Cra Final Rule 2025. Covington summarized the final rule here. Under the final rule, banks with assets of at least $600 million as of december 31 in the two prior calendar years and less than $2 billion as of december 31 in either of the two prior calendar.
After years of discussions and false starts, the federal reserve, fdic, and occ issued their final rule modernizing the community reinvestment act (cra) on october 24th,. While no rule will be perfect on every dimension, overall, this rule is an.