CRA Newswire

FDIC: Fourth 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 fourth 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: 10 Tips For Tough Financial Times On The Farm

​WASHINGTON — In recent years, farmers and ranchers have enjoyed profitable times, but many experts, including the USDA, are predicting stress ahead in the ag economy. The American Bankers Association is helping producers prepare by providing key financial considerations.​​ “Thanks to recent boom times, many farmers and ranchers are well-positioned financially for the next couple of…

ABA: Survey Finds That Most Americans Pay Nothing For Bank Services

ABA highlights 8 tips to save on bank costs ​WASHINGTON — The majority of Americans—61 percent—pay nothing at all for bank services such as checking account maintenance and ATM access, according to a recent survey by the American Bankers Association. Most bank customers (72 percent) spend $3 or less in monthly fees—less than the cost…

ABA: Foundation Kicks Off 6th Annual Lights, Camera, Save! Video Contest

Registration open for participating banks ​WASHINGTON — The American Bankers Association Foundation is urging local banks to participate in its Lights, Camera, Save! video contest. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of saving. Through Lights, Camera, Save!, teen participants will create up to a 90-second…

ABA: Foundation Invites Volunteers for 2015 “Get Smart About Credit” Day

Calling on banker volunteers to help their local teens become financially fit ​WASHINGTON — The American Bankers Association Foundation is calling for banker volunteers for its annual Get Smart About Creditprogram, an initiative designed to teach teens how to use credit effectively. Bankers will celebrate Get Smart About Credit Day on Oct. 15 and throughout the…

OCC: CRA Evaluations For 33 National Bank 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 July 1, 2015 through July 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 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….