The OCC issued a proposed rule on Community Reinvestment Act general performance standards with a 60-day comment period.
OCC issues proposal on CRA general performance standards
November 25, 2020 / By ICBA
The OCC issued a proposed rule on Community Reinvestment Act general performance standards with a 60-day comment period.
The OCC issued a proposed rule on Community Reinvestment Act general performance standards with a 60-day comment period. The proposal provides the OCC’s proposed approach to determining CRA evaluation measure benchmarks, retail lending distribution test thresholds, and community development minimums under the general performance standards in its CRA final rule issued in June.
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