The CRA Final Rule was released today, October 24, 2023.
The Office of the Comptroller of the Currency (OCC), Board of Governors of the
Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) are
adopting final amendments to their regulations implementing the Community Reinvestment Act
of 1977 (CRA) to update how CRA activities qualify for consideration, where CRA activities are
considered, and how CRA activities are evaluated.
The agencies provided additional resources regarding the new rule: