Under the Community Reinvestment Act banks are required to demonstrate they are meeting the credit needs of the communities they serve. Typically, banks are examined under one of three different exam ...
On December 17, the Office of the Comptroller of the Currency (OCC) proposed new guidance that would significantly streamline how community banks elect to be evaluated under the Community Reinvestment ...
Bank regulators, with assistance from Congress, have kept nonbank behemoths from entering the gates of the banking kingdom for decades. But that rapidly changed in 2020. While a few state regulators ...