The CRA requires the agencies to assess a bank’s record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods, consistent with safe and sound operations. Although the agencies adopted CRA final rules on October 24, 2023, the U.S. District Court for the Northern District of Texas issued an order enjoining those final rules before they went into effect. The proposed rules would also narrow the range of retail banking services the agencies consider to focus on credit services, thereby excluding deposit services. Under the rulemaking, banks with $10 billion or less in assets would not be subject to data collection, maintenance, and reporting requirements and would receive more flexible supervision. The rulemaking would streamline other requirements and increase the clarity, transparency, and objectivity associated with CRA evaluations for banks of all sizes.