Home / Agencies / Federal Reserve / 2023-25797
Final Rule

Community Reinvestment Act

Document Number
2023-25797
Published
February 1, 2024
Effective Date
April 1, 2024

Abstract

The Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) are adopting final amendments to their regulations implementing the Community Reinvestment Act of 1977 (CRA) to update how CRA activities qualify for consideration, where CRA activities are considered, and how CRA activities are evaluated.

Federal Register Source

This document is published by the Office of the Federal Register, National Archives and Records Administration. Access the full regulatory text, preamble, and docket comments below.

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Frequently Asked Questions

What is the 2023-25797 Federal Register document?
Document 2023-25797 is a Final Rule published by the Federal Reserve System in the Federal Register on February 1, 2024, with an effective date of April 1, 2024. The Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) are adopting final amendments to their regulations implementing the Community Reinvestment Act of 1977 (CRA) to update how CRA activities qualify for consideration, where CRA activities are considered, and how CRA activities are evaluated. View the original at https://www.federalregister.gov/documents/2024/02/01/2023-25797/community-reinvestment-act.
Is document 2023-25797 an economically significant rule?
No. Document 2023-25797 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.
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