|
COMMUNITY REINVESTMENT ACT (CRA)
Self-paced online course: ABA eLearning
Price: $95 members; $130 non-members ENROLL NOW
Course Description: Community Reinvestment Act (CRA) introduces this
federal law that requires federal banking regulators to evaluate the record
of the financial institutions they regulate. It explains how regulators
evaluate the efforts of the financial institutions in meeting the credit
needs of the assessment area they serve, including low- and moderate-income
neighborhoods. This course provides background information about the
development of the CRA. It provides an overview of the examination
categories and the ratings given for the examinations. This course also
describes the information that must be made available to the public.
REVISED: 2009
Audience: All employees with direct client contact.
Learning Objectives:
After completing this course,
students will be able to:
- Describe the primary
purpose of the Community Reinvestment Act
- Summarize key points in the
development of the Community Reinvestment Act
- Describe the information
that must be made available to the public
- Describe the categories for
CRA examinations
- Describe the ratings used
to report CRA examination results
- Identify performance
standards used to determine the Community Reinvestment Act ratings for
financial institutions
Credit: AIB: 0; ICB: 0.5 CBT, CCSR, CPB, CLBB; CEU:
1.0
|
