Community Reinvestment Act 2023 Rulemaking
Note: The Board continues to apply the 1995 regulations to banks. On July 16, 2025, the Board, FDIC, and the OCC jointly issued a proposal to rescind the 2023 rule and replace it with the 1995 CRA regulations, with certain technical amendments.
On October 24, 2023, the Board, the FDIC, and the OCC issued a rule amending the agencies' CRA regulations at that time. The rule reflected feedback received in response to the Board's Advance Notice of Proposed Rulemaking (ANPR) issued in October 2020, and the Notice of Proposed Rulemaking (NPR) issued by the three agencies in May 2022. In March 2024, a Supplemental Rule was issued to extend the applicability date of the facility-based assessment areas and public file provisions.
2023 Rule
Open Board Meeting: Final rule to revise the regulation implementing the Community Reinvestment Act
October 24, 2023
Press Release
October 24th, 2023
Agencies issue final rule to strengthen and modernize Community Reinvestment Act regulations
- Federal Register notice
- Fact Sheet on CRA Final Rule (PDF)
- Summary of Key Objectives of the Interagency CRA Final Rule (PDF)
Board Memo
October 24, 2023
Board Memo on Final Rule – Community Reinvestment Act (Regulation BB) (PDF)
Statements
October 24, 2023
Statement by Chair Jerome H. Powell (PDF)
Statement by Vice Chair for Supervision Michael S. Barr (PDF)
Statement by Governor Michelle W. Bowman (PDF)
Statement by Governor Christopher J. Waller (PDF)
Supplemental Rule
The Supplemental Rule extends the applicability date of the facility-based assessment areas and public file provisions from April 1, 2024, to January 1, 2026. Comment on the extension is requested.
Press Release
March 21, 2024
Agencies extend applicability date of certain provisions of their Community Reinvestment Act final rule
- Federal Register notice: Community Reinvestment Act; Supplemental Rule (PDF)
- Board memo (PDF)
- Statement by Governor Bowman
Additional CRA Resources
CRA Analytics Data Tables
The CRA Analytics Data Tables contain data used to conduct analyses in support of proposals to revise the CRA regulations. These data tables combine CRA small business and small farm data, Home Mortgage Disclosure Act data, and manually extracted data from CRA performance evaluations. Bank and community attributes (e.g., assets, deposits, branching, and information about communities, such as the percentage of low- and moderate-income households) and other third-party vendor data supplement information provided in the data tables.