2008 CRA Assement Area Ratios Report

GeoDataVision President Len Suzio announced the release of the National Community Reinvestment Act Assessment Area Ratio Report by GeoDataVision as part of its public service. “We know that the National CRA Assessment Area Ratio Report is an important tool for measuring one of the most important responsibilities for a bank under the Community Reinvestment Act,” said Suzio. The Community Reinvestment Act imposes on banks the requirement to lend the majority of their loans within the markets they have designated as their “assessment areas” under the Regulation. The “Assessment Area Ratio” is a specific test used by bank examiners to determine if a bank is meeting this fundamental responsibility under the Regulation.

The Reports are organized on a state by state basis based upon the headquarters state of the reporting lender. The number of small business loan originations and their dollar value are displayed in the reports. In addition, the Reports compute the ratio of loans and loan dollars to a bank’s total reported lending.