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In Depth: A Look at Federal Banking Agencies' Proposal to Update Community Reinvestment Act Rules | Cadwalader, Wickersham & Taft LLP

As we mentioned briefly in our newsletter last week, the Federal Deposit Insurance Corporation (“FDIC”), the Federal Reserve Board (“FRB”)  and the Office of the Comptroller of the...
Community Reinvestment Act Deposit Insurance Corporation Wickersham Taft Federal Reserve Community Development Services Community Development Activities

City of Idaho Falls hires new Economic Development Administrator

The following is a news release and photo from the city of Idaho Falls. The city of Idaho Falls has hired eastern Idaho native Christian Ashcraft as the new Economic Development Administrator. Ashcraft was selected to fill the vacancy created when former Administrator Dana Briggs left to take a position in the private sector. “Christian […]
City Of Orem United States City Of Idaho Falls Idaho Falls City Of Ammon Dana Briggs

Community Reinvestment Act Revisions Proposed by US Banking Regulators | Perspectives & Events

On May 5, 2022, the US banking regulators proposed revisions to the regulations implementing the Community Reinvestment Act. The proposal is a comprehensive interagency effort that would change both the process and substantive tests that the regulators use to assess the record of each bank in fulfil...
Community Reinvestment Community Reinvestment Act Deposit Insurance Corporation Community Development Financing Test Community Development Services Test Bank Merger

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Federal Banking Agencies Issue Interagency Proposal to Update Community Reinvestment Act Rules | Cadwalader, Wickersham & Taft LLP

On May 5, the Federal Deposit Insurance Corporation (“FDIC”), the Federal Reserve Board (“FRB”) and the Office of the Comptroller of the Currency (“OCC”) (together, the “Agencies”)...
Martin Gruenberg Community Reinvestment Act Deposit Insurance Corporation Wickersham Taft Federal Reserve Community Development Services

Proposed CRA to Change Agencies Evaluation of Bank Performance

Office of Comptroller of the Currency, the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation issued a joint notice of proposed rulemaking that proposes changes agencies evaluate a bank’s performance under the Community Reinvestment Act
Community Reinvestment Act Deposit Insurance Corporation Community Development Financing Test Retail Services Community Development Services Test Office Of The Comptroller

Federal Banking Agencies Issue Interagency Proposal To Update Community Reinvestment Act Rules - Financial Services

On May 5, the Federal Deposit Insurance Corporation ("FDIC"), the Federal Reserve Board ("FRB") and the Office of the Comptroller of the Currency ("OCC") (together, the "Agencies")
Martin Gruenberg Community Reinvestment Deposit Insurance Corporation Federal Reserve Community Development Services Community Development Activities
Source: mondaq.com

Banking Regulators Publish Proposed Rule to Update Community Reinvestment Act Regulations | Bradley Arant Boult Cummings LLP

On May 5, 2022, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively the...
Community Reinvestment Act Deposit Insurance Corporation Bradley Arant Boult Cummings Community Development Financing Test Retail Services Community Development Services Test

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