OCC issues final CRA rule (but FDIC takes a pass)
CFPB Monitor
MAY 22, 2020
The OCC has issued a final rule revising its regulation implementing the Community Reinvestment Act (CRA). Although the OCC’s proposed revisions were issued jointly with the FDIC, the FDIC did not join in the final rule. The final rule applies to national banks and federal savings associations.
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