Legal Seminar, Chicago, IL

FRB Report on Public Feedback

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 The FRB Report reviews the feedback received in the following areas, as discussed at the roundtables:  Assessment Areas  CRA in Underserved Communities  Performance Test Structure  Evaluating Performance  Defining Community Development Activities  Additional Comments  A consistent set of questions was used for banker attendees and for community group attendees

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Where do we go from here?

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 Comment period closed in November 2018  Agencies are reviewing comments  Next step likely a joint rulemaking  May have proposed rule within __ months  Minimum __ months/years before final or effective

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