Notice of Proposed Rulemaking on Revisions to the Community Reinvestment Act Regulations
December 13, 2019
December 13, 2019
WASHINGTON, Dec. 13 -- The Federal Deposit Insurance Corporation issued the following financial institution letter (No. FIL-81-2019):
Summary:
The FDIC and the Office of the Comptroller of the Currency (OCC) are issuing a joint Notice of Proposed Rulemaking (NPR) to comprehensively amend the Community Reinvestment Act's (CRA) implementing regulations. The rules were last substantially updated nearly 25 years ago. The proposed revisions would seek to modernize and update . . .
Summary:
The FDIC and the Office of the Comptroller of the Currency (OCC) are issuing a joint Notice of Proposed Rulemaking (NPR) to comprehensively amend the Community Reinvestment Act's (CRA) implementing regulations. The rules were last substantially updated nearly 25 years ago. The proposed revisions would seek to modernize and update . . .