Office of the Comptroller of the Currency June 5, 2020 – Federal Register Recent Federal Regulation Documents

Community Reinvestment Act Regulations
Document Number: 2020-11220
Type: Rule
Date: 2020-06-05
Agency: Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury
The Office of the Comptroller of the Currency (OCC) is adopting a final rule to strengthen and modernize the Community Reinvestment Act (CRA) by clarifying and expanding the activities that qualify for CRA credit; updating where activities count for CRA credit; creating a more consistent and objective method for evaluating CRA performance; and providing for more timely and transparent CRA-related data collection, recordkeeping, and reporting.
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