CRA turnaround. (Community Reinvestment Act): An article from: Bank Marketing
Book Details
Author(s)Kenneth H. Thomas
PublisherBank Marketing Assn.
ISBN / ASINB00092CEJY
ISBN-13978B00092CEJ3
AvailabilityAvailable for download now
MarketplaceUnited States 🇺🇸
Description
This digital document is an article from Bank Marketing, published by Bank Marketing Assn. on July 1, 1991. The length of the article is 3223 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Banks should make an effort to pass the Community Reinvestment Act (CRA) examination to receive a favorable CRA rating. Banks should not ignore the CRA because noncompliance sends the wrong message to bank examiners, a bad CRA rating can hurt expansion opportunities, and compliance with the CRA can lead to new business opportunities. The steps that one community bank followed in complying with the CRA included establishing in-house CRA training sessions, analyzing the geographic distributions of deposits and loans, narrowing the geographic area that it served, evaluating its product mix, and creating a formal written CRA plan. These steps can be applied to all banks.
Citation Details
Title: CRA turnaround. (Community Reinvestment Act)
Author: Kenneth H. Thomas
Publication:Bank Marketing (Magazine/Journal)
Date: July 1, 1991
Publisher: Bank Marketing Assn.
Volume: v23 Issue: n7 Page: p20(4)
Distributed by Thomson Gale
From the supplier: Banks should make an effort to pass the Community Reinvestment Act (CRA) examination to receive a favorable CRA rating. Banks should not ignore the CRA because noncompliance sends the wrong message to bank examiners, a bad CRA rating can hurt expansion opportunities, and compliance with the CRA can lead to new business opportunities. The steps that one community bank followed in complying with the CRA included establishing in-house CRA training sessions, analyzing the geographic distributions of deposits and loans, narrowing the geographic area that it served, evaluating its product mix, and creating a formal written CRA plan. These steps can be applied to all banks.
Citation Details
Title: CRA turnaround. (Community Reinvestment Act)
Author: Kenneth H. Thomas
Publication:Bank Marketing (Magazine/Journal)
Date: July 1, 1991
Publisher: Bank Marketing Assn.
Volume: v23 Issue: n7 Page: p20(4)
Distributed by Thomson Gale
