Exams for compliance with rules implementing anti-redlining laws will be conducted in at least 70 national banks and federal savings and loan institutions during the last quarter of this year and the first quarter of […]
Up to 370 banks will be examined for compliance with rules implementing anti-redlining laws in the fourth quarter of this year, and the first quarter of the next year, the federal insurer of bank deposits […]
A flat file containing demographic median family income data for use in complying with anti-redlining laws was released Friday by the umbrella agency for federal financial institution regulators. The file, released by the Federal Financial […]
A proposal to update anti-redlining laws falls short in covering the costs of implementation by banks and does not explain how the benefits exceed the costs, a member of the Federal Reserve Board said Saturday. […]
Friday is the deadline for commenting on federal banking regulators’ proposal to modernize and streamline proposed changes to rules implementing anti-redlining laws; to date, nearly 200 comments have been filed. The proposal was issued in […]
Nine banks earned ratings in May and July of “outstanding” for their compliance with rules implementing anti-redlining laws, the regulator of national banks and the federal insurer of bank deposits said Wednesday. The Office of […]
Calling the proposal to revamp rules implementing anti-redlining laws a “once-in-a-generation opportunity” to strengthen the rules, the vice chair of the Federal Reserve said Tuesday the changes would lead to “powerful incentives” for banks to […]
Of the 18 banks whose Community Reinvestment Act (CRA) evaluation ratings became public in June, five of them received ratings of “outstanding,” with the rest given ratings of “satisfactory,” the national bank regulator said Friday. […]
Four banks earned “outstanding” ratings for compliance with anti-redlining regulations in April, but one bank earned a “needs improvement” score, the federal bank deposit insurance agency said Friday. The Federal Deposit Insurance Corp. (FDIC) also […]
This year’s list of distressed or underserved, middle-income geographic areas that are eligible to receive Community Reinvestment Act (CRA) consideration was released Friday by the federal banking agencies. More specifically, the list represents distressed or […]
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