In today’s Federal Register, the following federal agencies – OCC, FRB, FDIC and OTS – published notice that they will hold joint public hearings to solicit comments that can be used for future revision of the CRA regulations. These public hearing dates and locations are as follows: 1. July 19, 2010-FDIC’s L. William Seidman Center, 3501 Fairfax Drive, Arlington, VA 22201-2305. 2. August 6, 2010-Federal Reserve Bank of Atlanta, 1000 Peachtree Street Northeast, Atlanta, GA 30309. 3. August 12, 2010-Federal Reserve Bank of Chicago, 230 South La Salle Street, Chicago, IL 60614. 4. August 17, 2010-Los Angeles Branch of the Federal Reserve Bank of San Francisco, 950 South Grand Avenue, Los Angeles, CA 90015. You may also submit written comments regarding your suggested changes to the CRA regulations, whether or not you plan to attend the hearings. The procedures for attending the hearings and/or submitting written comments and the topics and questions the agencies are particularly interested in receiving are contained in the notice published in today’s Federal Register, which is attached to this memorandum for your information and use. We urge all clients affected by CRA regulations to either attend these hearings or submit written comments in order to make your concerns know.

Complete Memorandum