[20210629]IF11865_货币监理署执行《社区再投资法》.pdf

https:/crsreports.congress.gov June 29, 2021Implementation of the Community Reinvestment Act by the Office of the Comptroller of the CurrencyIntroduction The Community Reinvestment Act (CRA; P.L. 95-128) addresses how banking institutions meet the credit needs of the areas they serve, particularly in low- and moderate-income (LMI) neighborhoods. The federal banking regulatory agenciesthe Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC)currently implement the CRA. The regulators issue CRA credits, or points, to banks participating in qualifying activities (e.g., mortgage, consumer, and business lending; community investments; and low-cost services that would benefit LMI areas and entities) that occur within their designated assessment areas, locations where they collect deposits. These credits are then used to issue a composite rating of a banks performance. The CRA requires these ratings to be taken into account when banks apply for branches, mergers, and acquisitions, among other things. While federal bank regulators typically engage in joint CRA rulemaking, the OCC on June 5, 2020, published a final rule u