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.
Regional & Community Outreach connects the Bank to Main Street via structured dialogues and two-way conversations on small business, mortgages, and household credit.
Economic Education improves public knowledge about the Federal Reserve System, monetary policy implementation, and promoting financial stability through the Museum and programs for K-16 students and educators, and the community.
The Sunshine Provision Disclosure and Reporting of CRA-Related Agreements
March 9-23, 2001
Session Description The final rule to implement the CRA sunshine provision becomes effective on April 1, 2001. This provision requires nongovernmental entities or persons and insured depository institutions and their affliates that are parties to certain CRA agreements to make those agreements available to the public and to appropriate agencies. The provision also requires the parties to file annual reports concerning the funds disbursed as a result of those agreements. Join us to learn about CRA sunshine and its effect on your organization. Each session will begin at 8:30 am and will conclude by or before noon.
These meetings are sponsored by the Office of Regional and Community Affairs of the Federal Reserve Bank of New York. The New Jersey meetings are cosponsored by the Department of Community and Consumer Affairs of the Federal Reserve Bank of Philadelphia.
Who Should Attend Bankers Representatives of community organizations that receive services, grants, loans, or other funding from banks Others interested in community development
More Information For more information, please contact: John McAteer at (212) 720-2789 Donald James at (215) 574-6568