On September 8, 2014, the Federal Reserve Board, the FDIC, and the OCC requested comment on proposed revisions to the “Interagency Questions and Answers Regarding Community Reinvestment” (“Q&A”). The Q&A provides new guidance to financial institutions and the public on regulations that  implement the Community Reinvestment Act (“CRA”), addressing issues raised by bankers, community organizations and others regarding alternative systems for delivering retail banking services, innovative or flexible lending practices, community development-related issues and evaluation by examiners of the responsiveness and innovativeness of an institution’s loans, qualified investments, and community development services. Comments on the proposed questions and answers will be due 60 days after publication in the Federal Register.

The questions and answers are available at: