Interagency Q&A .27(c) – 2: How will a joint strategic plan be reviewed if the affiliates have different primary Federal supervisors?

Compliance > Regulation BB - CRA
Q:  § __.27(c) – 2: How will a joint strategic plan be reviewed if the affiliates have different primary Federal supervisors?
 
A:  The Agencies will coordinate review of and action on the joint plan.  Each Agency will evaluate the measurable goals for those affiliates for which it is the primary regulator.
 
 
 
This Interagency Q&A, and others, was released in July 2016.  The 2016 Q&As consolidates and supersedes all previously published “Interagency Questions and Answers Regarding Community Reinvestment,” and were noted as being effective immediately.  They may be found here:  http://www.ffiec.gov/cra/qnadoc.htm
 

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