It has been years since the federal bank regulatory agencies overhauled the Community Reinvestment Act regulations, but they are constantly tinkering with the rules. An update to the Interagency Questions and Answers Regarding Community Reinvestment (Interagency Q & A), published on July 25, 2016, clarified:
In several recent cases, CRA ratings have been downgraded between examinations as a result of activities outside the general scope of CRA. After an absence of several years, CRA agreements - negotiated with community groups at the time of merger or expansion - have reappeared.
In late December, the federal bank regulatory agencies published amendments that adjust the asset-size thresholds used to define “small bank” and “intermediate small bank.”
Bankers should view CRA ratings as a game. You need to learn how to play the game well. The challenge of playing the game is made more difficult as the agencies continuously change the rules of the game. This program contains core knowledge needed by all lenders to implement the new CRA rules. Also:
The detailed manual is a great desktop reference; and
The presenters have decades of experience with this topic.
Who Should Attend?
Management of the loan department, Compliance Officers, CRA Officers, marketing staff and auditors