Washington, D.C. (July 13, 2023)—CRA Partners, an ICBA affiliate, today announced the formation of CRA Collaborative, a peer group that provides community bankers with opportunities to engage in discussion around Community Reinvestment Act-(CRA) related topics.
“For more than 20 years, CRA Partners has worked with community banks to help them meet the needs of their elderly customers while earning Community Reinvestment Act credit,” CRA Partners President and CEO David Lenoir said. “As CRA modernization began to take shape last year, we saw an influx of questions around the new rules and believed a forum such as the CRA Collaborative would be invaluable to bankers as they navigate questions and facilitate discussion around changes.”
The CRA Collaborative will hold quarterly online meetings, allowing CRA professionals at community banks to work together to share their expertise and knowledge while learning new skills and best practices. They will also have opportunities to learn about ways to optimize their CRA strategy through a dynamic team environment.
“CRA Partners has been a great resource in helping our bank take advantage of CRA opportunities in our community, and now we have another valuable tool with CRA Collaborative to help foster meaningful dialogue and share insights among a group of like-minded peers,” said CRA Partners Chairman G. Scott McComb, chairman, president and CEO of Heartland Bank in Whitehall, Ohio.
The next CRA Collaborative meeting is scheduled for July 26. Membership in the CRA Collaborative is free for banks currently supporting CRA Partners programs and available through an annual subscription for all others. To learn more and join, visit https://shcpfoundation.org/cra-collaborative/.
About CRA Partners
CRA Partners is a turnkey CRA compliance program powered by the Senior Housing Crime Prevention Foundation, an ICBA subsidiary. The Foundation operates Senior Crimestoppers, a nationwide crime prevention program educating and safeguarding against theft, abuse, and neglect. Senior Crimestoppers is funded exclusively by the banking industry.
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. ICBA is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education, and high-quality products and services.
With nearly 50,000 locations nationwide, community banks employ nearly 700,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding $5.8 trillion in assets, $4.8 trillion in deposits, and $3.8 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers' dreams in communities throughout America. For more information, visit ICBA's website at www.icba.org.