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Reduce liability for losses on commercial accounts by adhering to four requirements.
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Report AveragesTM
7-Day Yield — 0.01
30-Day Yield — 0.02
7-Day Comp Yield — 0.01
All Taxable Averages (Based on 1,026 funds with assets of $2.32 trillion - 5/22/13)
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Promoting financial literacy is one way to comply with the Community Reinvestment Act. So in an effort to help bankers not only comply with CRA but also help educate people in their communities, we have created this financial literacy/CRA page.
We hope this web page will be a useful resource to you in your CRA compliance, as well as inspire you to promote financial literacy throughout the year.
Latest CRA/Financial Literacy News
Sept 16 - OCC Releases CRA Evaluations For 15 National Banks
Sept 7 - FDIC Issues List of Banks Examined for CRA Compliance
Sept 2 - OCC Issues Fourth Quarter 2010 CRA Examination Schedule
Sept 2 - ICBA Offers Tips For Financial Preparedness in a Natural Disaster
Sept 1 - NFCC: Recession Has Positive Impact on Consumers’ Financial Habits
Aug 31 - Get Smart About Credit Set For Oct. 21
Aug 30 - FDIC Issues Fourth Quarter 2010 CRA Examination Schedule
Aug 25 - FDIC Offers Tips for Keeping Costs Down on Checking and Savings Accounts
Aug 24 - OCC Releases CRA Evaluations For 39 National Banks
Aug 16 - CRA Hearing in Los Angeles to be Available For Online Viewing