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OMB Control No: 1557-0357	ICR Reference No: 202509-1557-001
Status: Received in OIRA	Previous ICR Reference No: 202410-1557-004
Agency/Subagency: TREAS/OCC	Agency Tracking No:
Title: Community Reinvestment Act (2021 Rule)
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular	Date Submitted to OIRA: 09/04/2025

	Requested	Previously Approved
Expiration Date	36 Months From Approved	01/31/2028
Responses	1,875	2,181
Time Burden (Hours)	107,470	148,298
Cost Burden (Dollars)	0	0

Abstract: The Community Reinvestment Act of 1977 (CRA) requires the Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), and Board of Governors of the Federal Reserve System (Board) (collectively, the agencies) to assess the record of banks and savings associations in helping to meet the credit needs of their entire communities, including low- and moderate-income neighborhoods, consistent with safe and sound operations; to take this record into account in evaluating applications for mergers, branches, and certain other corporate activities; and to make certain sections of its written evaluation of a bank’s CRA performance public . Further, the CRA requires the agencies to issue regulations to carry out its purposes. The OCC’s CRA regulation is set forth at 12 CFR part 25. The agencies are proposing to rescind their final rule implementing the CRA issued on October 24, 2023, and published in the Federal Register on February 1, 2024, as subsequently amended (2023 CRA Final Rule). The agencies also are proposing to replace the 2023 CRA Final Rule with regulations adopted by the agencies and the former Office of Thrift Supervision (OTS) on May 4, 1995, as amended, and as published in the Electronic Code of Federal Regulations as of March 29, 2024 (1995 CRA regulations), with minor technical amendments to the definition of “small bank” and the OCC’s transition provisions. If adopted, the proposal would restore certainty in the CRA framework for stakeholders and limit regulatory burden on banks, while ensuring that banks continue to focus on the purpose of the CRA.

Authorizing Statute(s): US Code: 12 USC 2901 et seq. Name of Law: Community Reinvestment Act

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
1557-AF30	Proposed rulemaking	90 FR 34086	07/18/2025

Federal Register Notices & Comments
Did the Agency receive public comments on this ICR? No

ICR Summary of Burden

	Total Request	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	1,875	2,181	-306
Annual Time Burden (Hours)	107,470	148,298	-40,828
Annual Cost Burden (Dollars)	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Changing Regulations

Short Statement: The decrease in burden is predominantly due to changes in the number of banks subject to the CRA regulations and the increase in the small bank asset size threshold.

Annual Cost to Federal Government:

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

Agency Contact: Emily Boyes 202 649-8647 emily.boyes@occ.treas.gov

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