About This Course:
Limited Spots available! Join us for this special 2.5-hour class and workshop for community bankers to explore the requirements and the environment for CRA Small Bank standards. We will discuss how we got here, and where we stand in terms of expectations as of the workshop date.
Of course we will briefly review the history of CRA, its basic requirements that all community banks must demonstrate, and lay out steps to prepare for your next CRA exam. We will review policy, training, and management CRA assessment. We will share common errors and exam findings to highlight potential gaps in your own process. Finally, we will break into groups to explore the operationalizing of CRA compliance and the nuts and bolts of your CRA program.
What You'll Learn:- Community Reinvestment Act overview
- Discussion of potential upcoming changes
- Current status of CRA for Small Banks
- Elements of a successful Small Bank CRA Program
- Intermediate Small Bank Status: did you fall into the trough of under $600 million?
- Relationship of CRA to Fair Lending
- An understanding of Reasonably Expected Market Area (REMA) and red-lining
- Common errors and audit findings in CRA exams
- Internal controls to support the CRA Program
- Step through Small Bank self-analysis process
- Ideas/tips/tools from other bankers to try in your bank
Continuing Education Credits:
Click the 'Credits' tab above for information on PHR/SPHR, PDCs, and other CE credits offered by taking this course.