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Financial Services Law Insights and Observations

Agencies Announce Availability of 2016 Small Business and Farm CRA Data

Federal Issues CRA FFIEC OCC FDIC Federal Reserve

Federal Issues

On November 21, the three federal banking agency members of the Federal Financial Institutions Examination Council (FFIEC) with Community Reinvestment Act (CRA) responsibility—the Federal Reserve Board, the FDIC, and the OCC—announced the release of the 2016 small business and small farm CRA data. The analysis contains information from 726 lenders reporting data about originations and purchases of small loans (loans with original amounts of $1 million or less) in 2016, a 3.3 percent decrease from 2015.

The FFIEC disclosure statement on the data for each reporting lender is available here.