Browsing: CRA

The FDIC’s proposal to remove the requirement that banks provide public notice of plans to open new branches short circuits a key means of holding banks…

Key insight: The OCC will factor “politicized or unlawful debanking” into bank licensing and Community Reinvestment Act reviews, potentially affecting bids for new branches, mergers, or…

Vitalii Vodolazskyi – stock.adob Banks are coming out in support of the Trump administration’s move to repeal Community Reinvestment Act regulations finalized in 2023, despite known…

Federal regulators have formally begun the process of nullifying their 2023 update to implementing regulations for the Community Reinvestment Act, a Civil Rights-era anti-redlining law that…

WASHINGTON — New Jersey lawmakers have introduced a bill in the state that would create a state-level Community Reinvestment Act, one that would apply to more…

OceanFirst Bank in New Jersey has earned the highest possible Community Reinvestment Act rating less than a year after settling federal charges related to alleged discriminatory…

New regulations implementing the Community Reinvestment Act are likely to run into trouble unless they take into account the priorities of the Trump administration and its…

Sen. John Kennedy, R-La., said his Congressional Review Act resolution to repeal a Biden-era merger rule by the Office of the Comptroller of the Currency would…

Rep. Andy Barr, R-Ky. Bloomberg News WASHINGTON — Rep. Andy Barr, R-Ky., is introducing a resolution Thursday morning that would nullify the Office of the Comptroller…

Federal regulators’ move to rescind recently revisited Community Reinvestment Act rules marks a setback for community lenders and dims prospects for a durable overhaul to the…