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Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency
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Interagency Statement on Community Reinvestment Act
Joint Agency Action |
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WASHINGTON -- The Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) are committed to working together to jointly strengthen and modernize regulations implementing the Community Reinvestment Act (CRA).
The agencies have broad authority and responsibility for implementing the CRA. Joint agency action will best achieve a consistent, modernized framework across all banks to help meet the credit needs of the communities in which they do business, including low- and moderate-income neighborhoods.
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Media Contacts:
| Federal Reserve |
Susan Stawick |
(202) 452-2955
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| FDIC |
Julianne Breitbeil |
(202) 340-2043
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| OCC |
Bryan Hubbard |
(202) 649-6870
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FDIC: PR-67-2021
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