Iowa Bankers Insurance & Services, Inc. Iowa Bankers Mortgage Corporation
Iowa Bankers Association
8800 NW 62nd Avenue
Johnston, IA 50131
Toll-Free: 800-532-1423
Local: 515-286-4300
Fax: 515-280-4140

Event Detail

Event Description

Writing a dynamic CRA context report can show examiners not only that your financial institution understands the community demonstrate why your CRA program qualifies for a "Satisfactory" or possibly "Outstanding" rating credit needs, but that you are effectively meeting the needs in the assessment areas you serve. We will review the steps required to establish your case and PASS THE EXAM!

A primary goal of 1977's Community Reinvestment Act (CRA) was to reverse the effects of redlining, a practice by which the federal government and banks actively avoided lending to borrowers from lower-income and minority neighborhoods. CRA ratings are important for two reasons - they are available to the public, and a satisfactory rating is required to approve expansions and acquisitions. Learning what "counts" in the various CRA tests is critical. The OCC has taken a solo lead in proposing that a new CRA rule will strengthen and modernize the exam process; this rule was made final in June, 2020 with compliance dates based on performance standards by January 1, 2023. The Federal Reserve issued notice of rulemaking in October, 2020 that the FDIC has not yet joined. The American Bankers Association has urged the three banking regulators to “craft a modern regulatory framework that can be adopted by all three agencies.” Regardless of potential FUTURE changes by the regulators, it's important to understand the five steps that will help you in 2021 to achieve a satisfactory rating.

Covered Topics

  • Five steps for managing a CRA exam and the importance of developing a CRA strategy.
  • Tips for banks that are ISB (intermediate small banks of $330 million in the prior two calendar years and the transition to CRA reporting when the large bank threshold of $1.322 billion is reached.
  • Learn how to document lending activity in designated disaster areas.
  • What's included in a performance context? Learn how to describe your institution, quantify the ability and capacity of the bank to meet credit needs based on financial data. Learn how to highlight the positive outcomes of your lending focus and business strategy.
  • Tips to describe your assessment area including demographic and economic data resources.
  • Best practices to deal with CRA-related complaints and potential fair lending issues that can threaten a successful exam.
  • Definitions of Community Development Loans and Services
  • Ideas for passing the Investment Test portion of the exam

Who Should Attend?

This session is "must" for CRA Officers of small, intermediate, and large institutions. The session will also benefit the Board & senior management, credit administration, lenders, compliance, and marketing professional.

Instructions

Live Plus Five - $265
Register for the live event and get five days access to the OnDemand Playback. You'll have opportunity to ask questions during the presentation and be free to review the content for the next five business days. Registration also includes links to presenter materials, handouts, and pdfs.

OnDemand Recording Only - $295
Includes a weblink for unlimited viewing for 6-months after the date of the webinar as well as a link to handouts. Does not include live session.

CD-ROM and Hardcopy Handouts - $345

CD-ROM plus Hardcopy Handouts. Does not include live session.

Live Plus Six - $365
Attend live; includes six months access to OnDemand playback. Combine the advantages of live attendance with an unlimited number of replays for the next six months.

Premier Package - $395
Includes all three options above. Live session, OnDemand Weblink, and CD-ROM plus Hardcopy Handouts.

Additional Locations
Want your branches to participate? Facilities within your organization will be able to participate without the travel costs of coming to one location.

Webinar (04/26/21 1:30PM - 3:00PM)


Online Registration

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Iowa Bankers Mortgage Corp. (IBMC) offers the products & experience Iowa banks need in the secondary mortgage market.

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Iowa Bankers Insurance & Services (IBIS) offers Iowa banks a full line of insurance products.

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