CRA Newswire

FDIC: First Quarter 2015 CRA Examination Schedule Issued

The Federal Deposit Insurance Corporation (FDIC) has issued the public list of institutions that it has scheduled for a Community Reinvestment Act (CRA) examination during the first quarter of 2016. This list is published pursuant to revised CRA regulations published in May 1995 that require each federal bank and thrift regulator to publish a quarterly…

ABA: 7 Bad Spending Habits To Avoid This Holiday Season

7 Bad Spending Habits to Avoid This Holiday Season WASHINGTON — As consumers across the country prepare to shop for holiday deals, the American Bankers Association is highlighting seven habits that shoppers should avoid to minimize their holiday spending debt. “The holiday season is an exciting and inspiring time of the year that promotes giving,…

CFPB: “Planning for Retirement” Tool Released to Help Consumers Decide When To Claim Social Security

CFPB Report Shows Many Consumers Base Critical Claiming Decision on Limited Information WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) released “Planning for Retirement,” an interactive, online tool designed to help consumers decide when to claim their Social Security retirement benefits. According to a report released by the CFPB, many older Americans are relying…

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in August 2015. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

OCC: CRA Evaluations for 34 National Banks and Federal Savings Associations Released

WASHINGTON — The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of October 1, 2015 through October 31, 2015. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received…

Federal Reserve: Community Advisory Council Members Announced

The Federal Reserve Board on Tuesday announced the members of its newly created Community Advisory Council (CAC). The CAC is composed of individuals with consumer- and community development-related expertise who will provide information, advice, and recommendations to the Board on a wide range of relevant policy matters and emerging issues of interest. The fifteen members…

CFPB: Financial Education Curriculum Review Tool Released

Resource Will Help Guide Educators Looking to Select Appropriate Financial Education Material for Students  WASHINGTON, D.C – Today the Consumer Financial Protection Bureau (CFPB) is releasing a tool that educators can use when selecting financial education curriculum for students. The curriculum review tool will help educators identify effective and unbiased material to increase the financial capability…

ABA: Celebrate Financial Education, “Get Smart About Credit Day”

Bankers visit classrooms across country on Oct. 15 to teach credit education ​WASHINGTON — Bankers across the country are celebrating the American Bankers Association Foundation’s Get Smart About Credit Day today by visiting high school classrooms to teach teens how to use credit effectively and other financial lessons. Get Smart About Credit Day, celebrated annually on the…