Preparing for your Next CRA Exam in an Uncertain CRA Reform Environment

The events of the last 18 months have made CRA compliance even more challenging. From the legislative and regulatory turmoil to the changes brought about by the COVID pandemic CRA officers find themselves in uncertain territory.  Join Dr. Ken Thomas as he explores these and other CRA issues. Topics will include:

  • A quick summary of the state of CRA reform at the Fed, FDIC and OCC
  • Likely timing and results of CRA Reform
  • Does your bank really want an Outstanding CRA rating?
  • Ensuring your bank gets proper CRA credit for its PPP lending and loan modifications
  • Being aware of possible Section 109 violations at out-of-state branches
  • Unofficial rating guidelines for Community Development Loans, Investments, and Services (answering “How much is enough?)
  • What to look for and what to avoid in CRA investments
  • Problems with short and sometimes rushed virtual CRA exams
  • Dealing with a “rogue” examiner or EIC
  • Summary: Top Ten Takeaways for Your Next CRA Exam

  This webinar has been approved for 1.25 CRCM

Ken Thomas  PRESENTER: Kenneth H. Thomas, Ph.D. is the nation’s leading expert and author on the Community Reinvestment Act (CRA).  He has testified in Congress, advised regulators, trained federal bank examiners, and written numerous articles and two books on CRA, including The CRA Handbook (www.CRAHandbook.com); many of its recommendations were implemented into current CRA regulations.

Most recently he was asked by the Treasury Department, some individual bank regulators, and members of Congress for his input on CRA reform, and some of his recommendations regarding branchless banks were in the final OCC rules.

Dr. Thomas has worked with banks, regulators, and even community groups in a consulting capacity since the 1977 CRA law was established.  He was a recipient of one of the first three Awards of Excellence from the National Community Reinvestment Coalition (NCRC) in 1994, the other two awarded to Representative Joe Kennedy and Comptroller of the Currency Eugene Ludwig. He is a regular speaker and writer in the banking industry, mainly in the American Banker and The Hill and he has appeared frequently on ABC radio, Bloomberg radio and TV, CNN, CNBC, MSNBC, Nightly Business News, and NPR.

Dr. Thomas has also launched and acted as Chair of the Board of Trustees of two different nationwide CRA investment mutual funds, including The Community Development Fund (www.CommunityDevelopmentFund.com) launched in April 2016 (ticker CDCDX).

WHO SHOULD ATTEND: CEOs, CFOs, CRA Officers, Compliance Officers, Risk Officers, Loan Officers, auditors, and lending compliance professionals.

Date: October 27, 2021 Time: 2:00 pm - 3:00 pm EST