Finance & markets · 10/09/2014Updated: 10/17/2026 · 1 min read
Office of the Comptroller of the Currency, Federal Reserve Board, and Federal Deposit Insurance Corporation Propose Updates to Community Reinvestment Act Regulations
Summary
The OCC, Board, and FDIC propose to revise and add questions and answers to their Community Reinvestment Act (CRA) guidelines to address concerns from bankers, community groups, and others regarding CRA regulations, focusing on alternative banking delivery methods, innovative lending practices, and community development initiatives.