When it comes to The Community Reinvestment Act (CRA), many banks have been lulled into a sense of complacency, with the majority of banks passing the requirement in only the “satisfactory” bracket or below.
But the regulatory environment is evolving, and while the words of the CRA-statute have not changed, the expectations of the regulators are expanding faster than ever before.
Steve Bartlett, former CEO & President of the Financial Services Roundtable, has summarized these changes in the guide:
"10 Big Ideas to Improve Your CRA Outcomes.”
Review the guide and you'll learn:
- Strategies to help banks keep pace with evolving regulations
- How to harness technology to add scale & scope to your CRA
- The top 10 recommendations for improving your CRA