Banking agencies release video on Community Reinvestment Act rule

The FDIC, Federal Reserve and Office of the Comptroller of the Currency today jointly released a prerecorded, one-hour webinar on the final rule to modernize regulations implementing the Community Reinvestment Act. The video provides an overview of the rule and its objectives. Additional topics in the recording include assessment areas, community development, evaluation framework, performance tests, ratings, data collection and reporting and applicability dates.