The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.
Session Description The Federal financial supervisory agencies are jointly undertaking a review of the Community Reinvestment Act [CRA] regulations, in fulfillment of the commitment made to do so when the current regulation was adopted in 1995. A fundamental issue for consideration is whether any change to the regulations would be beneficial or warranted at this time.
The Office of Regional & Community Affairs at the Federal Reserve Bank of New York is hosting the sessions listed below to discuss the current CRA regulations and to get your input on the issues under consideration by the agencies.
Who Should Attend Bankers Representatives of community organizations Others interested in CRA and community development
More Information For more information, please contact: John McAteer at (212)720-2170
In light of the terrible disaster in New York City, the CRA Review meeting scheduled for September 20, 2001 from 8:30 a.m. to 11:00 a.m. at the Federal Reserve Bank of New York has been rescheduled and relocated as follows:
9:00 - 11:30 a.m. Hyatt Regency New Brunswick Hotel Two Albany Street New Brunswick, NJ 08901
We have invited regulators from Washington to attend as panelists as well as Judy Kennedy of the National Association of Affordable Housing Lenders. We look forward to seeing you there.
If you have any questions or concerns or if you cannot attend, please let us know via e-mail to email@example.com or call our Buffalo office at (716) 849-5023.