Quick tips, CRA concepts and an occasional deep thought…
CRA Today Blog
Essential Steps Every CRA Officer Must Address to Ensure a Smooth CRA Exam
In last week’s blog post, we outlined the milestones a regulator goes through during an exam. Now that you have a solid handle on how the examiners approach a CRA examination, it's your turn to anticipate their approach and ensure a smooth review of your CRA program...
The CRA Exam Cycle From a Regulator’s Perspective
Your bank is steadfast in meeting the credit needs of all businesses both large and small in your communities. Your job is making sure you capture and identify all eligible community development activities going into a regulatory exam. But what about your regulator?...
What Bank Boards and Executive Leadership Need to Know About the CRA
All successful programs have support from the top, and CRA isn’t any different! It’s important to keep your bank board and executive management briefed on your CRA program. But how do you do this? In this dated but still relevant article published by the Federal...
CRA Self-Assessments: Why You Need One and Where To Start
Are you ready for your next CRA exam? If you’re like most CRA professionals, preparing for a CRA exam is a never-ending process. One way to make this process a little more manageable is by creating a CRA self-assessment. Most CRA officers find that once they create a...
Where to Start if You’re New to the Community Reinvestment Act (CRA)
If you don’t have a large CRA team, haven’t had much training, or just inherited your bank’s CRA program, you’re probably feeling a little overwhelmed. It’s hard to run a CRA program during the best of times, but it may seem impossible during a pandemic. This is...
Who exactly is responsible for your bank’s CRA program?
If you said “the CRA Officer,” I want to challenge your thinking on that. You should consider your bank’s CRA program to be the responsibility of every employee in your company, from the tellers on the bank floor to the back office employees and all the way up to the...