Overview of the CRA Final Rule for Bank Directors 2024 | Independent Community Bankers of America (ICBA) | 20 February 2024 | Webinar
Venue
What is Qwoted?
Qwoted is a free expert network: we help reporters connect with experts & we help those same experts build relationships with top reporters.
| Event Date |
Wed Feb 21 UTC (10 months ago)
In your timezone (EST): Tue Feb 20 7:00pm - Tue Feb 20 7:00pm |
| Location | Webinar |
| Region | All |
Details
The banking agencies finalized significant changes to the Community Reinvestment Act (CRA). The final rule is designed to adapt CRA regulations to banking industry changes, improve clarity to regulated institutions, tailor evaluations and data collection to bank size and type, and maintain a unified interagency approach.
The final rule takes effect in April 2024 and will require mandatory bank compliance by January 1, 2026. Don't miss this high-level overview of the CRA and its requirements for each bank asset size.
Learning Objectives:
• Understand the key evaluations, important dates, and definition of a small, intermediate, and large bank.
• Learn about the bank’s assessment area and what it means in this new era for CRA.
• Know the various CRA qualifying activities and why it is important for banks to understand.
Speakers
2024 Speaker
INSTRUCTOR:
Steffani Jenkins
CRA Liaison & Business Development Officer, CRA Partners