Recent News
The Office of the Comptroller of the Currency released a list of Community Reinvestment Act (CRA) performance evaluations made public in February. Of the 22 evaluations of national banks, federal savings associations and insured federal branches of foreign banks, 17 were satisfactory and five were outstanding.
The Office of the Comptroller of the Currency (OCC) released a list of 53 Community Reinvestment Act (CRA) performance evaluations made public from September 2022 through January in two groups. Combined, 16 evaluations were outstanding, 35 were satisfactory and two were needs to improve. The results were released for September through November 2022 and for December 2022 through January. The list includes national banks, federal savings associations and insured federal branches of foreign banks.
Rep. Maxine Waters, D-California, today introduced legislation to update the Community Reinvestment Act (CRA) to include provisions to provide local communities with more say on banks’ CRA exams and activities and require CRA exams to evaluate bank lending done in partnerships with nonbanks and fintechs. H.R.
The Office of the Comptroller of the Currency (OCC) today released a list of 31 Community Reinvestment Act (CRA) performance evaluations that became public in August. Eleven evaluations were outstanding and 20 were satisfactory. The list includes national banks, federal savings associations and insured branches of foreign banks.
The Office of the Comptroller of the Currency (OCC) released the schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the fourth quarter of 2022 and the first quarter of 2023. The OCC seeks public comment on the national banks and federal savings associations scheduled for evaluation. Public comments should be submitted to the banks at the mailing address on the schedule or to the appropriate OCC supervisory office before the month the evaluation is scheduled.
