CRA & Community Development: What Counts and What Doesn’t

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SKU: SWCDV Category: Tag:
Overview

Recorded: December 10, 2024
Presented by: Ginger McCullough, Manager, Forvis Mazars, LLP and Brian Waters, President, Chief Operating Officer and Co-Founder of findCRA

Understanding which loans, investments and services count as community development for CRA is critical.  With hundreds of pages of regulation, Q&As and other guidance, it can be hard to know exactly which activities are considered CRA-qualified and which aren’t.

During this two-hour webinar we’ll discuss regulatory guidance and expectations for identifying and tracking CRA-qualified community development loans, investments and services.  We’ll dive into how to determine and document which activities to include for CRA consideration at your next examination.

HERE’S WHAT YOU’LL LEARN:

  • How community development defined under CRA
  • Which types of activities qualify for CRA credit
  • How to identify and document a community development loan
  • Best practices for documenting qualified investments
  • Strategies for reviewing CRA-qualified donations and grants
  • Requirements to ensure employee volunteer service is CRA-eligible
  • Interagency guidance regarding community development activities
  • Ask your questions to our CRA subject matter experts
Who Should Listen

Anyone in your bank that has a role in CRA management including CRA Officers and staff, community development, compliance, risk management, audit, C-Level, Board of Directors, mortgage lending, commercial lending, retail operations, community development, marketing, human resources, corporate social responsibility and retail operations.

Program Level: Basic

Prerequisite: Basic Knowledge of CRA Regulations

Advanced Preparation: None

Field of Study: Specialized Knowledge

Copyright Disclaimer

Any recording, transmission, retransmission, or republishing of any portion of this webinar is prohibited.

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