CRA Modernization
Federal Reserve Board issues Advance Notice of Proposed Rulemaking on an approach to modernize regulations that implement the Community Reinvestment Act (Released September 21, 2020)
The Federal Reserve Board issued an Advance Notice of Proposed Rulemaking (ANPR) that invites public comment on an approach to modernize the regulations that implement the Community Reinvestment Act (CRA) by strengthening, clarifying, and tailoring them to reflect the current banking landscape and better meet the core purpose of the CRA. The ANPR seeks feedback on ways to evaluate how banks meet the needs of low- and moderate-income (LMI) communities and address inequities in credit access. (Includes links to Federal Register Notice and for submitting comments on or before February 16, 2021.)
Modernizing the CRA: An Overview of the Federal Reserve Board's ANPR (Released September 24, 2020)
Learn more about the Federal Reserve Board's recently announced Advance Notice of Proposed Rulemaking (ANPR) for the Community Reinvestment Act (CRA). The CRA is a seminal piece of legislation enacted to address inequities in access to credit as part of a reinforcing set of laws to expand financial inclusion and combat redlining. The CRA insures that federally insured banks and institutions meet the credit needs of the communities in which they are chartered and remains as important as ever in today's circumstances.
Response to COVID-19
Joint Statement on CRA Consideration for Activities in Response to COVID-19 (Released March 19, 2020)
Interagency guidance on working with customers and community development activities.
Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus (Released March 22, 2020)
Additional information on working with customers, accounting for loan modifications, past due reporting, nonaccrual status and charge-offs and discount window eligibility.
Interagency Lending Principles for Offering Responsible Small-Dollar Loans
(Released May 2020)
The agencies are issuing these principles to encourage supervised banks, savings associations, and credit unions to offer responsible small-dollar loans to customers for both consumer and small business purposes. The agencies recognize the important role that responsibly offered small-dollar loans can play in helping customers meet their ongoing needs for credit due to temporary cash-flow imbalances, unexpected expenses, or income shortfalls, including during periods of economic stress, national emergencies, or disaster recoveries. Well-designed small-dollar lending programs can result in successful repayment outcomes that facilitate a customer’s ability to demonstrate positive credit behavior and transition into additional financial products. The agencies offer these principles due to the evolving conditions and products in the small-dollar loan markets over the last several years.
Interagency Community Reinvestment Act (CRA) Consideration for Activities in Response to the Coronavirus Frequently Asked Questions (FAQs) (Released May 27, 2020)
Frequently asked questions regarding interagency guidance on working with customers and community development activities in response to the Coronavirus.
The resources below are a result of responses from CRA officers across the Tenth District and the 2015 Community Development Survey of CRA and Compliance Officers. The materials are public resources from federal agencies, the FDIC, OCC, FFIEC and Federal Reserve. Questions regarding the tools and their applications should be directed to your primary regulator.
Hear from CRA officers using CRA OneSource.
What is the Community Reinvestment Act?
This Federal Reserve video explains the CRA’s provisions and how regulators evaluate a bank’s CRA performance in practical, understandable terms.
Interagency Workshops
Interagency-sponsored workshops are designed for CRA officers at banks that are interested in obtaining current information and training on the CRA regulation, exam preparation and developing bank CRA compliance strategies.
Workshop topics include:
Engaging Workforce Development: A Framework for Meeting CRA Obligations
This guide from the Federal Reserve Bank of Dallas and Kansas City provides banks, and those organizations interested in partnering with them, information on how the Community Reinvestment Act can be leveraged to support workforce development goals.
Banks Community Reinvestment Act (CRA) Opportunities For Promoting Job Creation, Workforce Development, and Place-Based Investments
New guide developed by the Federal Reserve Bank of Philadelphia for Workforce and CRA. View PDF.Closing the Digital Divide: A Framework for Meeting CRA Obligations
Closing the Digital Divide: A Framework for Meeting CRA Obligations developed by the Federal Reserve Bank of Dallas. View PDF.
Affordable Mortgage Lending Guide
Affordable Mortgage Lending Guide and the Affordable Mortgage Lending Center developed by the FDIC. View the website.
Community Development Investments Resource Guide (CDIRG)
CDIRG assists financial institutions with meeting their community development investment needs under the Community Reinvestment Act. View our PDF resource guide or the searchable database.
Community Development Data Guidebook: For CRA Bankers, Community Development Practitioners and Everyone in Between
Learn how to develop your performance context for your bank.
