We reviewed an answer you provided to an FDIC-supervised Illinois bank regarding Community Reinvestment Act (CRA) lobby notices. Should Illinois banks regulated by the Federal Reserve provide the same title and address information in the CRA lobby notice, specifically: “You may request from (title of responsible official), Federal Reserve Bank of ____ (address) an announcement of applications covered by the CRA filed by bank holding companies”?

Yes, we believe Federal Reserve-supervised Illinois banks should provide the same information as FDIC-supervised Illinois banks in this section of the CRA lobby notice.

The federal banking agencies have released Interagency Guidance regarding the CRA public lobby notice that directs FDIC, OCC, and Federal Reserve-supervised institutions to list the “Officer in Charge of Supervision” as the responsible official for Federal Reserve Banks. We have reached out to the Federal Reserve Bank of Chicago in the past, and they have confirmed that this title should be used in the CRA lobby notice. In addition, they confirmed that the address for the Federal Reserve Bank of Chicago is 230 South LaSalle Street, Chicago, Illinois, 60604.

For resources related to our guidance, please see:

  • 12 CFR Appendix B to Part 228(a), CRA Notice (“You may request from (title of responsible official), Federal Reserve Bank of ____ (address) an announcement of applications covered by the CRA filed by bank holding companies.”)
  • Interagency Questions and Answers Regarding Community Reinvestment, 81 Fed. Reg. 48505, 48556 (July 7, 2016) (“OCC-, FDIC-, and Board-supervised institutions: ‘Officer in Charge of Supervision’ is the title of the responsible official at the appropriate Federal Reserve Bank.”)