Episode 77: CRA Tips: CDCs - Your Partners in Community Development https://staging.cratoday.com/wp-content/uploads/2023/09/077-CRA-tips-podcast.mp3 I recently walked a CRA officer through a potential loan transaction in partnership with a community development...
Episode 74: CRA Tips: What "hooks" could a loan to a nonprofit fall under? https://staging.cratoday.com/wp-content/uploads/2023/09/074-CRA-tips-podcast.mp3 Recently, I was approached by a CRA professional in the industry who was about to be examined. They...
At some point in your journey as a Community Reinvestment Act (CRA) officer, you will likely find yourself involved in a community-based public-private partnership economic development project. When this happens, your bank may have the opportunity to finance the...
Are you ready for your next CRA exam? If you’re like most CRA professionals, preparing for a CRA exam is a never-ending process. One way to make this process a little more manageable is by creating a CRA self-assessment. Most CRA officers find that once they create a...
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...
