OCC CRA Modernization Final Rule Summary
Updated 12/14/2021
On December 14, 2021, the Office of the Comptroller of the Currency (OCC) issued a final rule to rescind the June 2020 Community Reinvestment Act (CRA) rule and replace it with a rule based on the rules adopted jointly by the federal banking agencies. This summary has been rescinded as of 12/14/21.
On October 24, 2023, the joint CRA final rule was issued and can be found here:
https://www.fdic.gov/news/press-releases/2023/pr23086.html
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