All News

Tuesday, April 2, 2019

The Office of the Comptroller of the Currency today released a list of 25 Community Reinvestment Act performance evaluations made public in March. Of the 25 evaluations, 18 were satisfactory and seven were outstanding. The evaluations are of national banks, federal savings associations and insured federal branches of foreign banks.

Wednesday, March 6, 2019

The Office of the Comptroller of the Currency today released a list of 13 national banks, federal savings associations and insured branches of foreign banks that received Community Reinvestment Act evaluations in February. Ten were rated satisfactory, two were rated outstanding and one was rated as needs to improve.

Wednesday, February 27, 2019

The Office of the Comptroller of the Currency (OCC) today released the schedule of Community Reinvestment Act evaluations for national banks and federal savings associations for the second and third quarters of 2019.

Friday, February 1, 2019

The Office of the Comptroller of the Currency today released the list of 48 Community Reinvestment Act performance evaluations that became public in January. Of the 48 evaluations, 37 were satisfactory and 11 were outstanding. The list contains national banks, federal savings associations and insured federal branches of foreign banks.

Thursday, January 3, 2019

The Office of the Comptroller of the Currency today released a list of Community Reinvestment Act performance evaluations that became public in December. Of 31 evaluations made public, 28 were satisfactory and three were outstanding. The list contains national banks, federal savings associations and insured federal branches of foreign banks. The possible ratings are outstanding, satisfactory, needs to improve and substantial noncompliance.

Thursday, December 20, 2018

The three federal bank regulatory agencies today announced the annual adjustment to the asset thresholds to define small bank, small savings association, intermediate small bank and intermediate mall savings association under the Community Reinvestment Act regulations.

Tuesday, December 4, 2018

The Office of the Comptroller of the Currency today released a list of 28 Community Reinvestment Act (CRA) performance evaluations that became public in November. Twenty-five were rated satisfactory and three were outstanding. The list contains only national banks, federal savings associations and insured federal branches of foreign banks that have received ratings.

Thursday, November 29, 2018

The Office of the Comptroller of the Currency (OCC) today released the Community Reinvestment Act (CRA) evaluation schedule for the first and second quarters of 2019. The OCC invites public comment on national banks and federal savings associations scheduled for CRA evaluation. The OCC said it would consider all public comments received until the close of the CRA evaluation.

Wednesday, November 7, 2018

Results from Tuesday’s elections–with Democrats taking control of the House of Representatives and Republicans maintaining control of the Senate–and their effect on the affordable housing, community development and renewable energy communities are the subject of a Notes from Novogradac blog post and a

Thursday, November 1, 2018

The Office of the Comptroller of the Currency today released a list of Community Reinvestment Act (CRA) performance evaluations that became public in October. Of the 37 evaluations, 30 were rated satisfactory and seven were outstanding. The list includes only national banks, federal savings associations and insured federal branches of foreign banks.

Thursday, October 25, 2018

The federal banking agency members of the Federal Financial Institutions Examination Council that have Community Reinvestment Act (CRA) responsibilities today announced the availability of a fact sheet and data tables for specific lending 2017 data pursuant to the CRA.

Friday, October 19, 2018

The Treasury Department today released the first tranche of proposed guidance for the opportunity zones (OZ) incentive, addressing gains invested in qualified opportunity funds. Treasury also released a related revenue ruling. Treasury will accept comments for 60 days.

Tuesday, October 2, 2018

The Office of the Comptroller of the Currency today released a list of Community Reinvestment Act performance evaluations that became public in September. Thirty evaluations were made, with 23 rated satisfactory, five rated outstanding, one rated needs to improve and one rated substantial needs to improve. The list contains national banks, federal savings associations and insured federal branches of foreign banks.

Wednesday, September 26, 2018

Sen. Elizabeth Warren, D-Mass., today introduced the American Housing and Economic Mobility Act of 2018, legislation that would invest $445 billion in the Housing Trust Fund, $523 billion in rural housing programs and strengthen provisions in the Community Reinvestment Act to hold more financial intuitions accountable and strengthen sanctions for failure to follow rules.

Thursday, September 6, 2018

The Office of the Comptroller of the Currency today released a list of Community Reinvestment Act performance evaluations that became public in August. Sixteen evaluations were made, with 14 rated satisfactory and two outstanding. The list includes national banks, federal savings associations and insured federal branches of foreign banks.

Wednesday, August 29, 2018

The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations for the fourth quarter of 2018 and the first quarter of 2019. The OCC encourages comment on the national banks and federal savings associations scheduled to be evaluated.

Tuesday, August 28, 2018

The Office of the Comptroller of the Currency (OCC) today released an advanced notice of proposed rulemaking on modernizing the Community Reinvestment Act (CRA) to be published in the Federal Register. The OCC seeks stakeholder comments on ways to modernize CRA regulations to better achieve the CRA’s purpose.

Wednesday, August 22, 2018

Three federal banking agencies issued an interim rule today to amend the agencies’ liquidity rules concerning certain eligible municipal securities due to the Economic Growth, Regulatory Relief and Consumer Protection Act of 2018.

Friday, August 3, 2018

The Office of the Comptroller of the Currency today released a list of Community Reinvestment Act (CRA) performance evaluations made in July. Of the 40 evaluations, 10 were outstanding and 30 were satisfactory. The list includes national banks, federal savings associations and insured federal branches of foreign banks.

Tuesday, July 3, 2018

The Office of the Comptroller of the Currency today released a list of 20 Community Reinvestment Act performance evaluations that became public in June. Seventeen evaluations were satisfactory and three were outstanding. The list contains national banks, federal savings associations and insured federal branches of foreign banks.