OCC’s Hsu: Agencies to Release CRA NPR in ‘Not-Too-Distant Future’
The OCC, Federal Reserve and FDIC plan to issue a CRA notice of proposed rulemaking in the near future.
Browsing: Community Banking
ABA, Trade Groups Urge Continued Bipartisan Support for CDFI Funding
The American Bankers Association and four other trade groups today urged House and Senate appropriations leaders to continue bipartisan support of at least $360 million in funding for the Community Development Financial Institutions Fund in fiscal year 2022, with $42 million allocated for the Bank Enterprise Award Program.
ABA Foundation Launches 2022 Financial Education Campaign
The American Bankers Association Foundation today launched its 2022 financial education campaign, which consists of four programs—Teach Children to Save, the Lights, Camera, Save! video contest, Safe Banking for Seniors and Get Smart About Credit.
Podcast: Exit Interview with Jelena McWilliams, Part 2
McWilliams discusses several policy aspects of her tenure at the FDIC, including climate risk, small-dollar lending, CRA reform and the Mission-Driven Bank Fund.
Fed’s Bowman to Speak at Conference for Community Bankers
Federal Reserve Governor Michelle Bowman, who holds the designated community bank seat on the board of governors, will speak during ABA’s Conference for Community Bankers, taking place Feb. 20-22 in Palm Desert, California.
Podcast: Exit Interview with Jelena McWilliams, Part 1
The outgoing FDIC chairman discusses bank innovation, FDITech, post-COVID exams and the agency’s COVID response in part one of this interview.
CFPB Releases 2022 Lists of Rural, Underserved Counties
The CFPB today released the lists of rural counties and rural or underserved counties that entities can use in 2022 to determine whether they are exempt from certain regulatory requirements of the Truth in Lending Act.
ABA Members Named to 2022 Fed Advisory Council
The Federal Reserve today announced the members of its 2022 Community Depository Institutions Advisory Council, which includes several ABA member bankers.
FDIC Partners With Operation Hope to Promote Financial Education
The FDIC today said it has partnered with the nonprofit Operation Hope to promote financial education to minority and women-owned businesses. Through the partnership, Operation Hope will use the FDIC’s Money Smart financial education resources to help teach how to do business with the agency.
FFIEC Modernization Project Yields Best-Practice Recommendations
The Federal Financial Institutions Examination Council issued a statement of principles on examination information requests.