Community Reinvestment Act (CRA) The Community Reinvestment Act of 1977 (CRA) encourages certain insured depository institutions to help meet the credit needs of the communities in which they are chartered, including low- and moderate-income (LMI) neighborhoods, consistent with the safe and sound operation of such institutions. The Community Reinvestment Act Notice informs members of the public about the provisions of the Community Reinvestment Act (CRA), including the communitys right to certain information about the posted banks operations and performance under the CRA and the services offered by 1 [ 3] In this section of the web site, you can find out more about the regulation and its The Board of Governors of the Federal Reserve System (Board) is publishing for public comment an advance notice of proposed rulemaking (ANPR) to solicit public input regarding modernizing the Board's Community Reinvestment Act regulatory and supervisory framework. Community Reinvestment Act (CRA) On May 5, 2022, the Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC), issued a Notice of Proposed Rulemaking (NPR) that would amend their regulations implementing the Community Reinvestment Act of 1977 (CRA) to update how CRA activities qualify for This document is a correction of a document that was published on 06/03/2022. For those who have limited or constrained internet access, please see Comerica Bank is committed to providing information for public inspection under the Community Reinvestment Act.

On May 5, 2022, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Federal Reserve Board), and the Federal Deposit Insurance Corporation (FDIC) (collectively, the agencies) issued a joint notice of proposed rulemaking to strengthen and modernize the Community Reinvestment Act (CRA) regulatory On May 5, 2022, the OCC, the Federal Reserve Board (FRB), and the Federal Deposit Insurance Corporation (FDIC) jointly released a notice of proposed rulemaking (NPR) to strengthen and modernize the Community Reinvestment Act (CRA) regulations to better achieve the purpose of the CRA. Community Reinvestment Act Notice. After receiving substantial feedback from stakeholders, the Board, the FDIC, and the OCC have issued a notice of proposed rulemaking that would amend their regulations 1. Document Details. I. Open meeting Community Reinvestment Act Notice Appendix B to Part 25CRA Notice. A Proposed Rule by the Comptroller of the Currency, the Federal Reserve System, and the Federal Deposit Insurance Corporation on 07/05/2022.

Congress enacted the Community Reinvestment Act (CRA) [ 1] in 1977 to encourage insured depository institutions (IDI) [ 2] to help meet the credit needs of their entire communities, including low- and moderate-income (LMI) neighborhoods, consistent with the safe and sound operation of the IDIs. Community Reinvestment Act regulations. The CRA public notices must include the physical address of the appropriate Office of the Comptroller of the Currency (OCC) supervisory office and an email address for purposes of informing the public Under the Federal Community Reinvestment Act (CRA), the Federal Reserve Board (Board) evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations. Community Reinvestment ActPublic Notice by Banks. I am voting in favor of the Notice of Proposed Rulemaking, particularly because of the potential it holds to assist Questions about Multifamily Housing Programs? Community Reinvestment Act Notice . The Interstate Deposit Production Regulations were amended effective October 1, 2002 [Editor's Note: The OCC published a final rule for technical amendments to 25.12 of Subpart A General, 25.27 of Subpart B- Standards for Assessing Performance, 25.41 and 25.42 of Subpart C Records, Reporting, and Disclosure Requirements on March 28, 2005, 70 (b) Purposes. "Community Reinvestment Act Regulations" (PDF) 1 The OCC also is rescinding OCC Interpretive Letter 1177, which discusses affiliate activities under the June 2020 CRA rule. Community Reinvestment Act (CRA) The Division of Banks (DOB) ensures consumer protection in the financial services industry. The OCC also takes this record into account when deciding on certain applications submitted by us. Community Reinvestment Act Notice. Community Reinvestment Act. Federal Reserve Board issues Advance Notice of Proposed Rulemaking on an approach to modernize regulations that implement the Community Reinvestment Act. RE: Notice of Proposed Rulemaking on Community Reinvestment Act Regulations. (CRA does not encourage the extension of unsafe or unsound credit.) CRA directs billions of dollars in bank loans, investments, and critical financial services toward low- and moderate-income communities. Under the Federal Community Reinvestment Act (CRA), the Federal Reserve Board (Board) evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations. The Board also takes this record into account when deciding on certain applications submitted by us. Background. To Whom it May Concern: The National Community Reinvestment Coalition (NCRC) appreciates the thoughtfulness of the Federal Reserve Boards (Board) approach to modernizing the regulations implementing the Community Reinvestment Act (CRA). Federal Reserve Community Reinvestment Act Advanced Notice of Proposed Rulemaking February 15, 2021 To: Federal Reserve Board of Governors From: Massachusetts Association of Community Development Corporations 15 Court Square Boston, MA 02108 Re: Public Comment Docket Number R-1723 and RIN Number 7100-AF94

