CRA

Calls to cease non-coronavirus rulemaking grow louder

03/31/20

The ICBA chief’s plea for a six-month halt to regulations not related to the pandemic followed similar calls by community groups and a key Senate Democrat.

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Regulators issue more guidance on banks' pandemic response

03/19/20

The agencies said banks could receive Community Reinvestment Act credit for activities addressing the virus fallout, and clarified earlier guidance encouraging banks to dip into their capital buffers.

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Will OCC plan silence some critics of bank M&A?

03/19/20

Groups often will oppose mergers on Community Reinvestment Act grounds. But the proposal would tighten standards for when the agency includes “adverse comments” in the process.

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Square gets OK for bank; Banks seek regulatory relief

03/19/20

Utah bank is expected to launch next year; banks want to hold off regulations that would hamper efforts to keep money flowing during virus crisis.

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Community banks seek broader exemption from CRA changes

03/12/20

The OCC and FDIC’s proposal for modernizing the community reinvestment law would give banks below $500 million of assets the option to keep the current regime. But bankers and industry representatives say that threshold should be higher.

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Agencies cancel community reinvestment conference due to coronavirus

03/05/20

The banking regulators have announced that they are postponing next week’s National Interagency Community Reinvestment Conference because of growing health concerns about the virus outbreak.

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OCC's Otting takes another swipe at Fed over CRA reform

02/27/20

Comptroller of the Currency Joseph Otting suggested the central bank was adopting a “partisan” stance against his plan to overhaul the Community Reinvestment Act.

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A banker’s guide to Super Tuesday

02/26/20

While the Democratic debates have had little discussion about financial policy, the remaining presidential contenders have taken noteworthy positions on regulatory relief, antitrust rules and bankruptcy reform, among other issues. Here’s a rundown.

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CRA reforms would bolster CDFI-bank relationships

02/25/20

Giving more Community Reinvestment Act credit to such partnerships will help low-income communities, despite industry concerns.

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Intuit eyes Credit Karma; JPMorgan Chase plans U.K. digital bank

02/24/20

The deal, which could be announced Monday, would push the TurboTax maker into consumer finance; the bank would follow U.S. rival Goldman Sachs into the British market.

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