Community Reinvestment Act

Fed Overhauls Community Reinvestment Act to Adapt to Online Banking

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  |  Legal & 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). Get...

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