Community Reinvestment Act Notice. Learn more about this key component to consumer protection at the DOB. MAY 05, 2022. Community Reinvestment Act Notice. TheOCC also takes this record into account when deciding on certain applications submitted Community Reinvestment Act Notice Under the Federal Community Reinvestment Act (CRA), the Federal Reserve Board (Board) evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations. The Community Reinvestment Act, or CRA, was signed into law in 1977 and is a seminal piece of legislation to address inequities in access to credit for low- and moderate-income individuals and communities. Under the Federal Community Reinvestment Act (CRA), the Comptroller of the Currency (OCC) evaluates our record of helping to meet the credit needs of this community, consistent with safe and sound operations. Maine Rural Development State Office 967 Illinois Avenue Suite 4 Bangor ME 04401-2767 Phone: (207) 990-9160 Fax: (855) 589-1060. Division of Depositor and Consumer Protection. Generally, references to national banks also apply to federal branches subject to the CRA unless otherwise specified. Revised CRA Notice from Appendix B. Community Reinvestment Act Notice. Under the Federal Community Reinvestment Act (CRA), the Comptroller of the Currency (OCC) evaluates our record of helping to meet the credit needs of this community, consistent with safe and sound operations. The Board also takes this record into account when deciding on certain applications submitted by us. Federal Register notice (The comment period for the ANPR closed on February 16, 2021) Fact Sheet on the CRA Advance Notice of Proposed Rulemaking (PDF) Open Board meeting September 21, 2020. As a federal law enacted in 1977, the CRA encourages financial institutions to reinvest in the communities it serves. The Division of Banks examines state-chartered banks and credit unions for compliance with the Massachusetts CRA.

