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Action required Illinois Department of Financial and Professional Regulation IL Jul 25, 2026

Illinois Bank Community Reinvestment Rule Amendment

Illinois amended 38 Ill. Adm.

Illinois amended 38 Ill. Adm. Code Part 345 on Bank Community Reinvestment effective June 29, 2026. The rule change was just before the requested date window, but it remained newly effective during that period.

What changed

Illinois put amendments to Part 345 into effect for bank community reinvestment requirements.

Compliance perspective

State-chartered institutions should confirm whether internal CRA-related policies, reporting, and assessment procedures need updates under the amended Part 345 text. The effective date means exam and policy teams should already be working from the revised version.

Key date

Effective date: June 29, 2026.

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