Updates About COVID-19 (Coronavirus) - Learn More

Bank Regulation Alert: Changes in CRA Notices

6/2/2017 - By Stephen Helms-MacBeth, CRCM, CAFP

Effective January 18, 2017 - The FDIC changed their CRA Notice model language (main office and all branch locations). If your primary regulator is the FDIC, please be sure to update your CRA lobby notices as soon as possible. Keep in mind these two things.

  1. You need to inform about the website to submit comments electronically: “You may also submit comments electronically through the FDIC’s main web site."

  2. All references to the "FDIC Manager" should be replaced with "FDIC Regional Director." This is in several locations on the CRA Notice. 

The model form can be located at Appendix B Part 345 at the following link: FDIC's Appendix B Part 345

About the Author | Stephen MacBeth, CRCM, CAFP

Stephen is a manager in the Financial Institutions Advisory Group at Saltmarsh, Cleaveland & Gund. He has been working in the financial institutions industry since 1992, concentrating primarily on compliance, operations and policies and procedures. 

View Full Bio


Related Posts

Contact Us

FORT WALTON BEACH
(850) 243-6713

ORLANDO
(407) 203-8990

NASHVILLE
(615) 661-0885

PENSACOLA
(850) 435-8300

TAMPA
(813) 287-1111

info@saltmarshcpa.com
(800) 477-7458

2020 Saltmarsh, Cleaveland & Gund • Privacy Policy

Stay Connected

Sign up to receive updates and important information from Saltmarsh!