CRA Newswire

ABA: 10 Money Mistakes Every College Freshman Should Avoid

WASHINGTON — With the fall semester well underway, the American Bankers Association is highlighting common money mistakes college freshmen should avoid to remain financially fit through graduation. “Freshman year marks the first time many students take control of their everyday finances, so it’s important to establish good habits from the get-go,” said Corey Carlisle, executive…

FDIC: 16th Annual Bank Research Conference Held in Arlington, Virginia

The Federal Deposit Insurance Corporation (FDIC) and the Journal for Financial Services Research will sponsor the 16th Annual Bank Research Conference September 8-9, 2016. The conference features a presentation of papers and keynote addresses by FDIC Chairman Martin J. Gruenberg and Professor Douglas Diamond of the University of Chicago’s Booth School of Business. Chairman Gruenberg will…

OCC: CRA Evaluations for 30 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 August 1, 2016 through August 31, 2016. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received…

FDIC: New Members for the Advisory Council on Community Banking Announced

The Federal Deposit Insurance Corporation (FDIC) has announced the selection of eight new members for its Advisory Committee on Community Banking, which has been providing advice and recommendations to the FDIC on a broad range of community bank policy and regulatory matters since it was established in 2009. The Advisory Committee members represent a cross-section…

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 June 2016. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

CDFI Fund: Public Data for NMTC Program for 2003-2014 Released

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today released data collected on New Markets Tax Credit (NMTC) investments across the nation through fiscal year (FY) 2014. The CDFI Fund requires all Community Development Entities (CDEs) that have been awarded NMTC allocations to submit an annual report detailing how they…

OCC: Fourth Quarter 2016 CRA Evaluation Schedule Issued

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 fourth quarter of 2016. 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: Fourth Quarter 2016 CRA Examination Schedule Released

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 fourth 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…

OCC: Members Sought for OCC’s Mutual Savings Association Advisory Committee

WASHINGTON — The Office of the Comptroller of the Currency (OCC) is seeking nominations for members of its Mutual Savings Association Advisory Committee (MSAAC). The MSAAC will provide the OCC with advice and recommendations regarding the current and future circumstances and needs of mutual savings associations. The OCC is seeking nominations of officers or directors…

OCC: Members Sought for OCC’s Minority Depository Institutions Advisory Committee

WASHINGTON — The Office of the Comptroller of the Currency (OCC) is seeking nominations for members of its Minority Depository Institutions Advisory Committee (MDIAC). The MDIAC assists the OCC in assessing the needs and challenges facing minority depository institutions.  The OCC is seeking nominations of officers or directors of OCC-regulated minority depository institutions, or officers…