BOARD OF GOVERNORS
DIVISION OF CONSUMER
April 10, 2006
TO THE OFFICERS AND MANAGERS IN CHARGE OF CONSUMER AFFAIRS SECTIONS:
SUBJECT: Consolidation of Interagency CRA Examination Procedures
Members of the FFIEC Task Force on Consumer Compliance recently approved the attached revised Community Reinvestment Act (CRA) examination procedures for Large Banks, Small Banks, Wholesale/Limited Purpose Banks, and Strategic Plan Banks. The revisions incorporate the CRA regulatory changes published in the Federal Register on August 2, 2005 (70 Federal Register 44256), by:
In an effort to consolidate all current CRA examination guidance in one location, this CA letter also makes several administrative changes to the existing set of relevant CA letters. First, we are rescinding CA 97-04 and 95-3, which contained previous versions of the CRA examination procedures, and at the same time are incorporating the revised procedures referenced above, as well as the Instructions for Writing Public Evaluations, and the FFIEC Community Contact Form. Second, we updated the Instructions for Writing Public Evaluations to reflect the current CRA statute and regulations. Third, we are rescinding CA 05-5, which contains the Intermediate Small Bank Examination Procedures, but are simultaneously incorporating them into this CA letter.
If you have any questions, please contact Timothy Burniston, Manager, Reserve Bank Oversight (202-452-3488), or Beverly Smith, Manager, Applications and Special Projects Section (202-452-5291).
(1) Large Bank CRA Examination Procedures (1,006 KB PDF)
Supersedes: CA letters CA 05-5, CA 97-4 and CA 95-3CA letters | 2006 Letters