CRA Nuts & Bolts - Five Steps to Pass the Exam

CRA Nuts & Bolts - Five Steps to Pass the Exam

CRA Nuts & Bolts - Five Steps to Pass the Exam
Tuesday, January 21, 2020
11:00 am – 1:00 pm Eastern



This webinar will focus on several simple steps to ensure a successful CRA exam outcome. We will review the steps required to establish your case and demonstrate why your CRA program qualifies for a "Satisfactory" or possibly "Outstanding" rating.

Writing a dynamic CRA context report can show examiners not only that your financial institution understands the community credit needs, but that you are effectively meeting the needs in the assessment areas you serve. We will review the steps required to establish your case and demonstrate why your CRA program qualifies for a "Satisfactory" or possibly "Outstanding" rating.

The definition of “community development changed in September, 2005 to including, among other things, activities that revitalize or stabilize designated disaster areas. A financial institution's activity will be considered to revitalize or stabilize a designated disaster area if it helps to attract new, or retain existing, businesses or residents and is related to disaster recovery and examiners will consider revitalization or stabilization activities that take place within 36 months after the date of the disaster designation. Could your financial institution be eligible to receive special consideration for lending in a designated disaster area?

What’s the status of the OCC’s proposal to reform CRA?

Topics Covered:

  • Five steps for managing a CRA exam and the importance of developing a CRA strategy.
  • Tips for banks that are ISB (intermediate small banks of $321 million in the prior two calendar years and the transition to CRA reporting when the large bank threshold of $1.284 billion is reached. The new limits were announced on December 28, 2018.
  • Learn how to document lending activity in designated disaster areas.
  • What's included in a performance context? Learn how to describe your institution, quantify the ability and capacity of the bank to meet credit needs based on financial data. Learn how to highlight the positive outcomes of your lending focus and business strategy.
  • Tips to describe your assessment area including demographic and economic data resources.
  • Best practices to deal with CRA-related complaints and potential fair lending issues that can threaten a successful exam.
  • Definitions of Community Development Loans and Services
  • Ideas for passing the Investment Test portion of the exam
  • Overview of a proposal to reform CRA rules. The OCC announced on November 11, 2019 that they plan to issue a proposal soon that is supported by the FDIC. At this time the Federal Reserve hadn't agreed to some of the elements of the proposal.
  • Helpful CRA compliance resources and regulatory guidance

Who Should Attend?   

This session is "must" for CRA Officers of small, intermediate, and large institutions. The session will also benefit the Board & senior management, credit administration, lenders, compliance, and marketing professionals.

Speaker:

Susan Costonis

Susan Costonis is a compliance consultant and trainer. She specializes in compliance management along with deposit and lending regulatory training.

Susan has successfully managed compliance programs and exams for institutions that ranged from a community bank to large multi-state bank holding companies. She has been a compliance officer for institutions supervised by the OCC, FDIC, and Federal Reserve. Susan has been a Certified Regulatory Compliance Manager since 1998, completed the ABA Graduate Compliance School, and graduated from the University of Akron and the Graduate Banking School of the University of Colorado. She regularly presents to financial institution audiences in several states and “translates” complex regulations into simple concepts by using humor and real life examples.

Attendance verification for CE credits provided upon request.

Webinar Sponsored by Total Training Solutions

If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.

Registration Options
Live Plus Five – Attend the live event and receive five business days of unlimited access to the OnDemand Playback and links to presenter materials and supplementary handouts.

OnDemand Recording
– Receive unlimited access to the OnDemand Playback for 6 months and links to presenter materials and supplementary handouts. This option does not include live session attendance.

CD-ROM –
Receive the webinar recording on a CD-ROM 7-10 business days after the Live event or your registration date (whichever is the latter). Receive unlimited access to the OnDemand Playback for 6 months and links to presenter materials and supplementary handouts. This option does not include live session attendance.

Live Plus Six
– Attend the live event and receive six months of unlimited access to the OnDemand Playback and links to presenter materials and supplementary handouts.

Premier Package
– Includes all three base options. Live attendance, OnDemand Playback for six months, and the CD-ROM.
 

When
1/21/2020

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