OCC Outlines CRA Policy in New Manual

Oct 16, 2017
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The Office of the Comptroller of the Currency released a manual setting its policy and framework for determining the effect of evidence of discriminatory or other illegal credit practices on Community Reinvestment Act ratings. Policies and Procedures Manual 5000-43 applies to the CRA performance evaluation of all banks examined by the OCC, outlines the OCC’s policy, and provides guidance to examiners.