Community Reinvestment Act ("CRA")
During the 81st 2021 Nevada
Legislative session, Senate Bill 145 (“SB145”) was enacted, amending Chapter
665 of Nevada Revised Statutes and becomes effective October 1, 2021.
SB145 requires a financial institution
subject to the Community Reinvestment Act (“CRA”) to notify NFID of the current
CRA rating as soon as the CRA rating becomes available. NFID is required to
post the rating on its website and report the information to the Legislative
The information is due on an annual basis
on or before December 31st, with the first due date of December 31,
2021. Please submit the below information:
of Date for CRA Rating
OCC or FRB regulated
- Number of training sessions conducted
Submit the information to: firstname.lastname@example.org with a subject
line of SB145-Institution Name.