2024, Compliance, FDIC and Regional - Community Banking Brief

The OCC’s final CRA rule: what changed from the agency’s proposed rule?

CFPB Monitor

JUNE 15, 2020

The OCC acted alone in issuing the final CRA rule without waiting to achieve consensus with the FDIC, the agency with which the OCC had jointly issued the proposed rule. Under the agency’s final rule, the same facts and circumstances will be evaluated in a similar manner regardless of the particular region or particular examiner.

Community

Community FDIC Lending Examples

The OCC’s CRA final rule: changes and highlights

CFPB Monitor

JUNE 25, 2020

The final rule is effective October 1, 2020 but sets mandatory compliance dates based on the applicable performance standards. Small and intermediate banks must comply with the rule by January 1, 2024. Until compliance with the final rule, national banks and federal savings banks must comply with the OCC’s current rule.

Community

Community Lending Meeting Retail

Community Banking Brief

The OCC’s final CRA rule: what changed from the agency’s proposed rule?

The OCC’s CRA final rule: changes and highlights

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