Krista Shonk

May 27, 2026

February 20, 2026

ABA supports the concept of offering community banks a structured starting point for drafting their strategic plans and makes a number of recommendations for enhancing the proposed guidance.

January 27, 2026

To promote consistency in policy and supervision, we urge the OCC to coordinate with the FDIC and the Federal Reserve to consider comments on this RFI in conjunction with related initiatives, such as the 2024 interagency RFI on bank-fintech arrangements. A unified approach will help to promote consistent policy and supervision across different charters.

December 11, 2025

On November 28, 2025, the Office of the Comptroller of the Currency (OCC) issued a 33-question Request for Information (RFI) seeking input on community banks’ experiences with core service providers and other essential third-party vendors.

August 18, 2025

We support the agencies' proposal to replace the 2023 Rule with the 1995 CRA regulatory framework. The legacy rule is not perfect, but it is more closely aligned with Congressional intent and is more workable than the 2023 Rule.

July 23, 2025

The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation have issued a Notice of Proposed Rulemaking to rescind the 2023 CRA Rule and recodify the 1995 CRA regulations currently applicable to banks, as published in the Code of Federal Regulations as of March 29, 2024. The comment deadline is August 18, 2025.

March 14, 2025

On February 18, 2025, President Trump issued an executive order titled Ensuring Accountability for All Agencies (Independent Agency EO or EO).

February 28, 2025

On February 19, 2025, President Trump issued an executive order titled "Ensuring Lawful Governance and Implementing the President's 'Department of Government Efficiency' Deregulatory Initiative" (Deregulation EO). The executive order—one of several issued by the Trump Administration to downsize and curb the power of Federal agencies—aims to focus regulatory agencies on activities that are "squarely authorized" by Federal law.

February 05, 2025

<span style="letter-spacing: 0.15pt; line-height: 107%;">ABA released a summary of the Administration's funding pause directives and the ensuing litigation by state attorneys general and a consortium of non-profit, healthcare, and small business organizations.</span>

January 23, 2025

On January 20, 2025, President Trump issued 60-day regulatory freeze memorandum pausing new and in-process regulations.

August 09, 2024

On July 25, 2024, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) issued two documents that address "banking as a service" (BaaS), embedded finance and other arrangements through which banks make available deposit, payment, or lending products that fintechs market, distribute, or otherwise provide to consumers or businesses (also known as end users).

August 11, 2023

The new guidance, which became effective when issued, rescinds and replaces each agency's prior individual guidance on this topic.

October 29, 2021

The American Bankers Association (ABA) welcomes the opportunity to respond to the Office of the Comptroller of the Currency's (OCC) proposal to rescind the agency's 2020 rule implementing the Community Reinvestment Act (the 2020 Rule) and replace it with a rule that largely tracks the agency's 1995 Rule, as amended (1995 Rule).; Under this approach, all definitions, performance tests and standards, related data collection, recordkeeping, reporting, and other requirements would revert to those that were in place prior to the issuance of the 2020 Rule.

October 18, 2021

ABA supports this joint effort. This undertaking is especially valuable as a bank's ability to compete in the marketplace depends increasingly on the institution's ability to leverage the expertise of third-party service providers and manage those relationships prudently.

February 16, 2021

The American Bankers Association is pleased to comment on the Advance Notice of Proposed Rulemaking (ANPR) issued by the Board of Governors of the Federal Reserve System (Federal Reserve) that would modernize the regulations that implement the Community Reinvestment Act of 1977 (CRA).

October 05, 2020

The questions were identified by bankers on ABA's CRA Working Group. We share this list in the spirit of collaboration and with the goal of helping the OCC to identify common questions and address information gaps.

September 22, 2020

ABA appreciates the FDIC's willingness to address some of the hurdles, duplication, and costs associated with managing third-party risk. Increasingly, a bank's ability to compete in the marketplace will depend on its ability to leverage the expertise of third-party service providers.

July 22, 2020

On July 20, 2020, the FDIC issued a Request for Information (RFI) seeking input on the pros and cons of creating a public/private standards-setting organization (SSO) that would ease the time and burden associated with banks' third-party due diligence obligations.

December 19, 2019

On December 12, 2019, the FDIC and the OCC proposed major revisions to the regulations implementing the Community Reinvestment Act (CRA).

November 15, 2018

Docket ID OCC–2018–0008