CRA Newswire

FDIC: List of Banks Examined For CRA Performance Published

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 May 2015. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

OCC: Focus On Increasing Sustainable Loan Modifications And Reducing Foreclosures

WASHINGTON — The Office of the Comptroller of the Currency (OCC) today published the latest edition of its Community Developments Investments electronic newsletter entitled “Hardest Hit Fund: State Programs to Improve Loan Modification Sustainability and Stabilize Communities.” “There is no single solution for increasing sustainable loan modifications and reducing foreclosures,” said Comptroller of the Currency Thomas J….

OCC: Technical Assistance Event Announced

WASHINGTON — The Office of the Comptroller of the Currency (OCC) will co-host a technical assistance event for minority- and women-owned businesses interested in federal contracting opportunities on August 12, at George Mason University in Arlington, Va. The OCC, Board of Governors of the Federal Reserve System, Consumer Financial Protection Bureau, Department of the Treasury,…

ABA: Interactive Map of Bank CSR Efforts Launched

The ABA Foundation, ABA’s 501(c)(3) nonprofit affiliate, is today unveiling a new online tool to showcase banks’ corporate social responsibility programs. Building on entries in ABA’s Community Commitment Awards since 2012, the interactive map can be searched by state, category and bank asset size. The map can be used by members of the media and…

ABA: 6 Money Mistakes Newlyweds Should Avoid

ABA offers tips for managing money together ​WASHINGTON — Summer wedding season is in full swing and newlyweds will soon be managing their finances as a pair. The American Bankers Association is encouraging couples to waste no time addressing how they will handle money issues as spouses and financial partners. “Developing a financial plan can…

OCC: Education Event for Minority- and Women-Owned Businesses

WASHINGTON — The Office of the Comptroller of the Currency (OCC) will host an educational event for minority- and women-owned businesses at its headquarters in Washington, D.C., on July 22 from 9:30 a.m. until 12:30 p.m. “Managing for Long-Term Success,” presented by Dr. Leonard Greenhalgh of the Tuck School of Business at Dartmouth College, is…