OCC issues CRA fact sheets ahead of comment deadline

July 29, 2022

The OCC released a series of fact sheets on the banking agencies’ proposed updates to Community Reinvestment Act regulations ahead of the Aug. 5 comment deadline. The fact sheets detail the proposal’s provisions affecting banks of various designations.

ICBA Summary: ICBA offers a summary of the plan’s proposed updates to asset thresholds, assessment area rules, and more to help community bankers submit personalized comments by next Friday’s deadline. View the summary.