You should view the 1995 CRA ratings as a game. You need to learn how to play the game well.
The challenge of playing the game is made more difficult as the agencies continuously change the rules of the game. This program contains core knowledge needed by all lenders to comply with the 1995 rule and to understand the current direction.
The crazy roller coaster we call CRA continues to cause challenges for institutions. Understanding and being able to navigate the perplexities is key to getting it right.
What You’ll Learn
- A review of the basic requirements of CRA and its implementation regulations, including:
- Performance tests, standards, and ratings
- Assigned ratings
- Assessment area delineation
- Public file requirements
- CRA notices
- Community Development activities
- An explanation of the annual adjustment to the asset-size thresholds used to define “small institution” and “intermediate small institution”
- An update on the status of the revisions of the CRA regulations
- Valuable insight for community development activities and how to track them
Who Should Attend
This program is ideal for management of the loan department, compliance officers, CRA officers, marketing staff, and auditors.