Need Some Extra CRA Credit?
OCC's latest edition of its Community Development Investments newsletter describes "Profitable Partnerships: Collaborating With Minority Depository Institutions.” The newsletter explains how banks may receive Community Reinvestment Act consideration for partnerships with minority- and women-owned financial institutions and low-income credit unions that benefit economically distressed communities and meet the credit needs of residents of low- and moderate-income neighborhoods. [5/23/18]