Banking regulators to rescind 2023 Community Reinvestment Act rule
Banking regulators announced they intend to rescind the 2023 Community Reinvestment Act final rule “in light of pending litigation.” They ...
Tag: Community Reinvestment Act
Agencies announce small bank, intermediate small bank asset-size thresholds for 2025
The Federal Reserve and FDIC announced the updated Community Reinvestment Act "small bank" and "intermediate small bank" asset-size thresholds for ...
Banking agencies release CRA data on small-business, small-farm lending in 2023
The total number and value of small-business and small-farm loans made by financial institutions subject to the Community Reinvestment Act ...
Bank homeownership assistance programs that work
The value is vast to communities, but such efforts also attract new customers and strengthen relationships with current clients.
FDIC releases CRA exam schedules for Q1, Q2
The FDIC has issued the lists of institutions scheduled for Community Reinvestment Act examinations during the first and second quarters ...
FDIC issues guidance to help banks in Missouri affected by severe storms
The FDIC is encouraging banks to “work constructively” with borrowers experiencing difficulties beyond their control because of damage caused by ...
Regulators release 2024 list of distressed, underserved communities
Federal banking regulators released the 2024 list of distressed or underserved nonmetropolitan middle-income geographies eligible to receive CRA consideration.
Podcast: What the C-suite needs to know about redlining enforcement
"We're in some new territory," says Andrea Mitchell. "It's important for CEOs to understand what their compliance officers are seeing ...
CFPB’s Chopra: Credit unions should be subject to CRA scrutiny
There should be a “level playing field” when it comes to credit unions being subject to Community Reinvestment Act requirements, ...
ABA faults banking regulators for confusing CRA rule rollout
ABA said that recent banking agency changes were only necessary due to drafting errors and the overall complexity of the ...
