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Fed Releases Proposal for CRA Reform, Seeks Comments

The Fed and the OCC have both issued proposals for reforming CRA regulations. How do they differ?
On the Economy

Journal Article
Federal Reserve Study Finds Evidence of Significant Impact of the Community Reinvestment Act

The Community Reinvestment Act (CRA) of 1977 incentivizes depository institutions to meet the credit needs of low- and moderate-income (LMI) people and neighborhoods. Federal regulators periodically examine CRA-regulated depository institutions? (banks, hereafter)1 performance in lending and financial services. Banks? CRA ratings are considered when regulators approve bank mergers, acquisitions, and branch openings
Cascade , Volume 2

The Federal Reserve Is Updating the Community Reinvestment Act. Here’s How You Can Help.

Whether you are a community-service organization member, an economic development professional or simply interested in helping communities in our region thrive, your comments and ideas are a critical part of ensuring an inclusive financial services industry.
Dallas Fed Communities

Speech
Community Banking and the Community Reinvestment Act; Community Banking in the 21st Century Research and Policy Conference, Federal Reserve Bank of St. Louis, St. Louis, MO: 10.03.18

As you look at the agenda, you?ll see that it is quite distinct from other conferences in mixing together researchers, practitioners, regulators, and policymakers. I am a big proponent of the thesis that examining issues from diverse perspectives and discussing those perspectives yields better policy and regulatory decisions. So I am very much looking forward to the conversations we will have over the next two days about the future of community banking. Today, I will focus the bulk of my remarks on the efforts being undertaken to modernize the Community Reinvestment Act. The views I?ll ...
Speech , Paper 100

COVID-19 and CRA: Fed Issues Guidance on Helping Communities Through the Crisis

To help support economic resiliency, we are providing Community Reinvestment Act (CRA) consideration for banking and lending activities in response to COVID-19.
Dallas Fed Communities

Connecting Communities During COVID-19: A Quick Guide to Broadband Solutions for Local Governments

Directives for social distancing and stay-at-home orders have made access to broadband an urgent necessity for families as they struggle to stay connected with schooling, jobs, health care, government assistance and more.
Dallas Fed Communities

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