The Community Reinvestment Act (CRA) is a 1977 federal law that encourages banks and other depository institutions to help meet the credit needs of their communities, including low- and moderate-income neighborhoods, consistent with safe and sound banking operations. 2901) and implemented by Regulations 12 CFR parts 25, 228, 345, and 195, is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate. Federal bank regulatory agencies today jointly issued a proposal to strengthen and modernize regulations implementing the Community Reinvestment Act (CRA) to better achieve the purposes of the law. The OCC also takes this record into account when deciding on certain applications submitted by us. 2 The December 2021 CRA final rule, effective January 1, 2022, replaced the June 2020 CRA rule with Community Reinvestment Act (CRA) regulations haven't been updated since 1995, but consumers bank differently today, and the banking industry has changed. Under the Federal Community Reinvestment Act (CRA), the Federal Deposit Insurance Corporation (FDIC) evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations. Under the Federal Community Reinvestment Act (CRA), the Comptroller of the Currency (OCC) evaluates our record of helping to meet the credit needs of this community, consistent with safe and sound operations. The Office of the Comptroller of the Currency (OCC) today issued responses to frequently asked questions (FAQ) about the December 2021 final rule 1 to rescind the OCC's Community Reinvestment Act (CRA) rule issued on June 5, 2020 (June 2020 CRA rule). Zogo. The OCC encourages stakeholders to review the proposed rule and Updated: October 1, 2020 . Today, the Board of Directors of the Federal Deposit Insurance Corporation is voting to seek public comment on a Notice of Proposed Rulemaking to update the Community Reinvestment Act framework for certain state-chartered banks. Under the Federal Community Reinvestment Act, (CRA), the Federal Deposit Insurance Corporation (FDIC) evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations. Under the Federal Community Reinvestment Act (CRA), the Federal Reserve Board (Board) evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations. The information on this site may be downloaded by any member of the public. The Community Reinvestment Act (CRA) was passed in 1977 to end discrimination known as redlining. The Board also takes this record into account when deciding on certain applications submitted by us. The OCC also takes this Ninety-eight percent The Community Reinvestment Act (CRA) is a law intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income (LMI) neighborhoods, consistent with safe and sound banking operations. The Board also takes this record into account when deciding on certain applications submitted by us. Staff presents the attached Notice of Proposed Rulemaking (NPR or proposal) for approval by the Board of Directors (Board) of the Federal Deposit Insurance Corporation (FDIC) and for authorization by the Board of its Community Reinvestment Act Notice Under the Federal Community Reinvestment Act (CRA), the Comptroller of the Currency evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations. In enacting the Community Reinvestment Act (CRA), the Congress required each appropriate Federal financial supervisory agency to assess an institution's record of helping to meet the credit needs of the local communities in which the institution is chartered, consistent with the safe and sound operation of the institution, and to take this record into account in the 2 Banks include insured federal branches and any federal branch that is uninsured that results from an acquisition described in section 5(a)(8) of the International Banking Act of 1978 ( 12 Under the Federal Community Reinvestment Act (CRA), the Federal Reserve Board (Board) evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations. The Board of Directors of the FDIC, jointly with the Board of Governors of the Federal Reserve System and the Comptroller of the Currency, is today acting on a Notice of Proposed Rulemaking (NPR) to make comprehensive amendments to the Community Reinvestment Act (CRA) regulations. The Community Reinvestment Act This presentation provides an overview of the Community Reinvestment Act (CRA), and is designed to provide bank directors with foundational knowledge regarding CRA. 1 Refer to OCC News Release 2020-63, OCC Finalizes Rule to Strengthen and Modernize Community Reinvestment Act Regulations. 2 Banks refers to national banks and federal savings associations subject to the CRA. Generally, references to national banks also apply to federal branches subject to the CRA unless otherwise specified. Topics include the purpose of CRA, different CRA evaluation types, how to comply, and practical ideas to assist banks in helping to meet the credit needs of their The Community Reinvestment Act (CRA), enacted by Congress in 1977 (12 U.S.C. Community Reinvestment Act Notice Under the Federal Community Reinvestment Act (CRA), the Federal Deposit Insurance Corporation (FDIC) evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations. Ninety-four percent of the stakeholders' comments on OCCs 2018 advance notice of proposed rulemaking supported change. Community Reinvestment Act Notice. Under the Federal Community Reinvestment Act (CRA), the Comptroller of the Currency (OCC) evaluates our record of helping to meet the credit needs of this community, consistent with the safe and sound operations. Refer to the Federal DATE: April27, 2022. 12 CFR 25.30 requires banks to provide the public with the notice set forth in 12 CFR 25, appendix B. Overview and introduction. 2 Banks refers to national banks and federal savings associations subject to the CRA.

Under the Federal Community Reinvestment Act (CRA), the Comptroller of the Currency (OCC) evaluates our record of helping to meet the credit needs of this community, consistent with safe and sound operations. The Comptroller also takes this record into account when deciding on certain applications submitted by us. Community Reinvestment Act Notice. Under the Federal Community Reinvestment Act ( CRA ), the Federal Deposit Insurance Corporation ( FDIC ) evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations The Community Reinvestment Act requires that the CRA Disclosure Statement be made available to the public as part of an institution's CRA public file. Docket Number R-1723 and RIN Number 7100-AF94. View Uncorrected Document. The Board also takes this record into account when deciding on certain applications submitted by us. Community Reinvestment Act Notice.

Community Reinvestment Act Notice Under the Federal Community Reinvestment Act (CRA), the Federal Reserve Board (Board) evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations. The Board also takes this record into account when deciding on certain applications submitted by us. Call 1-800-292-8293 USDA Rural Development staff is dedicated to assisting rural Maine communities through its housing, business, and community programs. 1 Refer to OCC News Release 2020-63, OCC Finalizes Rule to Strengthen and Modernize Community Reinvestment Act Regulations..