Regulatory AlertsGuidance on the Usage of 2010 Census Data in Community Reinvestment Act Examinations
The Federal Reserve Board issued this guidance to instruct examiners on integrating 2010 Census data into Community Reinvestment Act examinations. The document mandates that data from January 1, 2012, forward must be analyzed using 2010 census information, while prior performance relies on 2000 census data. Examiners are required to review assessment area designations for accuracy against new tract delineations and update branch distribution analyses using current median family income levels.
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