St. Louis Fed Presents: The Community Reinvestment Act - Separating Truth from Myths

ST. LOUIS ― The Community Reinvestment Act (CRA) has played an integral part in expanding access to credit in communities and to borrowers across the United States.

But banking has changed a lot since the bill was passed in 1977, now with fewer bank charters and branches. And nonbank financial firms, who do not have CRA obligations, are growing in number and size.

On Thursday, Jan. 16, Julie Stackhouse, executive vice president and managing officer of supervision, credit, community development and learning innovation for the Federal Reserve Bank of St. Louis, will discuss:

A panel discussion and audience Q&A will follow Stackhouse's presentation.

WHEN: 6:30 p.m., Jan. 16, 2020

WHERE: Federal Reserve Bank of St. Louis

Broadway and Locust St.

St. Louis, Mo. 63102

This presentation is part of the St. Louis Fed’s evening discussion series, called Dialogue with the Fed: Beyond Today's Financial Headlines.

Reporters are invited to attend the event. Contact Maria Hasenstab at Maria.E.Hasenstab@stls.frb.org to RSVP.