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OCC issues CRA fact sheets ahead of comment deadline


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.

July 29, 2022 / By ICBA

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.

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