On July 11, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency and the Office of Thrift Supervision (collectively, the Banking Agencies) issued for public comment new and revised interagency questions related to the Community Reinvestment Act (CRA).

According to the accompanying press release, the “majority of the proposed revisions clarify existing questions and answers, improve readability, or adopt current terminology. Many of the proposed revisions update existing guidance to reflect terminology changes made by the Office of Management and Budget and the US Census Bureau or to reflect changes in the agencies’ CRA regulations.” Comments are due September 10.