Dallas Fed Home Page
Volume 6, Issue 3, 2006   Federal Reserve Bank of Dallas

Keeping Up with CRA Regulation Changes

In August 2005, a joint ruling by the Federal Reserve Board of Governors, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency made several changes to the rules implementing the Community Reinvestment Act. Read more »

'New' Banker's Quick Reference Guide to CRA

The Community Development Office of the Dallas Fed has revised A Banker's Quick Reference Guide to CRA. The publication is a tool for quickly accessing information about CRA regulation and examination procedures. Read more »

Who Regulates a Certain Bank or Thrift?

Four federal agencies conduct CRA examinations and enforce CRA regulations. They are the Office of the Comptroller of the Currency, Federal Reserve Board of Governors, Federal Deposit Insurance Corp. and Office of Thrift Supervision. Read more »

News & Events

  • The public portion of the CRA examination can be obtained from the financial institution. All regulated financial institutions are required to have a copy accessible within a least one branch in every metropolitan area where the banks are located as well as in their corporate headquarters. They must also keep a record of their CRA goals and activities in the file.

    A financial institution's CRA rating and evaluation can also be found at the Federal Financial Institutions Examination Council's web site Off-site page. The site's search engines will enable you to find the latest CRA ratings of financial institutions supervised by the Office of the Comptroller of the Currency, Federal Reserve System, Federal Deposit Insurance Corp. and Office of Thrift Supervision.

    Here are some quick and helpful tips that can make your search easier.
    • Start your search by entering only the most significant part of the bank's name—for example, "Citizens."
    • Know the location (city and state) of the bank or thrift's headquarters or main office.
    • Know the financial institution's regulator (see separate story).
  • The amendments to Regulation DD (Truth in Savings) go into effect July 1, 2006. The amendments primarily concern advertising and disclosure requirements related to overdraft services, sometimes called "bounced-check protection" or "courtesy overdraft protection." Please refer to District Notice 05-34 PDF document for additional information concerning the amendments to Regulation DD or contact Diane van Gelder, Banking Supervision, at (214) 922-6282.

Back to Top

e-Perspectives Home | e-Perspectives Archives | Dallas Fed Home | Dallas Fed Community Development | Disclaimer/Privacy Policy