Tag Archives: CRA modernization

Bonus Podcast: Key Points on CRA Modernization

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.

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OCC Asks for Feedback on Modernizing CRA

The OCC today issued a long-anticipated advance notice of proposed rulemaking seeking input on the best ways to modernize Community Reinvestment Act regulations. The ANPR asks for comment on several issues, including how to: Encourage more lending in areas that need it most, including low- and moderate-income areas Broaden and clarify the types of activities eligible for CRA consideration Update ...

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Nichols Op-Ed Calls for Modernizing CRA Criteria

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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