Community Development & Engagement
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The Richmond Fed Community Conversations team visited two South Carolina counties that are partnering with schools to prepare a skilled workforce.
The Richmond Fed Community Development team hosted the Rural Investment Collaborative retreat in Charlotte in early November.
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Richmond, VA
The Federal Reserve Bank of Richmond, Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation are sponsoring a training on the Community Reinvestment Act (CRA) 101 for bankers only. The workshop will cover CRA Basics designed for new and less experienced CRA bank officers.
The Office of the Comptroller of the Currency (OCC), the Federal Reserve Bank of Richmond (FRBR) and the Federal Deposit Insurance Corporation (FDIC) are sponsoring a virtual workshop on the Community Reinvestment Act.
Designed for community-based organizations, this workshop will review the regulation and discuss ways through which community organizations can collaborate more effectively with banks. Topics discussed include an overview of the CRA, understanding the impact of bank performance context, the types of bank activities that qualify for CRA consideration and strategies to develop successful partnerships with banks.
Richmond Fed president Tom Barkin and Federal Reserve Board Governor Michelle Bowman will lead a discussion about the lingering impact of the pandemic on the economy and the workforce. The general public is invited to listen in, via livestream, as Barkin, Bowman and several special guests explore the challenges and opportunities that exist as the region served by the Richmond Fed continues the transition to a new normal.
Our survey of community college outcomes better reflects how the institutions are serving their students and communities than current data collection methods.
Reinvestment Act (CRA) was enacted by Congress in 1977 to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low-and moderate-income (LMI) neighborhoods.
Fed Communities serves as an online gateway to information that address barriers to economic growth and promotes fair and informed access to financial markets. The community development materials housed here are provided by all 12 Federal Reserve Banks and the Federal Reserve Board of Governors.