Community Reinvestment Act:
What does CRA stand for? We continue to see interpretations and changes occurring in our industry that inevitably have an impact on the banks CRA rating. In this workshop we will focus on:
• the purpose,
• background, and importance of CRA,
• technical rules for banks,
• factors to consider when assessing CRA performance,
• consequences of noncompliance, and
• Updates to CRA from the CFPB rules and regulations, including REMA (Reasonably Expected Market Area) and reporting
Who Should Attend: Compliance professionals including CRA Officers, compliance managers, officers, and other compliance team members whose primary role is within the compliance function at their financial institution.
1.25 CRCM credits
1.25 CLBB credits