CDBA Signs Request to Formally Withdraw or Delay the June 2020 CRA Rule

Tuesday, May 4, 2021

CDBA and 9 other banking trades last week sent a letter to Acting Comptroller Blake Paulson supporting his efforts to add more objectivity and transparency to the Community Reinvestment Act (CRA) framework while also asking that he formally withdraw the June 2020 OCC Rule or delay its January 2023 compliance date.