CRA Consideration Available for Financial Assistance to Disaster Areas

Wednesday, September 6, 2017 - 2:00PM

Financial institutions may receive Community Reinvestment Act (CRA) consideration for community development loans, investments or services that assist federally designated disaster areas, according to statements on Hurricane Harvey and Hurricane Irma issued by the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and state bank regulators.

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