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Blog

Tag: Community Reinvestment Act (CRA)

News

OCC, FDIC Announce Extension of CRA Reform Public Comment Period

On February 19, the Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) extended the public comment period for proposed…

February 25, 2020
News

Weigh in on the Future of the Community Reinvestment Act

The March 9 deadline is fast approaching for members of the public to submit comments to the Office of the Comptroller of the Currency (OCC) and…

February 10, 2020
News

Congress Holds Hearings on OCC-FDIC Community Reinvestment Act Reform Proposal

On January 29, Comptroller of the Currency Joseph Otting appeared before the House Financial Services Committee for a contentious hearing entitled “The Community Reinvestment Act:…

February 9, 2020
News

American Banker Highlights CDFI Concerns About CRA Reform

On January 23, American Banker published an article entitled “Far from cheering CRA reform, CDFIs are worried,” which highlights how community development financial institutions…

January 24, 2020
News

Helpful Resources on the New CRA Proposal

Last month, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) proposed sweeping reforms to the CRA regulations that could significantly…

January 9, 2020
News

Alternative Approach to CRA Modernization Articulated by Federal Reserve Board Governor

Yesterday, Federal Reserve Board Governor Lael Brainard gave a speech at the Urban Institute outlining a vision for reforming the Community Reinvestment Act (CRA)…

January 9, 2020
News

OFN Bank Partner Wins 2019 Community Impact Award

Woodforest National Bank® (Woodforest) recently received a 2019 Community Impact Award for its Woodforest Foundry℠ program from Wolters Kluwer’s Compliance Solutions business at its annual CRA & Fair Lending…

November 14, 2019
News

OCC Hosts Community Development Tours Highlighting Community Reinvestment Act

On August 19, OFN’s President and CEO Lisa Mensah and Vice President of Public Policy Dafina Williams participated in a community development tour in Washington, D.C., hosted by the Office…

September 20, 2019
News

CDFI Leaders’ Op-Ed Calls for CRA Reform To Tackle Rural Poverty

American Banker recently published an op-ed authored by CDFI leaders Bill Bynum (Hope Enterprise Corporation), Chrystel Cornelius (First Nations Oweesta Corporation), and…

April 22, 2019
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