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ABA: The American Bankers Association

Community Reinvestment Act Modernization

Reflecting Changes in Technology, Consumer Preferences and the Business of Banking

ABA Position

ABA strongly supports modernizing CRA and has urged regulators to: align CRA resources with actual community needs; reflect changes in technology, consumer preferences and the business of banking; increase certainty and transparency regarding regulatory interpretations and standards; improve the supervisory process; and apply CRA-like requirements to other financial firms, including credit unions.

Related Training & Events

  • ABA Experts Webinar: What You Need to Know about the CRA Final Rule

    Recorded Webinar | November 3, 2023

    The federal banking agencies have finalized the long-awaited overhaul of regulations that implement the Community Reinvestment Act. The new rule aims to reflect the digital delivery of financial products and services and enhance economic opportunity for low-and moderate-income individuals and communities. It also has strategic implications for banks that may affect your growth strategy and expansion into new markets.

  • Serving Customers With Disabilities

    Recorded Webinar | February 22, 2024

    About 13% of the U.S. population lives with a disability, which constitutes the largest minority group in the U.S. Serving these consumers promotes financial inclusion, and there are now qualified Community Reinvestment Act (CRA) investment activities that provide needed programs and services to help support people with disabilities through residential and small business lending.

  • Multicultural Banking

    Recorded Webinar | January 24, 2024

    The U.S. population is becoming more racially and ethnically diverse. Learn how other banks are updating their business strategies to reflect these demographic changes and how they are tailoring product and service offerings to expand their customer base.

  • Special Purpose Credit Programs

    Recorded Webinar | December 13, 2023

    Learn how some banks are moving forward on offering special purpose credit programs to expand credit offerings for traditionally underserved segments of their communities.

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CRA Working Group

Inform ABA policy positions and advocacy on modernization of the Community Reinvestment Act.

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