Recent News
The Office of the Comptroller of the Currency (OCC) issued a bulletin today including clarifications to supervisory policies and processes in the evaluation of community bank performance under the Community Reinvestment Act (CRA). The bulletin informs national banks, federal savings associations and federal branches and agencies about how the OCC has clarified and simplified policies. I
The Comptroller of the Currency told the House Financial Services Committee Wednesday that his agency will modernize its regulatory approach to the Community Reinvestment Act (CRA) and reduce “unnecessary regulatory burden” on national banks and federal savings associations. Joseph M.
The Office of the Comptroller of the Currency (OCC) today published its schedule of Community Reinvestment Act (CRA) evaluations that will be conducted in the third and fourth quarters of 2018. Public comments on the institutions scheduled for evaluation can be submitted to the institutions themselves. The OCC said it would consider all comments received before the close of the CRA evaluation.
The Office of the Comptroller of the Currency today released a list of 32 Community Reinvestment Act (CRA) performance evaluations that became public during May. Of the 32, four are outstanding and 28 are satisfactory. The list contains only national banks, federal savings associations and insured federal branches of foreign banks.
Fifteen Democratic senators last week sent a letter to leaders of the three federal banking agencies, urging them to amend the Community Reinvestment Act (CRA) in a way that increases opportunity to members of minority groups.
Recent Updates
