CRA

OCC: Second and Third Quarter 2023 CRA Evaluation Schedule Issued

The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the second and third quarters of 2023. The OCC encourages public comment on the national banks and federal savings associations (collectively, banks) scheduled to be evaluated under the CRA. Public comments should…

FHFA: Public Comment Period Announced for Federal Home Loan Bank Members’ Community Support Performance

The Federal Housing Finance Agency (FHFA) today announced that the Agency will review all applicable Federal Home Loan Bank (FHLBank) members in 2023 under FHFA’s community support program (CSP) regulation. FHFA is issuing a Federal Register Notice inviting the public to comment on the community support performance of individual members of the FHLBanks. “The FHLBanks’…

OCC: CRA Evaluations for 36 National Banks and Federal Savings Associations Released

The Office of the Comptroller of the Currency (OCC) today released a list of additional Community Reinvestment Act (CRA) performance evaluations that became public during the period of September 1, 2022, through November 30, 2022. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings….

ABA: Association Offers Congressional Testimony on Strength of Banking Industry

FirstBank CEO Jim Reuter appears on behalf of ABA members before House Financial Services Subcommittee on Financial Institutions and Monetary Policy The American Bankers Association today provided testimony to the House Financial Services Subcommittee on Financial Institutions and Monetary Policy on the banking industry’s public policy priorities, new initiatives to foster innovation and competition in financial services,…

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 November 2022. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

OCC: CRA Evaluations for 31 National Banks and Federal Savings Associations Released

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 December 1, 2022, through January 31, 2023.  The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.  The…

OCC: CRA Evaluations for 22 National Banks and Federal Savings Associations Released

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 September 1, 2022, through November 30, 2022. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The…

findCRA to Discuss CRA, Disaster Relief & COVID-19 with the ABA CRA Working Group

findCRA’s President, COO & Co-Founder, Brian Waters, will discuss CRA requirements for banks when tracking activities regarding disaster and pandemic relief with the American Bankers Association’s CRA Working Group on January 5, 2023. The virtual session will include an overview of regulatory guidance regarding bank activities undertaken in response to natural disasters for consideration during…

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 October 2022. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

Joint Release: Agencies Release Annual Asset-Size Thresholds Under Community Reinvestment Act Regulations

The Federal Reserve Board and the Federal Deposit Insurance Corporation today announced the 2023 updated asset-size thresholds used to define “small bank” and “intermediate small bank” under their Community Reinvestment Act (CRA) regulations.   Annual adjustments to these asset-size thresholds are based on the average change in the Consumer Price Index for Urban Wage Earners and…