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, […]
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 2022. The CRA is a 1977 law intended to encourage insured banks and […]
Approximately 2,000 Banks Asked to Detail their Lending Practices Federal Deposit Insurance Corporation (FDIC) Acting Chairman Martin J. Gruenberg and U.S. Census Bureau (Census) Director Robert L. Santos today formally invited approximately 2,000 U.S. banks to participate in a nationally representative online survey about their small business lending practices and […]
The Federal Deposit Insurance Corporation (FDIC) today announced seven new members of the agency’s Advisory Committee on Community Banking: Troy Campbell, President & CEO, Altoona First Savings Bank, Altoona, Pennsylvania Robert James II, Executive Vice President, Carver State Bank, Savannah, Georgia Trey Maust, Executive Chairman, Lewis & Clark Bank, Oregon […]
Undergraduate team selected for examination of the impact of COVID-19 on U.S. banks The Federal Deposit Insurance Corporation (FDIC) today announced a four-member team of undergraduate students from James Madison University College of Business won the agency’s Second Annual FDIC Academic Challenge, a competition among university and college students concerning the […]
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 January 2022. The CRA is a 1977 law intended to encourage insured banks and […]
The Federal Deposit Insurance Corporation (FDIC) today sent to the Federal Register a request for information (RFI) soliciting comments regarding the application of the laws, practices, rules, regulations, guidance, and statements of policy that apply to merger transactions involving one or more insured depository institutions, including the merger between an insured depository […]
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 December 2021. The CRA is a 1977 law intended to encourage insured banks and […]
The Federal Deposit Insurance Corporation (FDIC) today issued the lists of institutions scheduled for a Community Reinvestment Act (CRA) examination during the second quarter 2022 and third quarter 2022. CRA regulations require each federal bank and thrift regulator to publish its quarterly CRA examination schedule at least 30 days before […]
The Board of Governors of the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Office of the Comptroller of the Currency (OCC), the Consumer Financial Protection Bureau (CFPB or Bureau), the Department of Housing and Urban Development (HUD), the Department of […]