CRA

FDIC: Personnel Changes Announced at Agency

Chief Information Officer The FDIC Board has appointed Howard Whyte as Chief Information Officer. Mr. Whyte has more than 20 years of information technology and security experience in the federal government, military, and private sector. Since January 2017, Mr. Whyte has been the Chief Information Security Officer (CISO) at the FDIC. In that role, he…

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 July 2017. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

OCC: CRA Evaluations for 31 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 September 1, 2017 through September 30, 2017. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The…

CDFI Fund: FY 2017 Funding Round Of BEA Program Open

Today the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2017 application round for the Bank Enterprise Award Program (BEA Program). Application materials are now available on the BEA Program page of the CDFI Fund’s website in anticipation the publication of the FY 2017 Notice of…

OCC: Bank Supervision Operating Plan for Fiscal Year 2018 Released

The Office of the Comptroller of the Currency (OCC) today released its bank supervision operating plan for fiscal year (FY) 2018. The plan provides the foundation for policy initiatives and for supervisory strategies as applied to individual banks. OCC staff members use this plan to guide their supervisory priorities, planning, and resource allocations. The plan…

CFPB: FFIEC Announces Availability Of 2016 HMDA Data On Mortgage Lending

The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 6,762 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies. The HMDA data cover 2016 lending activity and include: Applications, originations, purchases, sales of…

ABA: Foundation Honors Six Banks with Community Commitment Awards

Categories range from affordable housing to community and economic development ​ WASHINGTON — Six banks have been recognized as leaders in corporate social responsibility with an American Bankers Association Foundation Community Commitment Award. The awards were given to banks for their efforts in categories ranging from affordable housing to economic inclusion. Winners will be presented…