CRA

We’ve Added 385 CRA-Aligned Nonprofits in the State of Rhode Island

August 21, 2018 Company Announcements

OCC: Revisions to Impact of Evidence of Discriminatory or Other Illegal Credit Practices on CRA Ratings

Description: Revisions to Impact of Evidence of Discriminatory or Other Illegal Credit Practices on Community Reinvestment Act Ratings Summary The Office of the Comptroller of the Currency (OCC) is issuing this bulletin to make public the revised Policies and Procedures Manual (PPM) 5000-43, which clarifies the OCC’s policy for applying the regulatory framework to determine…

August 15, 2018 Regulatory Updates

We’ve Added 860 CRA-Aligned Nonprofits in the State of Arkansas

August 15, 2018 Company Announcements

CDFI Fund: FY 2018 Round BEA Program Electronic Application Now Available

The electronic application for the fiscal year (FY) 2018 round of the Bank Enterprise Award Program (BEA Program) is now available in the Community Development Financial Institutions Fund’s (CDFI Fund’s) Awards Management Information System (AMIS). All applicants must be registered in SAM.gov, Grants.gov, and AMIS to apply for funding. Organizations should confirm that their accounts…

August 7, 2018 Industry News

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 May 2018. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

August 3, 2018 CRA Examinations

OCC: CRA Evaluations for 40 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 July 1, 2018 through July 31, 2018. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The…

August 2, 2018 CRA Examinations

OCC: New Bulletin Discusses Annual Host State Loan-to-Deposit Ratios

Summary The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) issued on June 15, 2018, the host state loan-to-deposit (LTD) ratios. The OCC is issuing this bulletin to inform national banks about how these ratios are used…

July 25, 2018 Regulatory Updates

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 April 2018. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

July 5, 2018 CRA Examinations

OCC: CRA Evaluations Released for 20 National Banks and Federal Savings Associations

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 June 1, 2018 through June 30, 2018. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The…

July 3, 2018 CRA Examinations

FDIC: Regulatory Relief Guidance to Help Financial Institutions and Facilitate Recovery in Areas of Hawaii

Summary: The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Hawaii affected by severe storms, flooding, landslides and mudslides. Statement of Applicability to Institutions with Total Assets under $1 Billion: This Financial Institution Letter applies to all FDIC-supervised financial institutions. Highlights: Severe…

July 3, 2018 Regulatory Updates