Community Reinvestment Act : Request for Comment on Proposed Revisions to CRA Regulations

Details

• Publisher's site:
  https://www.fdic.gov/
• Corporate Authors:
  Federal Deposit Insurance Corporation (FDIC)
• Description:
  The FDIC, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Office of Thrift Supervision (the agencies) are publishing the attached proposed revisions to the Community Reinvestment Act (CRA) regulations. The proposed revisions would require the agencies, when assessing a financial institution's record of meeting community credit needs, to consider low-cost education loans to low-income borrowers and various activities undertaken by nonminority-owned and nonwomen-owned financial institutions in cooperation with minority- and women-owned financial institutions and low-income credit unions. Comments on the proposed revisions are due 30 days following publication of the joint notice of proposed rulemaking in the Federal Register.
• Subject:
  Consumer Protection
• Dataset Download URL:
  https://www.fdic.gov/news/financial-institution-letters/2009/fil09035.html
• Format:
  PDF
• Release Date:
  06/24/2009
• Update Date:
  11/26/2018
• Withdrawn Date:
  12/01/2018
• Agencies Involved:
  Federal Deposit Insurance Corporation (FDIC) ; Board of Governors of the Federal Reserve System ; Office of the Comptroller of the Currency (OCC) ; Office of Thrift Supervision (OTS)
• Fdic Employee Involved:
  Deirdre Foley ; Susan van den Toorn
• Law Involved:
  Community Reinvestment Act (CRA) ; Higher Education Opportunity Act
• Source:
  FDIC Website
• Memorandum To:
  FDIC-Supervised Banks (Commercial and Savings)
• FIL Number:
  FIL-35-2009
• Main Document Checksum:
  urn:sha256:e274ea1058516fe899b48351ff646d03a5c577e1f2535562da0c66991b7a390b
• Download URL:
  https://archive.fdic.gov/view/fdic/7219/fdic_7219_DS1.pdf
• File Type:
  [PDF - 1.28 MB ]