Kutak Rock attorney Jeff Makovicka authored the article “Community Reinvestment Act Modernization: A Touch Up or a Total Overhaul?" for the September/October 2018 issue of Nebraska Banker.
In the article Makovicka explains that currently there are a number of possible reforms to the existing Community Reinvestment Act (CRA) framework, and whether regulators implement a significant overhaul or just a touch-up remains to be seen. Makovicka advises banks to submit comments to the Office of the Comptroller of the Currency (OCC).
The article appears as the Counselor's Corner feature in Nebraska Banker and can be read in its entirety here. (See page 12.)Nebraska Banker is the official publication of the Nebraska Bankers Association.
Makovicka, a partner in the firm’s Omaha office, counsels public and private companies in connection with regulatory compliance mergers and acquisitions, and corporate governance. His practice concentrates on banking matters and he represents banking and other financial institutions and their boards of directors on the strategic policy and regulatory aspects of mergers and acquisitions, joint ventures, establishing subsidiaries, capital raises, restructuring transactions, and investments by and in banking organizations.