Regulatory Alerts2026-07-31
Added · Updated
Community Reinvestment Act: Interagency Notice of Proposed Rulemaking
The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation propose to amend their Community Reinvestment Act regulations by making substantive, technical, and process-oriented changes to refocus on encouraging banks to meet community credit needs, ensure community development grants reach intended beneficiaries, and reduce burden for community banks. The proposal also includes technical changes to rules implementing CRA sunshine requirements of the Federal Deposit Insurance Act and similar technical updates to the OCC's Public Welfare Investments and Corporate Activities rules. These amendments apply to insured depository institutions supervised by the OCC and FDIC, aiming to provide greater clarity on obtaining CRA consideration while retaining key elements of the current regulatory framework.