Tag Archives: Community Reinvestment Act

ABA Urges Modernization of CRA Regulatory Practices

As part of ABA’s long-term engagement with the Treasury Department and financial regulators on the Community Reinvestment Act, the association today sent a white paper to Treasury with several recommendations for modernizing the regulatory approach to CRA.

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Newsbytes Podcast: Fintech in Focus

We discuss top White House adviser Gary Cohn's newsmaking remarks at ABA's Annual Convention earlier this week, the OCC's positive new posture on Community Reinvestment Act examinations and the top fintech trends shaping the next decade of banking.

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Revised OCC Exam Policy Aligns Ratings with CRA Purposes

The OCC has changed its Community Reinvestment Act supervision policies to ensure a “logical nexus” between banks’ CRA-related activities and CRA performance evaluation ratings and to give “full consideration” to banks’ efforts to take corrective action, the agency said today.

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Demystifying SBICs for Community Banks

By Stephen Newton With nearly $690 billion in outstanding loans for small businesses in 2016, banks have a proven track record of successfully providing credit for small business owners and entrepreneurs. For nearly 50 years, one way banks have done this is through small business investment companies, or SBICs, which are private organizations licensed by the Small Business Administration to ...

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