All News

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.

Friday, June 15, 2018

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

Thursday, June 14, 2018

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.

Wednesday, June 6, 2018

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.

Friday, June 1, 2018

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.

Tuesday, May 29, 2018

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.

Wednesday, May 2, 2018

The Office of the Comptroller of the Currency today released its list of Community Reinvestment Act (CRA) performance evaluations from April. There were 22 evaluations, with 20 rated as satisfactory, one rated outstanding and one rated as needs to improve. The list includes only national banks, federal savings associations and insured federal branches of foreign banks.

Wednesday, April 4, 2018

The Office of the Comptroller of the Currency today released a list of Community Reinvestment Act (CRA) performance evaluations from March. Of the 24 evaluations made of national banks, federal savings associations and insured federal branches of foreign banks, 20 were satisfactory and four were outstanding.

Tuesday, April 3, 2018

The U.S. Department of Treasury today released several recommendations to modernize the Community Reinvestment Act (CRA). The recommendations were issued to the Office of the Comptroller of the Currency, the Federal Reserve Board and the Federal Deposit Insurance Corporation.

Thursday, March 1, 2018

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during February. Seventeen evaluations were made public: 11 were satisfactory and six were outstanding. The list contains only national banks, federal savings associations and insured federal branches of foreign banks.

Tuesday, February 27, 2018

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) evaluations scheduled for the second and third quarters of this year.

Wednesday, February 7, 2018

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during January. Fifteen evaluations were satisfactory and one was outstanding. The list contains only national banks, federal savings associations and insured federal branches of foreign banks.

Thursday, January 25, 2018

Federal banking regulatory agencies announced today that financial institutions located anywhere in the United States may receive favorable Community Reinvestment Act consideration for bank activities that help revitalize and stabilize major disaster areas in the U.S. Virgin Islands and Puerto Rico that were affected by Hurricane Maria.

Thursday, January 4, 2018

The Office of the Comptroller of the Currency (OCC) today released a list of 15 Community Reinvestment Act (CRA) performance evaluations that became public during December. Fourteen evaluations were satisfactory and one was rated as needs to improve. The list contains national banks, federal savings associations and insured federal branches of foreign banks that received ratings.

Friday, December 22, 2017

President Donald Trump today signed the Tax Cuts and Jobs Act (H.R. 1). The legislation, which goes into effect Jan. 1, 2018, preserves the low-income housing tax credit (LIHTC), tax exemption for private activity bonds, the 2018 and 2019 new markets tax credit (NMTC) allocation application rounds, a revised historic tax credit (HTC) and existing phasedowns for the renewable energy investment tax credit (ITC) and production tax credit (PTC).