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Proposed Rule2022-101112022-06-03

Community Reinvestment Act

Treasury Department, Comptroller of the Currency, Federal Reserve System, Federal Deposit Insurance Corporation

Abstract

The Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) propose to amend their regulations implementing the Community Reinvestment Act of 1977 (CRA) to update how CRA activities qualify for consideration, where CRA activities are considered, and how CRA activities are evaluated.

Action & Dates

Action
Joint notice of proposed rulemaking; request for comment.
Dates
Comments must be received on or before August 5, 2022.

CFR References

Topics

Banks, bankingCommunity developmentCreditInvestmentsReporting and recordkeeping requirementsSavings associations

Public Comment

Comments Close
2022-08-05

Corrections

This document has been corrected by:

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of the Treasury Office of the Comptroller of the Currency 12 CFR Part 25 [Docket ID OCC-2022-0002] RIN 1557-AF15 Federal Reserve System 12 CFR Part 228 [Regulation BB; Docket No. R-1769] RIN 7100-AG29 Federal Deposit Insurance Corporation 12 CFR Part 345 RIN 3064-AF81 AGENCY: Board of Governors of the Federal Reserve System; Federal Deposit Insurance Corporation; and Office of the Comptroller of the Currency, Treasury ACTION: Joint notice of proposed rulemaking; request for comment. SUMMARY: The Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) propose to amend their regulations implementing the Community Reinvestment Act of 1977 (CRA) to update how CRA activities qualify for consideration, where CRA activities are considered, and how CRA activities are evaluated. DATES: Comments must be received on or before August 5, 2022. ADDRESSES: Comments should be directed to: OCC: Commenters are encouraged to submit comments through the Federal eRulemaking Portal. Please use the title “Community Reinvestment Act” to facilitate the organization and distribution of the comments. You may submit comments by any of the following methods: Federal eRulemaking Portal—Regulations.gov: Go to https://regulations.gov/​ . Enter “Docket ID OCC-2022-0002” in the Search Box and click “Search.” Public comments can be submitted via

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Related Documents

Other Federal Register documents from the same docket.

Full Document

Citation: 87 FR 33884