Your Most Important CRA Decision: Defining Your Assessment Area
Are impossible CRA performance standards frustrating you?
Maybe Your Assessment Area Delineation is the Problem!
How to Define Your Assessment Area to Minimize Performance Pressure And Comply with CRA
CRA expert Len Suzio will present a 90 minute Webinar that will show you how good assessment area design ADDS to your CRA performance:
- Avoid the all too common and disastrous Assessment Area mistakes made by CRA Officers
- Determine the performance standards that will be used to measure your CRA performance
- Delineate your community to meet CRA technical requirements
- Shape your market to minimize performance pressure
The first CRA decision you make is the most important CRA decision you will ever make! Why?
Because the standards that are used to measure your performance are 100% dependent on how you define your Assessment Area. Every CRA test you must pass is based on how you define your community.
Yet very few bankers take the time to study how their choice will profoundly affect the performance standards that regulators will use to measure and rate their performance.
How is the "penetration rate" determined by examiners for your mortgages extended to low or moderate-income families
What is the performance standard used to measure your small business or small farm loans extended to very small businesses and/or very small farms?
If you are feeling the pressures of CRA performance expectations that are too high or too vague, you need to rethink how you have defined your market in the first place!
This is a must-see webinar for all CRA officers!
Len Suzio is a nationally recognized CRA 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 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 compliance program that meets regulatory expectations and reduces performance anxiety.
"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
Bonus: You will receive valuable and practical CRA compliance tools including the latest Census Tract Reference Book (pdf document) and the Community Development Loan Report for their state.
