The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation proposed changes to their Community Reinvestment Act rules that would increase the focus on lending, direct community development grants and donations toward their intended communities, and reduce compliance burdens. The proposal would narrow the retail banking services considered in evaluations to credit services, excluding deposit services. Banks with USD 10 billion or less in assets would be exempt from data collection, maintenance and reporting requirements and receive more flexible supervision. The changes would also seek to make evaluations clearer, more transparent and more objective for banks of all sizes while retaining key elements of the framework generally applied since 1995. The agencies’ 2023 final rules were enjoined before taking effect. Comments are due 60 days after the proposal is published in the Federal Register.
Office of the Comptroller of the Currency2026-07-31
US Office of the Comptroller of the Currency and Federal Deposit Insurance Corporation propose targeted Community Reinvestment Act rule changes
The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation proposed Community Reinvestment Act changes focused on lending, targeted community development funding and reduced bank burden. Banks with USD 10 billion or less in assets would be exempt from data-related requirements, while deposit services would be excluded from retail banking service evaluations.