Between keeping up with Community Reinvestment Act (CRA) modernization efforts, the finalization of Section 1071 of the Dodd-Frank Act, and increased fair banking scrutiny, compliance officers have plenty on their plates. No matter what the outcome of the proposed CRA...
https://staging.cratoday.com/wp-content/uploads/2023/11/082-CRA-tips-podcast.mp3 As most of you know, the public file is a straightforward requirement of the CRA. Its purpose is to disclose basic information about your bank, its products and services, and how you...
https://staging.cratoday.com/wp-content/uploads/2023/09/076-CRA-podcast.mp3 Sarah Hope Marshall joins me here to reflect upon digital inequity in place-based community revitalization. Our discussion focuses on digital inequity and how community development...
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...