Recent News
The Novogradac Opportunity Zones Working Group has submitted letters to the Federal Reserve Board of Governors and to the
Twenty-nine members of Congress last week sent a letter to the heads of the three agencies that oversee the Community Reinvestment Act (CRA), urging them to work with civil rights groups and community groups while updating the CRA. The letter was sent to the heads of the Federal Reserve (Fed), Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC).
The Office of the Comptroller of the Currency released a list of Community Reinvestment Act performance evaluations that became public during September. Of 35 evaluations made public, 21 are satisfactory, 13 are outstanding and one is rated as needs to improve. The list of evaluations contains national banks, federal savings associations and insured federal branches of foreign banks.
The Office of the Comptroller of the Currency today released a list of Community Reinvestment Act performance evaluations made public in August. Of 26 evaluations, 19 were satisfactory and seven were outstanding. The list contains national banks, federal savings associations and insured federal branches of foreign banks.
The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations for the fourth quarter of 2019 and the first quarter of 2020. The OCC encourages public comment on the national banks and federal savings associations that are scheduled for evaluation, with comments submitted to the institutions themselves.
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