Interagency Guidance: 2015 Small Business, Small Farm and Community Lending Data Available
The three federal banking agency members of the Federal Financial Institutions Examination Council (FFIEC) with Community Reinvestment Act (CRA) responsibilities — the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency — announced today the availability of data on small business, small…
Regulated Financial Institutions to Submit Self-Assessments of Diversity Policies and Practices
The federal banking agencies today provided information on how the financial institutions they regulate may begin to submit self-assessments of their diversity policies and practices as of year-end 2015, and issued Frequently Asked Questions (FAQs) about the process. Financial institutions are strongly encouraged to disclose on their websites their diversity policies and practices, as well…
OCC: Minority Depository Advisory Committee Charter Renewed
WASHINGTON – The Office of the Comptroller of the Currency (OCC) has renewed the charter of its Minority Depository Institutions Advisory Committee (MDIAC), which advises the agency on issues and opportunities facing minority depository institutions. “The Minority Depository Institutions Advisory Committee provides the OCC with an invaluable perspective on the business environment affecting minority depository…
OCC: Comptroller Discusses Efforts to Promote Community Revitalization
NEW YORK—Comptroller of the Currency Thomas J. Curry today discussed efforts to promote community revitalization through responsibly innovative funding and other assistance to support rehabilitation of homes in distressed communities. The remarks came during his appearance at the Community Development Corporation of Long Island’s Annual Lenders Forum. Related Links Remarks (PDF) Comptroller of the Currency Thomas…
OCC: Newsletter Focuses on Financing Community Health Centers
WASHINGTON — The Office of the Comptroller of the Currency (OCC) today published the latest edition of its Community Developments Investments electronic newsletter entitled “Financing Health Centers: Supporting Community Wellness.” The articles in this edition of Community Developments Investments provide an in-depth look at bank financing of federally funded health centers that serve economically disadvantaged communities. Federally funded community…