Illinois General Assembly - Illinois Compiled Statutes

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20 ILCS 3205/6.2

(20 ILCS 3205/6.2)
Sec. 6.2. Community reinvestment.

The Division shall review the federal Community Reinvestment Act performance evaluations conducted by the primary federal regulator of any financial institution regulated by the Division to monitor the efforts State chartered banks are making to meet the credit needs of the communities in which they serve, including low-income and moderate-income neighborhoods, consistent with safe and sound banking practices.

The Department may electronically publish an annual report to provide the federal Community Reinvestment Act performance evaluations of State chartered banks.

(Source: P.A. 100-304, eff. 1-1-18.)