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Comments due: OCC (proposed rule; Community Reinvestment Act regulations)

February 2

The Office of the Comptroller of the Currency is issuing a notice of proposed rulemaking to request comment on its 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 under the 2020 final CRA rule. 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. Clarifying and technical amendments are also proposed.

RR: Community Reinvestment Act Regulations

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Date:
February 2
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