COMMUNITY REINVESTMENT ACT COMMUNITY REINVESTMENT ACT
GAO - DOC

COMMUNITY REINVESTMENT ACT

Options for Treasury to Consider to Encourage Services and Small-Dollar Loans When Reviewing Framework

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Publisher Description

A 2015 FDIC survey found that 7 percent of U.S. households were unbanked—meaning no one had a checking or savings account—and about 20 percent were underbanked—meaning the household had such an account but used an AFS provider’s products. The goal of CRA is to encourage financial institutions to help meet the credit needs of the communities in which they operate, including LMI neighborhoods. FRB, FDIC, and OCC periodically evaluate financial institutions’ efforts to meet the credit needs of their communities...

GENRE
Business & Personal Finance
RELEASED
2018
March 18
LANGUAGE
EN
English
LENGTH
167
Pages
PUBLISHER
Hugues DUMONT
SELLER
Hugues DUMONT
SIZE
1.8
MB
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