Armed Forces Bank – a full-service military bank committed to serving those who serve since 1907 – received an overall rating of "Outstanding," the highest possible rating, on its most recent ...

A summary of recent changes to the rules implementing the Community Reinvestment Act of 1977 (CRA) by the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal ...

NORTHAMPTON, MA / ACCESSWIRE / November 3, 2022 / CyberGrants When it comes to tracking activities for Community Reinvestment Act (CRA) compliance, many financial institutions rely on paper ...

Rules mark first major update of the 1977 Community Redevelopment Act in nearly 30 years in an effort to ensure fair lending in lower-income areas Last Updated: Oct. 24, 2023 at 3:46 p.m. ET First ...

The Community Reinvestment Act is also tied up in other big news that’s been brewing: the announced (but not yet consummated) merger of consumer credit banking giants Capital One and Discover. Capital ...

WASHINGTON — Dissenting members of the Federal Reserve and Federal Deposit Insurance Corp. gave voice to a number of potential legal challenges to a newly-finalized revamp of the Community ...

Three federal banking regulators announced their intent to issue a proposal that would rescind the Community Reinvestment Act (CRA) final rule issued in October 2023.. Friday’s announcement ...

The Community Reinvestment Act (the “CRA”) was originally passed by Congress in 1977 and its purpose is to ensure that banks receiving deposits from a community are also serving that community’s ...

Auto lending may soon be included as part of the Community Reinvestment Act, a federal law enacted to encourage banks and savings associations to lend to low- and moderate-income households, under ...

A national coalition of community groups is urging federal regulators to lower KeyBank's Community Reinvestment Act rating, reiterating its criticism of the bank's lending track record and ...