FRSProposed Rule
Community Reinvestment Act Regulations
Finance & BankingHousing
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Summary
This proposed rule updates how federal regulators evaluate whether banks are doing enough to serve their local communities, especially low-income neighborhoods. The changes affect how banks get approved for mergers and expansions, and aim to ensure fair access to banking services for all Americans.
Key Points
- 1Banks will be assessed on whether they lend money and provide services to people and businesses in lower-income areas, not just wealthy neighborhoods
- 2The Federal Reserve (FRS) is proposing changes to how they measure and grade bank performance on community lending
- 3These rules apply to banks of all sizes and could influence which banks get permission to grow or merge with other banks
- 4The public has until August 19, 2025 to submit comments and concerns about the proposed changes
- 5The goal is to prevent banks from ignoring poorer communities and to ensure broader access to credit and financial services
Key Dates
Published
July 18, 2025
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
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