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Community Reinvestment Act Modernization

Issue

Community Reinvestment Act Modernization

Reflecting Changes in Technology, Consumer Preferences and the Business of Banking

ABA Position

ABA strongly supports modernizing CRA and has urged regulators to: align CRA resources with actual community needs; reflect changes in technology, consumer preferences and the business of banking; increase certainty and transparency regarding regulatory interpretations and standards; improve the supervisory process; and apply CRA-like requirements to other financial firms, including credit unions.

Policy Library
News

Policy Library

Amicus Brief
ABA's Response Brief in Community Reinvestment Act Appeal
September 18, 2024
Comment Letter
Letter to the OCC, Fed and FDIC on the CRA Supplemental Rule
May 13, 2024
Staff Analysis
Frequently Asked Questions on Preliminary Injunction in the Community Reinvestment Act (CRA) Litigation
April 18, 2024
Amicus Brief
Memorandum Opinion and Order
March 29, 2024

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News

NewsByte
CDFI, MDI leaders join Mission Driven Bank Fund advisory committee
November 15, 2024
NewsByte
New appointments made to CDFI Fund advisory board
September 09, 2024
NewsByte
CDFI Fund revises guidance, adjusts early reapplication deadline
September 06, 2024
NewsByte
CDFI Fund seeks comment on proposed reporting changes
August 22, 2024

ABA Resources

Guide
Community Reinvestment Act Proposed Regulations: Comment Letter Writing Guide
July 25, 2022
Guide
CRA Modernization: Comment Letter Writing Guide
February 7, 2020

Industry Resources

The Outstanding CRA Rating: How To Get It And Why You Should

In Depth

Our Experts

Krista Shonk

SVP & Senior Counsel, Regulatory Compliance & Policy

Press Contact

Mike Townsend

(202) 663-5471

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CRA Working Group

Inform ABA policy positions and advocacy on modernization of the Community Reinvestment Act.

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Community Engagement and Reinvestment Committee

The Committee assists bankers in finding constructive ways to encourage and promote sound lending and investments in their communities.

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