Start Date: 9/27/2023 9:00 AM MDT
End Date: 9/27/2023 10:30 AM MDT
Location:
United States
The Community Reinvestment Act (CRA) was enacted to encourage banks to “meet the credit needs of their local communities, including low- and moderate-income (LMI) neighborhoods, in a safe and sound manner.” Throughout the last three years, the regulatory agencies have worked on revising the CRA to strengthen its original intent while modernizing it to reflect current banking practices. Last year the Agencies issued a notice of proposed rulemaking (NPRM). While the regulators review the numerous comments from bankers and industry leaders before issuing a final ruling, banks are expected to continue to meet the current rule’s requirements.
This session will dive into the rule and provide best practices to prepare your CRA program to meet regulatory expectations. Whether you are a small, intermediate-small, or large bank, you’ll learn the current guidelines that apply to you and what is proposed for the future. Join us for this jam-packed session!
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