CRA Rating Bootcamp

CRA expert Rheanna Rodriguez will walk through a comprehensive plan you can follow to establish a robust program in your institution. You will learn how to update policies and practices to comply with the new regulations.

Benefits of Bootcamp

  • Encourage banks to expand access to credit, investment, and banking services in LMI communities.
  • Adapt to changes in the banking industry, including internet and mobile banking.
  • Provide greater clarity and consistency in the application of the CRA regulations.
  • Tailor CRA evaluations and data collection to bank size and type.
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    Bootcamp
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    Regular price $478.00
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    Monday, March 18 - Wednesday, March 20, 2024; 2:00 PM Eastern

    3 Sessions scheduled for 60 minutes including question and answer period.

    INFORMATION
    Training Overview

    Increased CRA Regulatory Scrutiny. Learn how to meet compliance requirements.

    On October 24, 2023, federal bank regulatory agencies jointly issued a final rule to strengthen and modernize regulations implementing the Community Reinvestment Act (CRA). The sweeping changes address several goals:

    • Encourage banks to expand access to credit, investment, and banking services in LMI communities.
    • Adapt to changes in the banking industry, including internet and mobile banking.
    • Provide greater clarity and consistency in the application of the CRA regulations.
    • Tailor CRA evaluations and data collection to bank size and type.


    You must build a strong CRA program that complies with the updated regulations while fulfilling supporting low- and moderate-income (LMI) neighborhoods. The FDIC, FRB, OTS, and OCC take these responsibilities very seriously, using CRA Ratings and Performance Evaluations to ensure compliance.


    To help you maintain or improve your institution’s rating and support your community, we are offering a series of three information-packed webinars:

    CRA Rating Bootcamp

    Webinar 1: CRA: Community Development Activities

    • Quality community development activities
    • Evaluation of community development activities
    • Different evaluations based on bank size
    • Break down of each community development hook
    • How to provide context to your institution’s community development activities
    • Documentation best practices

    Webinar 2: CRA: Transition From Small to ISB or ISB to Large Bank Test

    • How to prepare for a transition from a small bank to an ISB
    • How to prepare for a transition from an ISB to a large bank
    • Importance of a CRA strategy and goals
    • Importance of creating a CRA program
    • Importance of monitoring lending levels and trends
    • Creation of a self-assessment

    Webinar 3: How to Build a Strong CRA Program

    • What should be included in your institution’s CRA program
    • Why creating a committee is necessary
    • Why understanding the strategic plan is important
    • What you should include in your monitoring program
    • How you should analyze your CRA applicable data
    • How to leverage existing practices
    Recommended Audience
    Who Should Attend?
    • Bank chief executives
    • Executive directors
    • Board members
    • CRA officers
    • Community development officers
    • CRA staff
    • Compliance staff
    • Financial staff
    • Communications professionals
    • Risk officers
    • Auditors
    What's included
    Training includes
    • Certificate of Attendance
    • All resources and training materials
    About

    Expert Presenter

    Rheanna Rodriguez
    • SVP, Director of Specialty Regulations at First Foundation Bank (FFB)
    • Oversees the risk assessment program
    • Previously a commissioned compliance examiner for the Southern California territory at the Federal Deposit Insurance Corporation (FDIC) for eight years
    • Led numerous compliance and CRA examinations at institutions ranging from $40 million to $60 billion in total assets size
    • BA in business administration with a concentration in marketing from the California State University, San Bernardino
    • MA in management from the University of Redlands