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.
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