion with other Fintech and industry leaders at the annual LendIt Fintech conference in New York City next week. The panel will explore how the Fintech ecosystem has worked to achieve its perceived promise of financial inclusion and […]
OCC: Bulletin Issued on Interagency Notice of Proposed Rulemaking to Implement the CRA
On May 5, 2022, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Federal Reserve Board), and the Federal Deposit Insurance Corporation (FDIC) (collectively, the agencies) issued a joint notice of proposed rulemaking to strengthen and modernize the Community Reinvestment Act […]
OCC: Acting Comptroller’s Statement on Interagency Proposal to Modernize the CRA Issued
Acting Comptroller of the Currency Michael J. Hsu issued the following statement at today’s Federal Deposit Insurance Corporation (FDIC) board meeting to consider the interagency notice of proposed rulemaking (NPR) to strengthen and modernize the Community Reinvestment Act (CRA). Today marks an important milestone in our efforts to expand financial […]
Agencies Issue Joint Proposal to Strengthen and Modernize Community Reinvestment Act Regulations
Federal bank regulatory agencies today jointly issued a proposal to strengthen and modernize regulations implementing the Community Reinvestment Act (CRA) to better achieve the purposes of the law. CRA is a landmark law enacted 45 years ago to encourage banks to help meet the credit needs of their local communities, […]
CFPB: Statement of CFPB Director Chopra on the Notice of Proposed Rulemaking Regarding the CRA
Today, the Board of Directors of the Federal Deposit Insurance Corporation is voting to seek public comment on a Notice of Proposed Rulemaking to update the Community Reinvestment Act framework for certain state-chartered banks.1 I am voting in favor of the Notice of Proposed Rulemaking, particularly because of the potential […]