National Banks Evaluated on the Basis of a Strategic Plan under the Community Reinvestment Act (CRA)

As of July 1, 2019

Under the Community Reinvestment Act (CRA), a bank may apply to its primary federal regulator to be evaluated under a strategic plan. The strategic plan option provides a bank with the opportunity to tailor its CRA objectives to the needs of the community and to its own capacities, business strategies, and expertise. Therefore, not all of the factors described in the regulation necessarily apply to each strategic plan. The required contents of a strategic plan as well as the OCC's criteria for evaluating a strategic plan are specified in the OCC's CRA regulations, 12 CFR 25.27 for national banks, and 12 CFR 195.27 for federal savings banks.