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Bankowość · 5.06.2020

Community Reinvestment Act Regulations

The Office of the Comptroller of the Currency (OCC) is adopting a final rule to strengthen and modernize the Community Reinvestment Act (CRA) by clarifying and expanding the activities that qualify for CRA credit; updating where activities count for CRA credit; creating a more consistent and objective method for evaluating CRA performance; and providing for more timely and transparent CRA-related data collection, recordkeeping, and reporting.

Source: Federal Register — Office of the Comptroller of the CurrencyOpen original release →