The new CRA: Understanding the final rule and its impact on large, intermediate, and small banks # 2
This is our second blog post on the final rule issued on October 24, 2023 by the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the ...
Michael Barr, vice chair for supervision at the Federal Reserve, said Friday that he believes the final Community Reinvestment Act rule makes important changes to the law's implementation and will ...
Final rule for CRA modernization promises more flexibility, 2-year implementation, and a nod to digital banking. The Federal Reserve Board approved a draft final rule Tuesday containing proposed ...
The Illinois Department of Financial and Professional Regulation (“IDFPR”) has issued a notice of proposed rules to implement the newly passed Illinois Community Reinvestment Act (“ILCRA”), aimed at ...
For the second time this year, the Federal Deposit Insurance Corporation is proposing to relax the obligations of a large number of financial institutions under the Community Reinvestment Act (CRA) of ...
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