OCC and FDIC propose targeted CRA rule amendments
The OCC and FDIC jointly proposed targeted changes to Community Reinvestment Act rules to better align with the statutory mandate and reduce compliance burden.
The agencies proposed narrower CRA amendments focused on ensuring community development grants reach intended communities and reducing regulatory burden. The proposal signals a retreat from the more expansive 2023 CRA framework and will reshape CRA performance evaluation methodologies.
CRA ratings influence M&A approvals, branching, and reputational risk; rule changes directly affect compliance program design.
Action Required
Assess CRA program impacts and prepare comment response on revised community development grant and assessment criteria.
CRA is a foundational US retail banking compliance obligation with strategic implications.
Engage CRA officer to map proposal against current CRA strategy; evaluate community development grant portfolio and prepare comment letter.
“OCC and FDIC proposed targeted changes to CRA rules to better align with the statutory mandate, ensure community development grants reach intended communities, and reduce burden.”
Published: 2026-08-02