Your bank has the resources to achieve an outstanding CRA rating. (Community Reinvestment Act) (BMA Bulletin: Information Center Issues): An article from: Bank Marketing

This digital document is an article from Bank Marketing, published by Bank Marketing Assn. on August 1, 1992. The length of the article is 782 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: Two cost-effective approaches to complying with the Community Reinvestment Act (CRA) of 1977 are available to community banks. One is through the use of creative and enjoyable techniques in becoming involved in community projects. Some of the banks that have taken this route to CRA compliance are Chicago's Liberty Bank for Savings which raised funds for the National League of POW/MIA Families by selling coffee mugs, and Cleveland's Society Bank which donated bicycles to the Dayton Fifth District Bicycle Patrol Squad. The second approach is indirect involvement in community projects through a community development corporation (CDC). The banks provide funds for projects and the CDC manages these subsidies.

Citation Details
Title: Your bank has the resources to achieve an outstanding CRA rating. (Community Reinvestment Act) (BMA Bulletin: Information Center Issues)
Publication:Bank Marketing (Magazine/Journal)
Date: August 1, 1992
Publisher: Bank Marketing Assn.
Volume: v24 Issue: n8 Page: p44(2)

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