Interagency Listening Sessions on the Community Reinvestment Act
The Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), and the Federal Reserve Bank of Boston (FRBB) co-sponsored two virtual Community Reinvestment Act (CRA) listening sessions for relevant parties on May 13-14, 2025, in Springfield, MA, and Portland, ME.
The purpose of these sessions was to assess local community development and credit needs and identify projects that financial institutions could support through their lending, investment, and service activities as part of their community reinvestment plan. The information gathered in these sessions has been shared with supervision staff in the three regulatory agencies as context for assessing banks’ performance. Session participants included staff and officers of the sponsoring government agencies, community-based organizations, and other community development partners.
This was an invitation-only event.
Site Topics
Related Content
The Effect of the Community Reinvestment Act on Consumers' Contact with Formal Credit Markets
Using Credit Reporting Agency Data to Assess the Link between the Community Reinvestment Act and Consumer Credit Outcomes
Community Development Banking Opportunities in the 21st Century: A Senior Bank Leadership Interagency Convening
What Do the Neighbors Think? Assessing the Community Impact of Neighborhood Stabilization Efforts