Community Reinvestment Act Requirements for Banks | Practical Law

Community Reinvestment Act Requirements for Banks | Practical Law

This Note provides an overview of the requirements, examinations, and ratings of banks under the Community Reinvestment Act (CRA). The CRA subjects banks to periodic evaluations to ensure they are helping to meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.

Community Reinvestment Act Requirements for Banks

Practical Law Practice Note 6-570-0164 (Approx. 16 pages)

Community Reinvestment Act Requirements for Banks

by Practical Law Finance
MaintainedUSA (National/Federal)
This Note provides an overview of the requirements, examinations, and ratings of banks under the Community Reinvestment Act (CRA). The CRA subjects banks to periodic evaluations to ensure they are helping to meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.