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Cover of Bank Holding Company Supervision Manual

Consumer Compliance Handbook
November 2014 Update



The November 2014 update to the handbook includes the revised Large Institutions: Examination Procedures and Sample Format for Public Disclosure of Examination Results.

The Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency (the “agencies”) this past April approved the attached interagency Large Institution Community Reinvestment Act (CRA) examination procedures. The revised examination procedures explain how community development activities that benefit a broader statewide or regional area that includes an institution’s assessment area(s) and investments in nationwide funds will be considered when evaluating an institution’s CRA performance, assigning ratings, and developing public performance evaluations. The revised interagency Large Institution CRA examination procedures supersede the interagency Large Institution CRA examination procedures transmitted with CA Letter 06-9.

The revised examination procedures reflect, and are consistent with, the recently updated “Interagency Questions and Answers Regarding Community Reinvestment” (the “Questions and Answers”), which provides guidance for use by agency personnel, financial institutions, and the public. The agencies updated the Questions and Answers on November 15, 2013, to address several community development issues.

The three CRA subsections that follow the Large Institutions subsection have not changed in this update but are included because of page renumbering. These include Wholesale or Limited-Purpose Institutions: Examination Procedures and Sample Format for Disclosure of Examination Results, Institutions with Strategic Plans: Examination Procedures and Sample Format for Disclosure of Examination Results, and CRA: Sampling and Resubmission of CRA Data.

Filing Instructions

To maintain an updated print version of the handbook, use the following instructions:

RemoveInsert
 
Behind the CRA tab (red), the Large Institutions tab (white) • pp. 19–65 (dated 06/07)Large Institutions: Examination Procedures and Sample Format for Public Disclosure of Examination Results • pp. 19–78 (dated 11/14)
 
Behind the Wholesale or Limited-Purpose Institutions tab • pp. 67 (dated 06/07) Wholesale or Limited-Purpose Institutions: Examination Procedures and Sample Format for Public Disclosure of Examination Results • pp. 79 (dated 11/14)
 
Behind the Institutions with Strategic Plans tab • pp. 69 (dated 06/07)Institutions with Strategic Plans: Examination Procedures and Sample Format for Public Disclosure of Examination Results • pp. 81 (dated 11/14)
 
Behind the Supplementary Guidance tab • pp. 71–88 (dated 06/07)CRA: Sampling and Resubmission of CRA Data • pp. 83–100 (dated 11/14)

Consumer Compliance Handbook

Previous Update: June 2014