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On October 24, the banking agencies finalized significant changes to the Community Reinvestment Act (CRA).
The final rule is designed to adapt CRA regulations to banking industry changes, improve clarity to regulated institutions, tailor evaluations and data collection to bank size and type, and maintain a unified interagency approach. The final rule takes effect in April 2024 and will require mandatory bank compliance by January 1, 2026.
Attend to understand what is required for small banks under the final rule, the optional "Retail Lending Test" and the optional submission of Community Development activities.
Learning Objectives:
Understand the key evaluations, important dates, and definition of a small bank.
Learn about the requirements of the optional Retail Lending Assessment Areas.
Learn about the new and optional submission of the Community Development activities.
Duration: 60-minutes
ICBA Members
Live: $209
On-Demand: $229
Live + On-Demand: $249
Non-Members
Live: $309
On-Demand: $329
Live + On-Demand: $449
Unlimited Webinar Pass subscription: $0
For more information, call 800-422-7285.
Who should attend: CRA Officers and staff
Prerequisites: None
Advanced Preparation: Basic knowledge of banking.
Program Level: Intermediate
Field of Study: Specialized Knowledge
Delivery Method: Group Internet Based.
CPE Credit Hours: 1
Business Development Officer & CRA Liaison
ICBA CRA Solutions
Registration, attendance, or participation at this event constitutes an agreement to adhere to the ICBA code of conduct and complaint policy. ICBA aims to be welcoming, safe, and inclusive to all participants, with the most varied and diverse backgrounds possible.
As such, The Independent Community Bankers of America (“ICBA” or the “Association”) has adopted a zero-tolerance policy toward all forms of unlawful discrimination and harassment.