The OCC and FDIC proposed amendments to the Community Reinvestment Act rules to reduce burden and clarify compliance.
What changed
Changes proposed include exemptions for banks with $10 billion or less in assets.
Compliance perspective
Comments are due within 60 days after Federal Register publication.
Need help keeping up with these changes?
Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.