Under federal law the Sunshine Act regulation stipulates financial institutions and our community development partners (non-governmental entities or persons - NGEPs) are required to publicly disclose and file, both quarterly and annually, reports regarding certain transactions and "covered agreements".

These agreements must:

• Be in writing between the financial institution and NGEP.
• Include payments or grants of $10,000 or more or loans of more than $50,000 in any calendar year.
• Be made in fulfillment of CRA.
• Be a CRA communication between the parties.