Intent to Rescind Community Reinvestment Act (CRA)

On March 28, 2025, the FDIC, Federal Reserve Board and the OCC issued a joint press release to announce their intent to issue a proposal to rescind the Community Reinvestment Act (CRA) final rule issued in October 2023 and reinstate the CRA Framework that existed prior to the October 2023 final rule. The goal of the agencies is to promote consistency in the approach on the implementation of the CRA.

TCA – A Better Way!