# US bank regulators propose Community Reinvestment Act reform > Live situation record from CLSTR: https://clstr.news/situations/us-bank-regulators-propose-community-reinvestment-act-reform > Updated: 2026-08-10T18:51:24.000Z. Sources: 3. Developments: 2. The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) have proposed significant revisions to the Community Reinvestment Act (CRA) regulations. The proposal seeks to align rules with statutory purposes and reduce regulatory burdens for community banks by adjusting asset thresholds. Under the proposed framework, the threshold for exempting banks from certain data-collection and reporting requirements would increase from $412 million to $1 billion. A new “intermediate bank” category would be established for institutions with assets between $1 billion and $10 billion. Additionally, the revisions aim to narrow the scope of evaluated retail banking services by focusing on credit services and excluding deposit services. Earlier details of the proposal indicated limits on how banks receive CRA credit for grants to community-development groups, including a requirement that grant recipients maintain overhead costs below 15 percent. Critics, such as the National Community Reinvestment Coalition, have warned that these changes could divert billions of dollars from small-business financing, job creation, and affordable-housing projects in low- and moderate-income neighborhoods. ## Timeline ### 2026-08-10: OCC and FDIC propose changes to Community Reinvestment Act rules The OCC and FDIC have proposed updates to Community Reinvestment Act rules, including higher asset thresholds for banks and a narrower focus on credit services to reduce regulatory burdens. 3 sources. https://clstr.news/cluster/occ-and-fdic-propose-changes-to-community-reinvestment-act-rules ### 2026-07-31: U.S. Bank Regulators Propose Overhaul of Community Reinvestment Act U.S. OCC and FDIC propose major CRA revisions that would raise exemption thresholds, limit grant credits, and could divert billions from affordable housing and low‑income lending, sparking criticism from the N. 11 sources. https://clstr.news/cluster/us-regulators-unveil-new-fairlending-rule-proposal --- Cite as: US bank regulators propose Community Reinvestment Act reform. CLSTR, https://clstr.news/situations/us-bank-regulators-propose-community-reinvestment-act-reform