Federal Register #OCC-2026-0694

Proposed Amendments to Community Reinvestment Act Regulations by OCC and FDIC

This notice outlines proposed regulatory amendments to the Community Reinvestment Act (CRA) by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC): - Government Buyer: - Department of the Treasury (OCC) and Federal Deposit Insurance Corporation (FDIC) - No OEMs or commercial vendors are involved, as this is a regulatory proposal, not a procurement - Products/Services Referenced (for regulatory purposes only): - Community Development Loans, Investments, Grants, and Services - Community Development Grants: Indirect costs capped at 15% for large banks; must directly benefit communities - Home Mortgage Loans, Small Business Loans, Small Farm Loans, Consumer Loans - Strategic Plan Evaluation Services: Focus on measurable goals, public participation, and amendment processes - Notable Requirements and Changes: - Raises asset size thresholds for small banks to $1B and intermediate banks to $10B - Adopts a major product line approach for retail lending evaluation - Refines definitions and eligibility for community development activities - Modernizes public file and notice requirements - Clarifies strategic plan processes and enhances data collection for large banks - No procurement of goods or services is being solicited; this is a request for public comment on regulatory changes

Description

The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) are proposing amendments to their Community Reinvestment Act (CRA) rules. The proposed changes aim to refocus on encouraging banks to meet community credit needs, ensure community development grants reach intended communities, reduce burdens on community banks, and clarify CRA considerations. Technical updates to sunshine requirements and related rules are also proposed. Comments on the proposal must be received by October 13, 2026.

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