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Community Reinvestment Act Regulations

banking-occ · OCC · Rule · Published 2020-06-05 · Effective 2020-10-01 · 85 FR 34734

Document

Document number
2020-11220
Federal Register citation
85 FR 34734
CFR reference
12 CFR 25
Type
Rule
Action
Final rule; temporary final rule.
Category
banking-occ
Sub-agency
OCC
Publication date
2020-06-05
Effective date
2020-10-01
Treasury docket
Docket ID OCC-2018-0008

Abstract

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.

Source

Authoritative
Federal Register document
Machine
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