The New CRA Final Rule: Preparing Your Program, Systems & Staff
On-Demand Webinar
StreamedApr 16, 2024Duration90 minutes
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
The Community Reinvestment Act (CRA) was enacted to encourage banks to help “meet the credit needs of their local communities, including low- and moderate-income (LMI) neighborhoods, in a safe and sound manner.”
Over the last several years the
regulatory agencies have worked on revising the CRA to strengthen its original
intent while modernizing it to reflect current banking practices. The final
rules have finally been issued and now we know what changes to expect. Join us
to learn more!
AFTER THIS
WEBINAR YOU’LL BE ABLE TO:
- Understand the current regulatory requirements and how upcoming changes may impact your CRA program
- Identify technical requirements for banks of all sizes
- Develop effective CRA compliance strategies
- Maintain adequate documentation to support your institution’s CRA efforts
- Conduct a thorough CRA self-assessment
- Communicate your CRA efforts to the board
WEBINAR DETAILS
This
session will dive into the rules and provide best practices for preparing your
CRA program to meet current and upcoming regulatory expectations. It will
compare and contrast what is expected now and what will be expected once the
new rules go into effect, including the impact the new rules have on asset size
determination for performance tests, standards under new and current tests, and
activities to be considered for community development.
No matter the size of
your bank, this program will provide a comprehensive review of the applicable rules
and provide best practices for updating policies, procedures, and practices. Join
us for this jam-packed session!
WHO SHOULD ATTEND?
This informative session
is designed for CRA officers, compliance officers, lending officers, and
internal auditors.
TAKE-AWAY TOOLKIT
- CRA tracking log
- CRA action plan
- CRA self-checklist
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission,
or republishing of any webinar to other institutions or those not employed by
your institution is prohibited. Print materials may be copied for eligible
participants only.
TESTIMONIALS
"The class was very informative and the materials provided were a good resource."
- Dinna, Legacy Bank
Presented By
Brode Consulting Services, Inc.
© 2024 FINANCIAL EDUCATION & DEVELOPMENT, INC