The 22 banks for which Community Reinvestment Act (CRA) evaluation ratings became public during September, October, and November included 11 rated “satisfactory,” nine rated “outstanding” and one rated “needs to improve,” a federal banking regulator […]
Crypto and digital assets, innovation in payments, climate change supervision, and changes to anti-redlining rules are among the items on the agenda for the Federal Reserve in the upcoming year, according to a member of […]
Guarding against complacency, addressing inequality, adapting to digitalization, and managing climate risk are the top priorities for the leader of the national bank regulator, which are reflected in the agency’s 2022 annual report issued Thursday. […]
Of the 48 banks receiving their Community Reinvestment Act (CRA) evaluations ratings in October, three were considered “outstanding” and one was rated “needs to improve,” the Federal Deposit Insurance Corp. (FDIC) reported Tuesday. The remaining […]
Definitions of “small bank” and “intermediate small bank” in 2023 for purposes of anti-redlining laws were announced Thursday by the regulator of national banks, tracking those set 10 days ago by the other two federal […]
Assets of less than $1.053 billion would define the size of a “small bank” under anti-redlining rules for 2023, and assets of at least $376 million would define an “intermediate small bank” under those rules, […]
Data provided under the anti-redlining Community Reinvestment Act (CRA) on small business, small farm, and community development lending in 2021 was released Thursday by the three federal banking regulators. The data show that a total of 685 […]
A total of 177 banks are scheduled to receive Community Reinvestment Act (CRA) evaluations by the Office of the Comptroller of the Currency (OCC) during the first and second quarters of 2023, according to the […]
Five of the 52 banks receiving their Community Reinvestment Act (CRA) ratings this September were found to be “outstanding” for their compliance with the anti-redlining statute, according to results released Friday by the Federal Deposit […]
The latest update for reporting anti-redlining lending data is now available, the umbrella group for federal financial institution regulators said Thursday. According to the Federal Financial Institutions Examination Council (FFIEC), version 2022 of the data […]
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