Department of Financial Services Alerts Regulated Banking Institutions of New Responsibilities Under New York State's Community Reinvestment Act
July 01, 2020
July 01, 2020
ALBANY, New York, July 1 -- The New York State Department of Financial Services issued the following news release on June 30:
The New York State Department of Financial Services (DFS) alerted New York regulated banking institutions of their responsibilities under enacted amendments to New York State's Community Reinvestment Act (CRA) with respect to minority- and women-owned businesses, and of opportunities to receive CRA credit for activities undertaken in response to the COVID-19 . . .
The New York State Department of Financial Services (DFS) alerted New York regulated banking institutions of their responsibilities under enacted amendments to New York State's Community Reinvestment Act (CRA) with respect to minority- and women-owned businesses, and of opportunities to receive CRA credit for activities undertaken in response to the COVID-19 . . .