CRA

OCC: CRA Evaluations for 32 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 May 1, 2018 through May 31, 2018.  The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.  The…

June 1, 2018 CRA Examinations

FDIC: CRA Examination Schedule for Third and Fourth Quarters 2018 Issued

The Federal Deposit Insurance Corporation (FDIC) today issued the lists of institutions scheduled for a Community Reinvestment Act (CRA) examination during the third and fourth quarters of 2018.  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. The…

May 31, 2018 CRA Examinations

We’ve Added 2,678 CRA-Aligned Nonprofits in the State of Georgia

May 24, 2018 Company Announcements

CDFI Fund: CY 2018 Round of New Markets Tax Credit Program Now Open

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2018 round of the New Markets Tax Credit Program (NMTC Program). The NOAA makes up to $3.5 billion in tax credit allocation authority available for the CY 2018 round….

May 9, 2018 Industry News

FFIEC: 2017 HMDA Data on Mortgage Lending Now Available

The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 5,852 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies. Released today are loan-level HMDA data that cover 2017 lending activity submitted by financial…

May 7, 2018 Data & Trends

CFPB: FFIEC Announces Availability of 2017 HMDA Data on Mortgage Lending

The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 5,852 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies. Released today are loan-level HMDA data that cover 2017 lending activity submitted by financial…

May 7, 2018 Data & Trends

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in February 2018. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

May 4, 2018 CRA Examinations

ABA: Community Commitment Awards Submissions Currently Open with ABA Foundation

Deadline for entries is June 29  The American Bankers Association Foundation is requesting submissions for its annual Community Commitment Awards to recognize banks’ essential involvement in their communities. The awards will honor innovative, high-impact bank programs that improve the quality of life for the customers and communities they serve. The entry period will extend to…

May 1, 2018 Industry News

OCC: CRA Evaluations for 22 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 April 1, 2018 through April 30, 2018.  The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.  The…

May 1, 2018 CRA Examinations

FHFA: Correction and Extended Comment Period for Proposed Rule Amending FHLB Affordable Housing Program Regulation

The Federal Housing Finance Agency (FHFA) today announced that it is extending the comment period for the Agency’s proposed rule to amend the Federal Home Loan Banks’ Affordable Housing Program by 30 days.  The comment period was previously set to close on May 14, 2018, 60 days after publication in the Federal Register.  The comment…

April 30, 2018 Regulatory Updates