Agency sets CRA evaluation of more than 180 banks in second half of year

More than 180 national banks and savings associations will be examined for compliance with anti-redlining rules in the second half of the year, their federal regulator said Wednesday.

The Office of the Comptroller of the Currency (OCC) said the 183 banks and savings associations to be examined under rules implementing the Community Reinvestment Act (CRA) were distributed in states across the country, but several states stood out. Those included Texas (with 26 banks being examined), Kansas (13), New York (12), and Minnesota and Ohio (10 each).

The agency said, in a release, that it encourages public comment on the institutions scheduled to be evaluated under the CRA.

OCC Issues Third and Fourth Quarter 2022 CRA Evaluation Schedule