CRA REFORM: The four banking agencies revamped the Community Reinvestment Act rules, replacing the 12 assessment factors with a three- prong test focusing on lending, service and investment. Regulators will judge a bank's performance against the institution's size and the community's credit needs. The rules also provide a streamlined exam for small banks, a special test for wholesale banks, and new reporting requirements for small-business loans. Published May 4. To become effective in stages, starting Jan. 1.

TYING: The Fed amended Reg. Y to allow institutions to reduce or waive fees for customers who maintain a minimum balance in a bank product, such as a checking account, and nonbank products, such as brokerage accounts. Currently, customers cannot combine bank and nonbank accounts to get discounts. Published April 25. Effective May 26.

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