FDIC Strategies for Community Banks to Develop Partnerships with Community Development Financial Institutions (CDFIs)
This guide helps community banks identify and evaluate partnership opportunities with CDFIs.Healthy Communities: A Framework for Meeting CRA Obligations
This guide helps financial institutions looking for CRA consideration in the healthy communities space.
Consumer Compliance Outlook
Publication focuses on consumer compliance issues.A Banker’s Quick Reference Guide to CRA
This guide from the Federal Reserve Bank of Dallas details CRA regulation and examination procedures.
Interagency Questions and Answers (Q&As) Regarding Community Reinvestment
A quick overview of the Q&A updates (effective January 6, 2009).
CRA Loan Data Collection Grid
A quick guide for identifying CRA loan data reporting categories.Investment Connection
Find lending, investment and service opportunities in the Tenth Federal Reserve District using Investment Connection.Map Your Community
Use our mapping tool to create custom maps of Tenth District communities, counties and states using key economic and demographic indicators.FFIEC Geocoding System
The FFIEC Geocoding/Mapping System helps financial institutions meet legal requirements to report information on mortgage, business and farm loan applications.FFIEC Distressed and Underserved Tracts
View an up-to-date listing of Distressed and Underserved Tracts.National Center for Education Statistics
Get information about free and reduced lunches. For additional details, read the FFIEC's Q&As.
CRA Worksheet
Use the community development qualification worksheet to sort your loans, investments and services.
Community Development Lending, Investment and Service Spreadsheet
Use this worksheet for all your community development loans, investments and services.
Community Development at the Kansas City Fed
Learn more about our array of community development programs, community development investments, workforce development and small business resources.FedCommunities.org
This Federal Reserve community development resource promotes people, places, practices and resources from across the country.Federal Reserve Community Development Resources
Find community development resources from each Federal Reserve District and the Board of Governors.
What is the Community Reinvestment Act?
This Federal Reserve video explains the CRA’s provisions and how regulators evaluate a bank’s CRA performance in practical, understandable terms.
CRA Community Development Defined
This Federal Reserve System video explains Community Development in practical terms.
Leading Practices for Effective CRA Programs
This Federal Reserve System video explains the Leading Practices for Effective CRA Programs in practical terms.
Small Bank and Intermediate Small Bank CRA Examination Video
This Federal Reserve System video explains the Small Bank and Intermediate Small Bank (ISB) CRA Examination in practical and understandable terms.
CRA OneSource Impressions
Hear from CRA officers using CRA OneSource.
CRA Community Development: Examiner Highlights
What qualifies for community development? Watch this Outlook Live webinar to find out.
Workforce Development and the CRA explored in national audioconference
A webinar for workforce development professionals with an overview of the CRA and the steps workforce leaders can take to engage banks.
A Conversation with Maria Contreras-Sweet, SBA Administrator
Learn about some of the new resources the SBA has available to assist lenders and the small businesses you serve.
Understanding the CRA and How it Might Benefit Your Organization Webinar
Webinar provides an overview of the CRA, reviews technical requirements of the regulation, and discusses ways the CRA can be used to support community and economic development programs.
Intermediate Small Bank CRA Examination Webinar
The Kansas City Fed, OCC and FDIC conducted a webinar for existing and soon to be Intermediate Small Bank (ISB) CRA officers.
Small Business Lenders Summit
Learn how lending enhancements can help you with your small business lending.
Community Development at the Kansas City Fed
Learn more about our array of community development programs, community development investments, workforce development and small business resources.Federal Deposit Insurance Corporation (FDIC)
Learn more about the FDIC's Community Affairs programs.
Federal Financial Institutions Examination Council (FFIEC)
Get CRA information including Distressed and Underserved Tracts and the Interagency Q&As.
Office of the Comptroller of the Currency (OCC)
The OCC's Community Affairs section features upcoming CRA programs and resources.
Federal Reserve Community Development Resources
Find community development resources from each Federal Reserve District and the Board of Governors.
FedCommunities.org
This Federal Reserve community development resource promotes people, places, practices and resources from across the country.OCC CRA Handbooks, Procedures and Guidance
Find OCC handbooks, examination schedule and other CRA related news.
OCC Fact Sheets
View fact sheets on various community development topics.
American Bankers Association (ABA)
Learn more about the ABA's resources and tools for bankers.
Independent Community Bankers of America (ICBA)
The ICBA offers several programs and resources for bankers.
To submit questions or suggestions for additional resources, contact Ariel Cisneros at Ariel.Cisneros@kc.frb.org.
