Community Reinvestment Act Regulations

Title:
Community Reinvestment Act Regulations
Subject: CRA
Agency: OCC
Status: Proposed rule
Summary:

The Office of the Comptroller of the Currency (OCC) is issuing a notice of proposed rulemaking to request comment on the OCC’s proposed approach to determine the Community Reinvestment Act (CRA) evaluation measure benchmarks, retail lending distribution test thresholds, and community development minimums under the general performance standards. The proposal further explains how the OCC would assess significant declines in CRA activities levels in connection with performance context following the initial establishment of the benchmarks, thresholds, and minimums. Finally, the proposed rule would make clarifying and technical amendments to the CRA final rule.

FR Doc: 2020-26394
Date proposed: Nov. 24, 2020
Comments due date: Feb. 2, 2020
Effective date:

Rule compliance date:
Agency release:

Related Reg Report item(s):

Rule proposed to determine general performance standards under new CRA rules

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