OCC Issues Proposal on CRA Performance Standards
The OCC today proposed its approach to determining Community Reinvestment Act evaluation measure benchmarks, retail lending distribution test thresholds and ...
Tag: Community Reinvestment Act
McWilliams: FDIC Pursuing Interagency Approach on CRA
The FDIC would like to see a consistent interagency approach to Community Reinvestment Act rules, FDIC Chairman Jelena McWilliams said ...
Brainard Highlights CRA Reform Proposals for Minority Banks
Speaking to the National Bankers Association, Federal Reserve Governor Lael Brainard today highlighted four new provisions specific to minority depository ...
Fed Issues Its Own CRA Modernization Proposal
The Federal Reserve today issued an advance notice of proposed rulemaking on updating the agency’s three-decade-old Community Reinvestment Act regulations.
NCRC: Expand CRA to Cover Credit Unions, Other Nonbanks
The Community Reinvestment Act should be expanded to cover credit unions, other nonbank lenders and insurers, according to the National ...
Brooks: CRA Benchmarking Proposal Expected by End of Summer
The OCC expects to propose the benchmarking framework it will use to assess Community Reinvestment Act performance within the next ...
Can My Bank Require Opt-In to Overdraft as a Condition of Receiving a Debit Card?
…and other answers to your compliance questions in the July/August 2020 ABA Regulatory Policy and Compliance Inbox.
Three Takeaways from CRA Modernization
Provisions of OCC final rule will make CRA examination more consistent and predictable and have enjoyed widespread support. Other portions ...
Podcast: OCC’s Brooks Plans to Unveil ‘Payments Charter 1.0’ This Fall
The OCC is planning to unveil what Acting Comptroller Brian Brooks called "payments charter 1.0" as soon as this fall, ...
Agencies Issue FAQs on Coronavirus, Community Reinvestment Act Activities
The OCC today released a list of 13 interagency frequently asked questions related to the Community Reinvestment Act and the ...
