Browsing: Community Reinvestment Act

ABA Banking Journal Podcast

With less than a week before comments are due on the OCC’s August advance notice of proposed rulemaking on the Community Reinvestment Act, ABA VP Krista Shonk follows up an earlier podcast interview with tips on how to complete a comment letter and key points ABA will be making in its own letter.

Compliance

The OCC yesterday updated its policies and procedures manual to clarify its policy and methodology for determining how evidence of discrimination or illegal credit practices will affect a bank’s Community Reinvestment Act rating.

Compliance

As federal regulators continue their ongoing effort to update the Community Reinvestment Act regulations, an op-ed penned by ABA President and CEO Rob Nichols in The Hill today advocates for commonsense reforms that would better align the decades-old statute with the modern banking landscape.

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