Group issues ‘ad-hoc’ release of more materials for complying with CRA rules

An ad-hoc release of further materials for complying with anti-redlining rules was issued Thursday by the umbrella group for federal financial regulators, the group announced.

According to the Federal Financial Institutions Examination Council (FFIEC), the release includes the metropolitan statistical area (MSA) median family income, tract income, income percentage, and income level indicator using the 2016-2020 ACS 5-Year Estimates. The data is for use in complying with Community Reinvestment Act (CRA) rules by banks.

The FFIEC said the release, which was posted to its website, may be combined with the FFIEC’s March 30 release for further analysis until an updated flat file is released later this year.

FFIEC Income Indicators Data Release (April 21)

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