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,...
Episode 68: CRA Tips: Regulatory Change Part II: Reputational Risk https://staging.cratoday.com/wp-content/uploads/2023/07/068-CRA-Tips-podcastV2.mp3 Regulators are continuing to enhance their focus on oversight, supervision, and enforcement, and the CRA is no...
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...
Are you part of a small CRA team? Many CRA departments are made up of only one or two people, and this makes it difficult to get everything done. You’ve been charged with meeting the credit needs of your community, which means tracking, managing, and reporting your...
The new year comes with a lot of exciting possibilities and is a great time to reflect on your CRA program. It’s time to look back at what your program has accomplished in the past year and look forward to what impact you can forge this new year. Creating an annual...
