Community development lending is a critical tool for driving impact and building stronger communities, but it requires a deep understanding of regulatory compliance and risk management. Compliance professionals and lenders are essential partners in this process,...
When you understate your community development loans you are compromising your bank’s lending performance under the CRA which is the most heavily weighted aspect of the CRA. As you know, if you don’t meet the credit needs of your communities, this can lead...
Are you ready to partner with a Community Development Financial Institution (CDFI), but aren’t sure where to start? We’ve talked a lot about the value and power of CDFI partnerships over the last few weeks, and I know it can be overwhelming to get started. Today I’m...
Ever wish you could find a way to multiply your financial institution’s impact on the community and improve your CRA performance? Equity Equivalent Investments might be just what you’re looking for! Equity Equivalent Investments, or EQ2s, are investment tools your...
No, we are not out of our minds here. Placing deposits, making an investment or even providing a grant to a Minority Depository Institutions (MDIs) may count towards your CRA program. Well then, how does this work? Today I’ll share how partnering with a Minority...
Struggling to find ways to bring affordable, flexible capital into your community while creating net income for your bank? A partnership with a Community Development Financial Institution (CDFI) might be the answer you’re looking for! As you know, your bank is...
