OCC: New CRA Modernization Resources Released
Summary The Office of the Comptroller of the Currency (OCC) today issued three items required to support the implementation of the Community Reinvestment Act (CRA) rule the agency issued on June 5, 2020 (2020 rule). Note for Community Banks The “Community Reinvestment Act 2020 Rule Small Bank Compliance Guide” and other supporting materials pertain to…
Federal Reserve: ANPR Issued on Approach to Modernize CRA Regulations
The Federal Reserve Board on Monday issued an Advance Notice of Proposed Rulemaking (ANPR) that invites public comment on an approach to modernize the regulations that implement the Community Reinvestment Act (CRA) by strengthening, clarifying, and tailoring them to reflect the current banking landscape and better meet the core purpose of the CRA. The ANPR…
Federal Reserve: Webinar on ANPR on the Community Reinvestment Act Scheduled for Monday 9/21
Government in the Sunshine Meeting Notice Agency: Board of Governors of the Federal Reserve Time, date: 10:00 a.m., Monday, September 21, 2020 Place: Virtual Webcast Meeting – The meeting is open to the public, but due to the current coronavirus pandemic, the public may observe this Board meeting via a live webcast on the Board’s…
OCC: CRA Evaluation Schedule for Fourth Quarter 2020 and First Quarter 2021 Issued
The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the fourth quarter 2020 and first 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…
FDIC: CRA Examination Schedules for Fourth Quarter 2020 and First Quarter 2021 Issued
The Federal Deposit Insurance Corporation (FDIC) today issued the lists of institutions scheduled for a Community Reinvestment Act (CRA) examination during the fourth quarter 2020 and first 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. …