Overview of New CRA Rules 2024 | OnCourse Learning | 9 January 2024 | Webinar

It has been years since the federal bank regulatory agencies have overhauled the Community Reinvestment Act (CRA) regulations. Right now, major revisions are unfolding, but in an awkward manner. Bankers should view CRA ratings as a game. You need to learn how to play the game well. The challenge of playing the game is made more difficult as the agencies continuously change the rules of the game. This program contains core knowledge needed by all lenders and pending changes to ensure your institution wins the game.

What You'll Learn:
• Previous and revised performance tests, standards, and ratings
• Assessment area delineation under the new facility-based and deposit-based methods
• New concepts such as retail deposits, retail lending product lines, and qualifying activities lists
• Evaluation concepts such as CRA Evaluation Measures, geographic distribution tests, and borrower distribution tests
• Expanded data collection requirements
• Community Development activities under the previous and revised regulations
• The status of “intermediate small banks." Will the category continue to exist?
• How small is a "small bank" under previous ($1.305 billion) and new regulations ($600 million)
• A review of the CRA Questions and Answers, exam results, and CRA agreements
• Public file requirements

2024 Speakers

Kimberly Boatwright
EVP and Director of Risk and Compliance,
Compliance Resource, LLC