CRA Newswire

ABA: 6 Ways to Boost Your Credit Score

​WASHINGTON —In recognition of American Housing Month in June, the American Bankers Association Foundation is reminding consumers of the critical impact credit scores can have on their housing options. “An important step to finding a home, whether you’re renting or buying, is ensuring that you have a good credit history,” said Frank Keating, ABA president…

OCC: Comptroller of the Currency Thomas Curry Discussed Community Redevelopment

NEW ORLEANS — Comptroller of the Currency Thomas J. Curry today discussed resources that aid redevelopment and revitalization of communities following natural disasters and other events.  His remarks came during the Comeback Communities Conference, which helped mark the 10 years of recovery for New Orleans and the Gulf Coast following Hurricane Katrina in 2005. Related…

FDIC: Tips for Teaching Young People about Money

Parents and caregivers don’t have to be financial experts to teach young people to be responsible with money. The latest FDIC Consumer News features tips to help children from pre-kindergarten through college learn how to be smart about their finances. The Spring 2015 edition also includes a checklist of computer security tips for bank customers, an article…

OCC: CRA Evaluations for 14 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 May 1, 2015 through May 31, 2015. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received…

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

ABA: Rent or Buy – 5 Questions Consumers Should Ask Themselves

​WASHINGTON —During American Housing Month in June, the American Bankers Association Foundation is reminding consumers that their local banker can help navigate challenges associated with choosing a home, including deciding what is affordable and whether to rent or buy. “Housing markets vary across the country. Your local banker can help you navigate housing options in…

CFPB: Financial Well-Being Initiative Targeted to People with Disabilities Launched

ROADS to Financial Independence Initiative Will Pilot in Six Communities Nationwide WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) is announcing the launch of the Reach Outcomes. Achieve Dreams. Succeed. (ROADS) to Financial Independence initiative, which is aimed at improving the financial well-being and economic security of individuals with disabilities. The initiative, which is piloting with…

OCC: Third Quarter 2015 CRA Examination Schedule Released

WASHINGTON — The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the third quarter of 2015. The OCC encourages public comment on the national banks and federal savings associations scheduled to be evaluated under the CRA, and suggests that comments be…

FDIC: Third Quarter 2015 CRA Examination Schedule Announced

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 third quarter of 2015. 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: Celebrating Housing Choices, American Housing Month

WASHINGTON — The American Bankers Association and bankers across the country are celebrating American Housing Month throughout June. In the coming month, ABA will provide consumers with information on how to gauge whether the time is right to buy a home, what they need to know to select a reputable lender, how to obtain the…