Tag: cra
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OCC and FDIC Propose Major Amendments to Community Reinvestment Act Rules
The OCC and FDIC propose significant changes to Community Reinvestment Act rules, aiming to refocus on lending, ensure community development grants are effective, reduce bank burden, and provide clearer guidance for CRA consideration.
BusinessPolitics and GovernmentGeneral PoliticsFederal GovernmentEconomyBankingLegalSocial Issues OCCFDICCommunity Reinvestment ActCRARegulationsProposed RuleOffice of the Comptroller of the Currency (OCC)