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Board of Governors of the Federal Reserve System
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Current FAQs
Informing the public about the Federal Reserve

What is the Community Reinvestment Act (CRA)?

The Community Reinvestment Act (CRA) of 1977 was passed by Congress to ensure that banks meet the credit needs of their local communities and to encourage investment in the immediate communities served by depository institutions. Banks are rated periodically on their efforts to achieve these goals.

The Federal Financial Institutions Examination Council (FFIEC) provides an interagency CRA rating database on its website.

In addition, each bank has available for public review a file giving its CRA rating and additional information that it is required to prepare.

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Last update: May 23, 2013