Community Reinvestment Act

Fed Overhauls Community Reinvestment Act to Adapt to Online Banking
Fed Overhauls Community Reinvestment Act to Adapt to Online Banking
October 24, 2023  |  Bank Regulation

The Federal Reserve has reportedly finalized a revamp of the Community Reinvestment Act (CRA) rules, which were enacted in 1977 to combat discriminatory lending practices in minority...

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OCC Starts Process To Rewrite The Community Reinvestment Act
OCC Starts Process To Rewrite The Community Reinvestment Act
August 29, 2018  |  Bank Regulation

The Office of the Comptroller of the Currency is aiming to rewrite the 1977 Community Reinvestment Act, which is designed to encourage bank lending in...

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Treasury Department Asks For Relaxed Penalties For Community Reinvestment Act
Treasury Department Asks For Relaxed Penalties For Community Reinvestment Act
April 04, 2018  |  Regulation

The Treasury Department has recommended that U.S. regulators ease up on penalties for banks that fail to adhere to the Community Reinvestment Act (CRA). The...

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