CRA Today: Enhancing Your Policy, Procedures & Program

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.” The regulatory agencies take your CRA exam results into account when considering certain applications, such as deciding whether to approve an application for a new deposit facility or to merge or acquire another institution.  This program will explore the exam procedures for small, intermediate, and large institutions and compare the expectations for each under the various performance tests. It will detail the contents of a compliant public file, as well as the data collection and reporting requirements. Helpful tools and best practices will be provided to enhance your policies, procedures, and practices, and prepare you for your next exam.

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.