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Recent News
The Office of the Comptroller of the Currency (OCC) released a list of 13 Community Reinvestment Act (CRA) performance evaluations that became public in February. The list contains national banks, federal savings associations and insured federal branches of foreign banks.
The Office of the Comptroller of the Currency (OCC) last week released its schedule of Community Reinvestment Act (CRA) evaluations for the second and third quarter of 2021. The OCC encourages public comment on the national banks and federal savings associations evaluated under the CRA. Public comments should be submitted to the financial institutions at the mailing addresses on the schedule or to the appropriate OCC office before the month for which the evaluation is scheduled.
The Office of the Comptroller of the Currency (OCC) Tuesday released Community Reinvestment Act (CRA) performance evaluations that became public in January. The 21 evaluations of national banks, federal savings associations and insured federal branches of foreign banks included 15 satisfactory ratings and six outstanding ratings.
The Office of the Comptroller of the Currency (OCC) today released a bulletin that includes criteria to determine a bank’s size based on its asset size or business model for 2021, a list of distressed and underserved areas where certain bank activities for 2021 are eligible for Community Reinvestment Act (CRA) consideration and the banking industry median hourly compensation value used for determining the dollar value of community development service activities this year. OCC Bulletin 2021-5 publishes the lists and hourly compensation value pursuant to the CRA rule published in June 2020.
The Office of the Comptroller of the Currency (OCC) Thursday released a list of 23 Community Reinvestment Act (CRA) performance evaluations made public in December 2020. Sixteen evaluations were rated satisfactory and seven were outstanding. The list includes national banks, federal savings associations and insured federal branches of foreign banks.
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