This report is a summary of feedback received from bankers and community groups during a series of 29 roundtable discussions on the current state of, and potential revisions to, the Community Reinvestment Act (CRA). The information was gathered from CRA roundtables hosted by the Federal Reserve Board and the Federal Reserve Banks held between October 2018 and January 2019. The views shared at the roundtables, as summarized in this report, will factor into the Board’s consideration of any CRA modernization proposals.
Perspectives from Main Street: Stakeholder Feedback on Modernizing the Community Reinvestment Act
Last Update: June 14, 2019