CRA - A Law or a Game

Jun 11, 2018 02:30pm -
Jun 11, 2018 04:30pm
(GMT-5)
As we transition to a new online membership platform, CBAO will not be processing online orders from September 21-30. Please call our office at (614) 846.8124 to register for a webinar or an event. Thank you!

A list of upcoming events is presented below:

Event Description

CRA is not a game, but like playing a game once the rules are mastered results are improved. This program explains the rules.

It has been years since the federal bank regulatory agencies have overhauled the Community Reinvestment Act regulations, but they are constantly tinkering with the rules.

During November 2017 the Office of the Comptroller of the Currency, the Federal Reserve Board, and the Federal Deposit Insurance Corporation (the Agencies), published a final rule to amend their respective Community Reinvestment Act (CRA) regulations. The rule amends the definitions of “home mortgage loan” and “consumer loan” and the public file content requirements to conform to revisions made by the Consumer Financial Protection Bureau to its Regulation C, which implements the Home Mortgage Disclosure Act. The Agencies also made technical amendments to remove unnecessary cross references as a result of the amended definitions, and to remove an obsolete reference to the Neighborhood Stabilization Program. The revisions were effective on January 1, 2018.

On December 21, 2017 the federal bank regulatory agencies published amendments that adjust the asset-size thresholds used to define “small bank” and “intermediate small bank.”

On April 3, 2018 the U.S. Department of the Treasury released recommendations to modernize the Community Reinvestment Act (CRA). The recommendations were issued to the primary CRA regulators, the Office of the Comptroller of the Currency, the Federal Reserve Board, and the Federal Deposit Insurance Corporation. Treasury’s objective in developing these recommendations is to better align CRA activity with the needs of the communities that banks serve, while being conducted in a manner consistent with a bank’s safety and soundness.

Several bills currently moving through Congress may impact the community Reinvestment Act.

Topics Covered:

  • A review of the basic requirements of CRA and its implementing regulations, including:
    • Performance tests, standards, and ratings;
    • Assigned ratings;
    • Assessment area delineation;
    • Public file requirements;
    • CRA notices; and
    • Community Development activities;
  • An explanation of the adjustment to the asset-size thresholds used to define “small bank” and “intermediate small bank,”
    • A review of recent redlining cases; and
    • A review of the recently published final amendments to the CRA regulations.

Who Should Attend?

The program is designed for management of the loan department, Compliance Officers, CRA Officers, marketing staff and auditors.

REGISTRATION OPTIONS

If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.


Event Type:Webinar &/or On-Demand Link/CD
Early registration ends on May 04, 2018.
Regular registration starts on May 05, 2018 and ends on Jun 14, 2018.
Late registration starts on Jun 15, 2018.
(GMT-05:00) Eastern Time (US & Canada)

 

Registration Fees
Fee TypeEarlyRegularLate
 Live Webinar
Member Fee: $265.00$265.00$290.00
Non-Member Fee: $400.00$400.00$425.00
 Additional Hookups
Member Fee: $175.00$175.00$175.00
Non-Member Fee: $260.00$260.00$260.00
 On Demand Link & "FREE" CD Rom
Member Fee: $345.00$345.00$345.00
Non-Member Fee: $490.00$490.00$490.00
 Both Live & On Demand Link (Includes CD Rom)
Member Fee: $395.00$395.00$420.00
Non-Member Fee: $600.00$600.00$625.00