文章基本信息

标题：New Community Reinvestment Act Regulation: What Have Been the Effects?
本地全文：下载
作者：Terri Johnsen ; Forest Myers
期刊名称：Federal Reserve Bank of Kansas City. Financial Industry Perspectives (Online)
印刷版ISSN：1072-0049
出版年度：1996
出版社：Federal Reserve Bank of Kansas
摘要：Effective January 1, 1996, the federalfinancial supervisory agencies (agencies)implemented their new Community Rein-vestment Act (CRA) regulation.1Initially,examiners will use the revised regulationto review CRA performance at smallerinstitutions. Beginning on July 1, 1997,the new regulation will also be applied tolarger institutions.The newly introduced regulation replacesthe "process oriented" approach pre-viously used to evaluate an institution'sCRA performance with a more objective,performance based approach. The intentof this change is to reduce regulatory bur-den on depository institutions and tomake CRA regulation more effective