CRA Rating Bootcamp

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

The Biden administration has dramatically increased regulators’ focus on Community Reinvestment Act (CRA) compliance. Federal agencies are actively addressing fair lending and making CRA exams tougher. Even financial institution merger evaluations now have a significant CRA component.

You must build a strong CRA program that adheres to laws and regulations while fulfilling the goal of 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:

• 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