Are you ready for the new CRA Q&A's?
The long awaited new and updated CRA Q&A’s finally have been published and they have important implications for all CRA-regulated lenders. Proposed for public comment in August 2007, the January 9, 2009 Q&A’s affect all insured financial institutions, but the interpretations have dramatic effect on Intermediate-Small banks in particular.
Sorry you missed it. Remember all GeoDataVision webinars are availible for purchase as a download or compact disc.
Every CRA Office and Compliance Officer needs to know how the new interpretations will impact their bank. These are some of the questions that will be answered in this webinar
- What is the new Community Development option for Intermediate-Small banks and what are the restrictions?
- What is the new reporting requirement for Community Development loan participations?
- What are the “broader geographic criterion” for MWLI investments and loan participations?
Mr. Suzio not only will provide you with clear and understandable answers to the foregoing and similar questions, he will provide you with practical advice regarding how to take advantage of the new interpretations.
- Which new interpretations are important to my bank?
- What do we have to do to take advantage of the new interpretations?
In addition to the approved Q&A’s the January 6 Federal Register announced several new proposed Q&A’s for public comment.
- What is the new proposed “third way” to meet the “primary purpose test” for community development loans?
- What are the new proposed examples that demonstrate how to determine that community services are offered to low- or moderate-income individuals?
Len Suzio is a nationally recognized CRA and HMDA expert. He has spoken at ABA and ACB national compliance conferences as well as many state compliance meetings and has been a featured speaker at numerous webinars. Len has published a number of articles on CRA and HMDA in industry-wide journals such as The Journal of Finance and Risk Management published by Robert Morris Associates and Community Banker Magazine published by America's Community Bankers. Most important, Len has been a community banker and has worked with hundreds of community banks to help them develop a professional CRA and HMDA compliance program that meets regulatory expectations and reduces performance anxiety.
Here is what previous Webinar attendees have been saying about Len Suzio's Webinars:
"Just wanted to say that the webinar on Defining the Assessment Area was GREAT! As always, you provide clear and concise explanations." C.N., CA banker
"Your CRA and Community Development webinar was very, very good. It helped to clarify Community Development loans for me." J.M., NY banker
"I attended your session and found your presentation to be one of the best CRA presentations I have attended" D.M., MD banker
"Very informative and well delivered." G.M., AR banker
This webinar was recorded and is now available for purchase
Order your copy today
Major credit cards (MC/Visa/Discover) are accepted.
Checks are also accepted.
You can request more information by contacting Jean by phone (203) 530-1832 or Email
Are you ready for the new CRA Q&A's?
