Skip to content
The COVID Project
  1. Library
  2. Federal financial regulators
  3. AGY-FED-FINANCIAL-008

Ex. AGY-FED-FINANCIAL-008 Order Primary source read

Joint Statement on CRA Consideration for Activities in Response to COVID-19

Joint Statement on CRA Consideration for Activities in Response to the COVID-19

Board of Governors, FDIC and OCC (FDIC FIL-19-2020; OCC Bulletin 2020-19; Fed CA 20-4) · United States; Federal Reserve Board, FDIC and OCC (federal interagency) (Federal)

Open exhibit (PDF, 55 KB)Source (opens in a new tab)
The COVID Project

The record

Jurisdiction
United States; Federal Reserve Board, FDIC and OCC (federal interagency)
Level
Federal
Authority
12 U.S.C. § 2905 (regulations to carry out the CRA)
Issued
2020-03-19 Mar. 19, 2020
Effective
2020-03-19
End
Not rescinded within the period (read as 2021-09-30)
In force
Mar. 19, 2020 to Sept. 30, 2021
Quarters
2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3
Limitation types
Other
Addressees
  • institutions subject to the CRA
Functions reached
  • CL
  • BL
  • SV
  • MK community programs
  • CB
Collection
Federal financial regulators AGY-FED-FINANCIAL

Operative words

Joint Statement on CRA Consideration for Activities in Response to the COVID-19 [the agencies state they will favorably consider retail banking services and retail lending activities in a financial institution's assessment areas that are responsive to the needs of low- and moderate-income individuals, small businesses and small farms affected by COVID-19]

Enforcement

CRA examination ratings

Notes

Context for the accommodation regime

Retrieval note

Title read from the PDF; bracketed summary from the statement's body.

A record of The COVID Project. The instrument's text is the source's; the summary fields are The COVID Project's reading of it. Not legal advice.