Community Reinvestment Act: Fundamentals, Documentation & Proposed Rule Changes
A strong CRA rating is important to your bank. A poor rating can significantly impede the board and management’s strategic goals and adversely affect your reputation. The CRA changes that have been proposed will be reviewed and contrasted against current expectations so you can adequately prepare.
After This Webinar You’ll Be Able to:
- Understand current regulatory requirements and how proposed changes may impact your CRA program
- Identify technical requirements for banks of all sizes
- Develop effective CRA compliance strategies
- Conduct a thorough CRA self-assessment
- Communicate your CRA efforts to the board
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!
Who Should Attend?
This informative session is designed for CRA officers, compliance officers, lending officers, and internal auditors.
- CRA tracking log
- CRA action plan
- CRA self-checklist
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your agency is prohibited. Print materials may be copied for eligible participants only.
Meet the Presenter: Dawn Kincaid, Brode Consulting Services Inc
Dawn Kincaid began her banking career while attending The Ohio State University. She has over 20 years’ experience in client service, operations, information technology, administrative and board relations, marketing, and compliance. Most recently Kincaid served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized the implementation of new products and services.
Kincaid has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer. She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits and exams, and presented for numerous state associations.
- $279 – Live Webinar Access
- $279 – OnDemand Access + Digital Download
- $379 – Both Live & On-Demand Access + Digital Download