Comptroller of the Currency Joseph Otting recently helped lead a community tour of Memphis, Tenn., to highlight successful examples of financing community reinvestment, economic revitalization and financial empowerment.
The tour brought together more than 60 bankers and community leaders to discuss a proposed rulemaking that would modernize Community Reinvestment Act regulations.
Read on for more information on the proposal, which could spur increased bank financing for small business.
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