On February 2, the OCC released its CRA performance evaluations that became public during the month of January. The OCC evaluated 20 entities, including national banks, federal savings associations, and insured federal...more
On November 8, 2017, the OCC issued guidance on the impact of less-than-satisfactory Community Reinvestment Act (CRA) ratings on subsequent licensing applications by financial institutions subject to the CRA. This new...more
On October 12, 2017, the OCC issued OCC Bulletin 2017-40 announcing the release of its Policies and Procedures Manual 5000-43 (PPM 5000-43), which outlines the OCC’s policy and framework for how the agency determines...more