Treasury Renews Bank Good-Deed Paperwork Form, Yawn
Published Date: 10/8/2026
Notice
Summary
The Office of the Comptroller of the Currency (OCC) is renewing its form that banks use to confirm activities qualifying under the Community Reinvestment Act. This renewal aims to keep paperwork manageable and invites public comments by December 7, 2026. Banks and community groups involved in CRA activities should take note, but no new fees or major changes are expected.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Estimated paperwork burden disclosed
The OCC estimates 22 respondents will use this form and that the total annual burden for the collection is 418 hours, with responses submitted "on occasion." That estimated time requirement represents an administrative cost to the banks or for‑profit entities that must complete the form.
CRA confirmation form renewed
The OCC is renewing the "Community Reinvestment Act Qualifying Activity Confirmation Request Form" (OMB Control No. 1557-0356). Banks and other interested parties may continue to ask the OCC to confirm whether an activity qualifies for CRA consideration by submitting a complete form. Comments on the renewal must be received by December 7, 2026.
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