Category: Community Reinvestment Act (CRA), Compliance, Laws & Regulations, OCC Regulations

Interagency Statement on Community Reinvestment Act Joint Agency Action

The Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) are committed to working together to jointly strengthen and modernize regulations implementing the Community Reinvestme…

The Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) are committed to working together to jointly strengthen and modernize regulations implementing the Community Reinvestment Act (CRA).

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2021/nr-ia-2021-77.html

OCC Statement on Rescinding its 2020 Community Reinvestment Act Rule

The Office of the Comptroller of the Currency (OCC) today announced it will propose rescinding the Community Reinvestment Act (CRA) rule issued in May 2020 and is committed to working with the Federal Reserve (Board) and the Federal Deposit Insurance C…

The Office of the Comptroller of the Currency (OCC) today announced it will propose rescinding the Community Reinvestment Act (CRA) rule issued in May 2020 and is committed to working with the Federal Reserve (Board) and the Federal Deposit Insurance Corporation (FDIC) to put forward a joint rulemaking that strengthens and modernizes the CRA.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-76.html