Community Reinvestment Act (CRA) Management

"The Kadince software made a significant difference during our recent FDIC CRA exam. A process that often feels overwhelming and stressful became much more manageable, especially as we discovered how to best utilize Kadince to share the information and data we had gathered to support our community development activities."

"During our last exam, we gave examiners limited access to our Kadince system. They had never used Kadince before, so we gave them a quick tutorial and off they went. I've been doing CRA for about 20 years, and this was the first time examiners didn't have many questions because all the documentation was attached to each loan. This was the easiest exam I have ever experienced. Kadince, what took you so long?"

"Kadince has helped my team streamline the process of gathering our bank’s community development activities. We used to accomplish this task manually. We just had our CRA exam, and examiners were very impressed with the Kadince system. We gave them access to all our CD activities, and all the data was right there for them. They hadn’t encountered a bank using the Kadince system, and they expressed that it would be very beneficial if all banks used Kadince, both for the bank and the examiners. Our CRA exam data validation went smoothly without any delay, and the entire CRA exam process was completed efficiently in a timely manner."

"Examiners love that we upload everything as attachments. They don’t have to dig through hundreds of loan docs because we’ve already uploaded everything they need into Kadince. And I love that examiners don’t get to snoop around. The ‘External Reviewers’ role we assign keeps them focused. It allows them to see what they need to, but not everything in our Kadince database."

"I use Kadince to log all of the banks investments, donations, service hours and loans. I am able to review all of the information by pulling reports in Kadince and determine if any of the activities can qualify for CRA Community Development credit. It is so convenient to be able to upload all of the supporting documentation into just one system and to record your CRA CD qualifying rationale all in one place. This made it very easy and convenient for our CRA examiners to log into Kadince to view the reports and supporting documentation they needed to review for our CRA Exam. In our exit meeting, they stated that they loved working with the Kadince system and wished that all banks would utilize this software. It made our exam go very smoothly with all of the information in one place and at their fingertips."

"As a CRA Officer, Kadince, with its dynamic abilities, continues to be a gamechanger. It has transformed the way I work and manage my CRA responsibilities. Tasks that used to take hours and days to complete now take minutes, which means I spend more time being productive with a lot less effort. I no longer spend lots of time troubleshooting to meet reporting deadlines. What I most admire about Kadince is that it continues to bring new and improved features as if they were being created specifically to meet my work needs. Thank you, Kadince, for making my job so much easier!"

"Kadince has streamlined how we manage and track CRA activities, making it easier to capture donations and volunteer engagement. With more accurate volunteer hour tracking, we can clearly report where we stand and provide reliable updates to leadership. It’s an invaluable tool for strengthening our reporting and enhancing our overall impact in the communities we serve."