BOARD OF GOVERNORS 

or THE 

FEOERAL RESERVE SYSTEM 

WASHINGTON, 0. C. 20551 

April18, 2014 

DIVISION OF CONSUMER AND 

COMMUNITY AFFAIRS 

CA 14-2 

TO THE OFFICERS AND MANAGERS IN CHARGE OF CONSUMER AFFAIRS 

SECTIONS: 

SUBJECT: Revised Interagency Large Institution CRA Examination Procedures and 

Consolidation of Interagency CRA Examination Procedures and Supporting Materials 

Applicability to Community Banking Organizations: This guidance applies to all state 

member banks, including those with $10 billion or less in consolidated assets. 

The Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the 

Comptroller of the Currency (the "Agencies") recently approved the attached interagency Large 

Institution Community Reinvestment Act (CRA) examination procedures. The revised 

examination procedures explain how community development activities that benefit a broader 

statewide or regional area that includes an institution's assessment area(s) and investments in 

nationwide funds will be considered when evaluating an institution's CRA performance, 

assigning ratings, and developing public performance evaluations. The revised interagency 

Large Institution CRA examination procedures supersede the interagency Large Institution CRA 

examination procedures transmitted with CA Letter 06-9. 

The revised examination procedures reflect, and are consistent with, the recently updated 

"Interagency Questions and Answers Regarding Community Reinvestment" (the "Questions and 

Answers"), which provides guidance for use by agency personnel, financial institutions, and the 

public. The Agencies updated the Questions and Answers on November 15,2013 to address 

several community development issues. 1 

Additionally, this CA letter republishes, without change, the interagency Small Institution 

CRA examination procedures, the interagency Intermediate Small Institution CRA examination 

procedures, the interagency Wholesale/Limited Purpose CRA examination procedures, the 

interagency Strategic Plan CRA examination procedures, the Instructions for Writing Public 

Evaluations, and the FFIEC Community Contact Form, which were all previously transmitted 

with CA Letter 06-9. 

1 Refer to CA letter 13-18, "Final Revisions to Interagency Questions and Answers Regarding Community 

Reinvestment" 
If you have any questions, please contact Cathy Gates, Senior Project Manager, at (202) 

452-2099, Amal Patel, Senior Supervisory Consumer Financial Services Analyst, at (202) 912-

7879, or Amy Henderson, Managing Counsel, at (202) 452-3140. 

Attachment~ : 

d $-n e}~-_H~~ Tonda Price 

Acting Director 

Division of Consumer 

and Community Affairs 

• Revised Interagency Large Institution CRA Examination Procedures 

• Interagency Small Institution CRA Examination Procedures 

• Interagency Intermediate Small Institution CRA Examination Procedures 

• Interagency Wholesale/Limited Purpose CRA Examination Procedures 

• Interagency Strategic Plan CRA Examination Procedures 

• Instructions for Writing Public Evaluations 

• FFIEC Community Contact Form 

Cross Reference: CA 13-18 "Final Revisions to Interagency Questions and Answers Regarding 

Community Reinvestment" (November 15, 2013) 

Supersedes: CA 06-9 "Consolidation of Interagency CRA Examination Procedures" (Apri110, 

2006) 

2