Community Reinvestment Act Compliance
Community Reinvestment Act compliance is reviewed in a separate Regulatory Examination. A CRA Exam results in one of the following ratings:
- Outstanding
- Satisfactory
- Needs to Improve
- Substantial Noncompliance
A "Needs to Improve" or "Substantial Noncompliance" rating can have significant negative consequences, including prohibitions on (i) opening new branches; (ii) mergers; and (iii) acquisitions. Such prohibitions remain in place until CRA compliance is determined to have improved.
Ensure CRA Compliance Proactively
Do not leave your institution's CRA compliance to chance ! Our services include:
- Review of your current program
- Lending Test Analyses
- Investments Analyses
- Community Services Analyses
Your institution's size determines the applicable CRA tests. We analyze your program and will advise you on needed improvements to ensure CRA compliance.
Click below to access our CRA marketing brochure !
Why Us For CRA Compliance ?
We will be brutally honest with you as to what you need to do to attain CRA compliance. We give you options - usually a variable mix of lending solutions, investments, and community development services, along with policies, procedures, and review processes, to show that your CRA program has been well thought out and executed !
Reach Out to Us Today
Let us help you achieve CRA compliance. Reach out today for a free consultation !