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Agencies Name 2017 Distressed or Underserved Nonmetropolitan Middle-Income Geographies

Wednesday, June 21, 2017 - 10:45AM

The Office of the Comptroller of the Currency (OCC) and two other federal agencies today released the 2017 list of distressed or underserved nonmetropolitan middle-income geographies, which are eligible to receive Community Reinvestment Act (CRA) consideration under the community development definition. The Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation joined in the announcement of areas that are designated due to local economic conditions that include unemployment, poverty and population changes. The designations were effective June 1.

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