Revises provisions for community reinvestment performance evaluations and approvals by the Banking Commissioner for Connecticut bank branches.
This bill revises various provisions relating to community reinvestment performance evaluations and approvals by the Banking Commissioner for Connecticut bank branches. It mandates that the commissioner shall not grant any approval unless the entity has a record of compliance with federal Community Reinvestment Act (CRA) and applicable consumer protection laws.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.