CRA SMALL BUSINESS, SMALL FARM AND COMMUNITY DEVELOPMENT DATA RELEASED

On October 25, 2018 the federal banking agency members of the Federal Financial Institutions Examination Council (FFIEC) with Community Reinvestment Act (CRA) responsibilities today announced the availability of data on small business, small farm, and community development lending reported by certain commercial banks and savings associations, pursuant to the CRA. The agencies releasing the data are the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency.

An FFIEC disclosure statement on the reported 2017 CRA data, in electronic form, is available for each reporting commercial bank and savings association. The FFIEC also prepared aggregate disclosure statements of small business and small farm lending for all of the metropolitan statistical areas and non-metropolitan counties in the United States and its territories. These statements are available for public inspection on the FFIEC website (www.ffiec.gov/cra).

A copy of the FFIEC’s press release is available at :  https://www.ffiec.gov/press/pr102518.htm

A copy of the Fact Sheet on the 2017 Data is available at:  https://www.ffiec.gov/hmcrpr/cra_fs18.htm

Details on the upcoming Compliance Resource webinar entitled CRA Data Collection and Reporting are available at:  https://www.jackscomplianceresource.com/event-registration/?ee=193

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