The new Community Reinvestment Act regulations from the OCC have been released! We’ve spoken previously about the key deadlines for compliance and how your financial brand can be the spark for engagement in your community. Our analysis continues by identifying a key asset in helping your bank meet its CRA requirements: community partners. These nonprofits
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Deadlines for complying with the new OCC CRA regulations are coming. The Office of Comptroller of the Currency (OCC) has released its final rule and its sister agencies are expected to follow suit soon. Now is the time to prepare your financial brand for the new regulations if you fall under OCC regulation. From assessment
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The OCC has released its final rule and it has significant updates the Community Reinvestment Act’s framework. Learn the changes, and how you can prepare, here.
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Did you catch the news about the proposed changes to the Community Reinvestment Act? While the bill still has a long way to go, there are clear signals about the changes coming for financial institutions. One of the most significant changes includes how banks are evaluated on the service test. Making preparations now for when
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