Limited Spots available!
Join us for this special 2 ½ hour class and workshop for community bankers to explore the requirements and the environment for CRA Small Bank standards.
We will discuss where we stand in terms of expectations as of the workshop date. Of course we will briefly review the history of CRA, its basic requirements for which all community banks must demonstrate compliance, and lay out steps to prepare for your next CRA exam. We will review policy, training, and management of a CRA assessment. We will share common errors and exam findings to highlight potential gaps in your own process. Finally, we will break into groups to explore the operationalizing of CRA compliance and the nuts and bolts of your CRA program.
What You’ll Learn
- Regulatory Basics- Community Reinvestment Act Overview
- An understanding of Reasonably Expected Market Area (REMA) and red-lining
- Current status of CRA for Small Banks
- Relationship of CRA to Fair Lending
- Relationship of CRA to Dodd-Frank 1071
- Elements of a successful Small Bank CRA Program
- Elements of a successful Intermediate Small Bank (ISB) CRA Program
- Common errors and audit findings in Small Bank CRA exams
- Internal controls to support the CRA Program
- Workshop Session: Cameras and microphones on! We will break into groups for Q & A review and ideas/tips/tools to share with your banker peers
- A materials reference manual
Who Should Attend
This workshop will be advantageous to anyone with hands-on responsibilities for the Small or Intermediate Small Bank Community Reinvestment Act or Fair Lending. The understanding of CRA requirements will also aide those in compliance as well as those handling marketing & advertising or even lending and loan administration. This can include the marketing team, loan officers, compliance officers, and auditors.
