It’s Final! CRA Modernization: What You Need to Know Now

The Federal Reserve, FDIC, and OCC released their final ruling on CRA Modernization on October 24, 2023, and the massive, 1,500-page interagency regulation features several significant changes to CRA.

This two-hour webinar examines the final rule in-depth and provides the framework to start building a plan for compliance at your bank.

TOP REASONS TO ATTEND:

Whether you’re new to the requirements or a seasoned veteran, you’ll come away from this session with:

• A comprehensive review of the changing requirements to CRA and the impact on your bank.
• An understanding of how different sized banks are evaluated, either by thresholds, ratings, or a combination.
• The key definitions of assessment areas and how to address each type.
• A solid grasp of how the agencies use different performance tests and standards to assess a bank’s CRA performance, and which tests apply to each type of institution.
• Insight into how data collection and reporting comes into play.

WHO SHOULD ATTEND:

The program is designed for loan officers, compliance officers, CRA officers, loan department staff, bank counsel and auditors.