Community Reinvestment Act: In Depth

This Community Reinvestment Act: In Depth online training course explores the Community Reinvestment Act (CRA) requirements. In this course, you will review the purpose and key provisions of the Community Reinvestment Act, the CRA performance evaluation framework, the requirements for delineating assessment areas and maintaining CRA-related records, and how banks demonstrate compliance through loans, qualified investments, and community development services.

Course Learning Objectives

By taking this online Community Reinvestment Act: In Depth course, the user will learn:

• The purpose and key provisions of the Community Reinvestment Act including its historical context, regulatory implementation under Regulation BB and the role of the federal financial supervisory agencies.
• How to identify and describe the CRA performance evaluation framework, including the different types of examinations and the criteria used to assign ratings.
• How to analyze the requirements for delineating assessment areas and how maintain CRA-related records.
• How to differentiate among the CRA tests and evaluate how banks demonstrate compliance through loans, qualified investments, and community development services.

Course Outline

This online Community Reinvestment Act: In Depth course is made up of the following sections:

1. Assessing Performance
2. Assessment Area
3. Performance Evaluations
4. Lending Test
5. Community Development Test
6. Investment Test
7. Service Test
8. Wholesale & Limited Purpose Banks
9. Strategic Plan
10. Records, Reporting & Disclosure Requirements
11. CRA Public File & Notice

Course Audience

This Community Reinvestment Act: In Depth online training course was designed for bank employees that oversee the Community Reinvestment Act, Compliance and CRA Officers.

If you have any concerns as to whether this course is appropriate for you or your industry, please browse our full selection of online courses.