FDIC, OCC issues CRA evaluation schedules
On November 26, the OCC released its schedule for its CRA evaluations to take place in the first and second quarters of 2025. The OCC encouraged public comments on the CRA activities of the national banks and federal savings associations that will be evaluated. Comments should be sent to the banks at the addresses listed in the schedule or to the appropriate OCC supervisory office before the evaluation month. The OCC also noted it will consider all public comments received before the end of the CRA evaluation.
Similarly, on November 29, the FDIC released the list of financial institutions scheduled for CRA examinations in the first and second quarters of 2025. The examinations are scheduled based on a bank’s asset size and CRA rating, with specific intervals for institutions with assets of $250 million or less. The schedules are subject to change based on various factors, such as additional time needed for certain examinations or new applications for deposit facilities.