The New CRA Rule: The Biggest Changes and Challenges You May Face

While there are some welcome changes in the new CRA rule, it will also bring many challenges and growing pains to institutions unprepared for complex changes and more rigorous standards.

Regulators have stated that the new rule will “raise the bar” when it comes to passing your CRA exam. And exam failure rates are estimated to increase by 10 times! This may sound scary, but there are steps you can take now to prepare your program for challenges and give yourself the best chance when the new rule takes effect (hint: some parts of the new rule start sooner than you think). 

Watch this webinar to hear from CRA expert Len Suzio, President of GeoDataVision. Len will address the three biggest changes to the CRA Rule, as well as the biggest challenges you may face and how to overcome those challenges. We’ll discuss the types of assessment areas in the new rule, the new Retail Lending Test and how it will be applied, the Community Development Financing Test, and more.

The ABA has approved this webinar for 2 CERP, CFMP, and CRCM credits.

The views and opinions expressed in this webinar are those of the presenter, and do not necessarily reflect the views of Kadince, Inc.