Seal of the Board of Governors of the Federal Reserve System

BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
WASHINGTON, D.C.  20551

DIVISION OF CONSUMER
AND COMMUNITY AFFAIRS

CA 05-7

September 16, 2005

TO THE OFFICERS AND MANAGERS IN CHARGE OF CONSUMER AFFAIRS SECTIONS:

SUBJECT: Interagency Community Reinvestment Act Performance Evaluation Formats

The attached interagency Community Reinvestment Act (CRA) performance evaluation (PE) templates and instructions are effective for use by examiners immediately1. Two new performance evaluation templates have been developed for intermediate small banks. One is for use when examining intrastate intermediate small banks and the other for use when examining interstate intermediate small banks. In addition, the templates for small institutions, large institutions, wholesale and limited purpose institutions, and institutions operating under a strategic plan have been revised.

The performance evaluation templates:

•  include a written scope of examination in the body of the performance evaluation

•  reflect the agencies' current practice of reviewing an institution's record with respect to fair lending and other illegal credit practices

•  update certain terminology to ensure consistency with the examination procedures, Regulation BB, and the Act.

The principles that are explained in the large bank performance evaluation guidance transmitted in CA 02-7 may be applied to the new large bank performance evaluation template. With the issuance of these new templates, CA letter 00-10 is rescinded, as the templates have been revised. The performance evaluation templates should be used in conjunction with existing CRA examination procedures, including the recently adopted Interagency Intermediate Small Bank CRA Examination Procedures transmitted in CA 05-5.

If you have any questions, please contact Suzanne Killian, Assistant Director, Consumer Compliance Supervision (202-452-2090) or Beverly Smith, Manager, Applications and Special Projects Section (202-452-5291).

Sincerely,
(signed)

Sandra F. Braunstein
Director

Attachments:

(1) Intermediate small bank performance evaluation template for intrastate banks (15 KB PDF)

(2) Intermediate small bank performance evaluation template for interstate banks (41 KB PDF)

(3) Small bank performance evaluation template (16 KB PDF)

(4) Large bank performance evaluation template (55 KB PDF)

(5) Wholesale and limited purpose institution bank performance evaluation template (33 KB PDF)

(6) Strategic Plan performance evaluation template (35 KB PDF)

Supersedes: CA letter CA 00-10

Cross References: CA letters CA 00-10, CA 02 7, and CA 05-5


Notes:

1. The performance evaluation templates for small institutions, large institutions, wholesale and limited purpose institutions, and institutions operating under a strategic plan are used by the Board of Governors of the Federal Reserve System (FRS), the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), and the Office of Thrift Supervision (OTS). The performance evaluation templates for intermediate small banks are used by the FRS, the OCC, and the FDIC. Return to Text

CA letters | 2005 Letters