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Home > Department of Treasury - Office of the Comptroller of the Currency (OCC) CRA

Funding guide

Department of Treasury - Office of the Comptroller of the Currency (OCC) CRA

Broadband Funding Guide

Department of Treasury


Federal Agency

Office of the Comptroller of the Currency (OCC)

Agency Overview

The U.S. Department of Treasury’s OCC charters, regulates, and supervises all national banks and federal savings associations as well as federal branches and agencies of foreign banks. The OCC is an independent bureau of the U.S. Department of the Treasury.

Program Name

Community Reinvestment Act (CRA)

Program Website

Program Overview

CRA requires federal banking regulators [5] to encourage financial institutions to help meet the credit needs of the communities in which they do business, including low- and moderate-income (LMI) neighborhoods [6]. hree federal banking agencies, or regulators, are responsible for the CRA. Banks that have CRA obligations are supervised by one of these three regulators. Each regulator has a dedicated CRA site that provides information about the banks they oversee and those banks' CRA ratings and Performance Evaluations.

• Federal Deposit Insurance Corporation (FDIC [7])
• Federal Reserve Board (FRB [8])
• Office of the Comptroller of the Currency (OCC [9])

Program Purpose
  • Broadband Infrastructure (e.g. construction)
Eligible Recipients
  • Financial Institutions

Agency Contact

OCC Customer Assistance Group: (800) 613-6743

Funding Type

Financial Institution Equity Investment

Additional Information

CRA Q&A: https://www.govinfo.gov/content/pkg/FR-2016-07-25/pdf/2016-16693.pdf [10]

Resources
Source URL: https://broadbandusa.ntia.doc.gov/funding-program-details-funding-guide/department-treasury-office-comptroller-currency-occ-cra

Links
[1] https://broadbandusa.ntia.doc.gov/print/print/funding-program-details-funding-guide/department-treasury-office-comptroller-currency-occ-cra
[2] https://broadbandusa.ntia.doc.gov
[3] https://broadbandusa.ntia.doc.gov/javascript%3Awindow.close%28%29
[4] https://www.occ.treas.gov/topics/compliance-bsa/cra/index-cra.html
[5] https://www.federalreserve.gov/consumerscommunities/cra_resources.htm#regulators
[6] https://www.federalreserve.gov/consumerscommunities/cra_resources.htm#lmi
[7] https://www5.fdic.gov/crapes/
[8] https://www.federalreserve.gov/apps/CRAPubWeb/CRA/BankRating
[9] https://apps.occ.gov/crasearch/default.aspx
[10] https://www.govinfo.gov/content/pkg/FR-2016-07-25/pdf/2016-16693.pdf
[11] https://broadbandusa.ntia.doc.gov/sites/default/files/funding_treasury_02_0.pdf