CRA Tips, regulatory change, and an occasional deep thought…
Quick tips, CRA concepts and an occasional deep thought…
CRA Today Blog
How First Northern Bank of Dixon Found the Perfect CRA Support Team
Ever feel like you’re missing the CRA support you need? Having to comply with the Community Reinvestment Act (CRA) means tracking a lot of data and learning a lot of new information. But resources are scarce for bankers coming into a CRA role, and finding this support...
What’s a Capital Stack and How Does it Work?
At some point in your journey as a Community Reinvestment Act (CRA) officer, you will likely find yourself involved in a community-based public-private partnership economic development project. When this happens, your bank may have the opportunity to finance the...
Consumer Loans and the CRA: Weigh Your Options Carefully!
As a CRA officer, you know how important it is to get consideration under the CRA for as many loans, services, and investments as possible. This means that some banks like to include their consumer loans under their lending performance during a CRA exam. While this...
Want a Smooth CRA Exam? Appoint an Exam Liaison
What was your last CRA exam like? Did it run perfectly smoothly? Did you hand your CRA examiners your self-assessment, shake hands, and tell them you’ll see them next exam? Probably not. Chances are it was a hectic week of pulling reports, responding to questions,...
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?...
Free Reference Guide
Regulatory Change Preparation Guide
After the Final Rule was released in October of 2023, we all seem to find
ourselves asking this same question, what now?
Compliance and CRA professionals tend to be balancing a lot of items on their plates and may not have the time they’d like to sit and review the final rule.
Navigating the new rule while finishing strong with the current rule can
seem daunting. This guide will help CRA Professionals as well as Chief Risk Officers in formulating a plan for regulatory change and provide the key risks to consider with questions to discuss with your team.
