OCC Publication Focuses on Bank Partnerships in Community Reinvestment and Resilience

News Release 2022-36 | April 7, 2022

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today published the latest edition of its Community Developments Investments newsletter, “Partners in Recovery: Community Reinvestment and Resilience.”

This edition of Community Developments Investments highlights how banks can collaborate with community development financial institutions, minority depository institutions, and other community-based groups to help rebuild communities recovering from the COVID-19 pandemic and natural disasters.

The newsletter explains three federal emergency programs that have provided loans, grants, and other resources for low- and moderate-income and minority communities and businesses recovering from the disproportionate effects of the pandemic. The newsletter highlights bank-community partnerships that have helped communities rebuild following disasters and the pandemic. These partnerships offer lessons on how such bank collaborations can help communities better prepare for future crises through climate resilience planning and investment.

This edition of Community Developments Investments is part of a group of resources available to banks interested in exploring community development and economic inclusion opportunities in their communities. These resources are available on http://www.occ.gov/communityaffairs. Banks interested in learning more about these opportunities may contact the OCC’s District Community Affairs Officers located throughout the nation.

Related Links

Media Contact

Brian Walch
(202) 649-6870

IR Press

Share
Published by
IR Press

Recent Posts

Treasury Targets Sanctions Evaders Supporting Key Hizballah Financial Advisor

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC)…

1 day ago

Acting Senior Deputy Comptroller and Chief Counsel Testifies on Bank Mergers

WASHINGTON—Acting Senior Deputy Comptroller and Chief Counsel Ted Dowd today testified on the Office of…

1 day ago

Minutes of the Meeting of the Treasury Borrowing Advisory Committee April 30, 2024

The Committee convened in a closed session at the Department of the Treasury at 9:00…

2 days ago

U.S. Continues to Degrade Russia’s Military-Industrial Base and Target Third-Country Support with Nearly 300 New Sanctions

WASHINGTON — Today, the Department of the Treasury is taking action to further degrade Russia’s…

2 days ago

Report on Foreign Portfolio Holdings of U.S. Securities at End-June 2023

WASHINGTON – The final results from the annual survey of foreign portfolio holdings of U.S. securities at…

3 days ago