Community Reinvestment Act Reform: A Discussion on the Final Rule

On October 24, 2023, the OCC, FDIC and Board of Governors of the Federal Reserve System jointly adopted final amendments to their regulations implementing the Community Reinvestment Act of 1977 (CRA) to update how CRA activities qualify for consideration, where CRA activities are considered, and how CRA activities are evaluated.

In this webinar, we will explore how the final rule impacts financial institutions of all sizes, the timing for implementation of the final rule, how the final rule differs from the June 3, 2022 Notice of Proposed Rulemaking and how the final rule will be viewed by financial institutions and community action groups.

We will be joined by guest speaker Kenneth H. Thomas, Ph.D., Founder/CEO of Community Development Fund Advisors.