FDIC: CRA Examination Schedule Issued for First and Second Quarter 2021
The Federal Deposit Insurance Corporation (FDIC) today issued the lists of institutions scheduled for a Community Reinvestment Act (CRA) examination during the first quarter 2021 and second quarter 2021. 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. …
OCC: CRA Evaluation Schedule Issued for First and Second Quarters 2021
The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the first quarter and second quarter 2021. The OCC encourages public comment on the national banks and federal savings associations scheduled to be evaluated under the CRA. Public comments should be submitted…
OCC: Proposed Rule Issued Regarding the CRA General Performance Standards
The Office of the Comptroller of the Currency (OCC) today invited comment on a notice of proposed rulemaking regarding the Community Reinvestment Act’s (CRA) general performance standards. The OCC published a final rule in June 2020 to strengthen and modernize the agency’s regulations under the CRA to encourage banks to engage in more activities to serve the…
Federal Reserve: Webinar Scheduled for December 16th on Proposal to Modernize CRA
Every community deserves the opportunity to thrive. Our economy depends on it. Modernizing the Community Reinvestment Act (CRA) is an opportunity to address systemic barriers to credit and financial services that continue to hold many communities back. Join us on 12/16 at 10:00 a.m. PT to learn about the Fed’s proposed changes and how you can…
Federal Reserve: Speech by Governor Brainard on Modernizing and Strengthening CRA Regulations
At the National Congress of American Indians 77th Annual Convention & Marketplace (via webcast) Good afternoon and thank you to President Fawn Sharp and Kevin Allis of the National Congress of American Indians (NCAI) for inviting me to join your discussion.1 As the oldest and largest American Indian and Alaska Native organization serving the broad interests…
OCC: Key Provisions of the June 2020 CRA Rule and Frequently Asked Questions
Summary The Office of the Comptroller of the Currency (OCC) published in the Federal Register on June 5, 2020, a final rule1 (June 2020 rule) that strengthens and modernizes the agency’s regulations under the Community Reinvestment Act (CRA). This bulletin summarizes key provisions of the June 2020 rule, which became effective October 1, 2020. This bulletin provides responses…
Federal Reserve: Speech by Governor Brainard on Modernizing and Strengthening CRA Regulations
At the National Housing Conference National Advisory Council Meeting I want to thank David Dworkin for inviting me to participate in this discussion. I am pleased to be with you to talk about Community Reinvestment Act (CRA) modernization and how this process can help address the housing challenges facing minority and low- and moderate-income (LMI)…