Community Development

Improve Data Accuracy with these CRA Reporting Tips

Get It Right: It’s a mantra for HMDA reporting, and it’s equally critical in CRA small business reporting for regulatory compliance. Three of the four critical fields to CRA reporting routinely cause lenders problems: Loan Amount, Loan Location and Gross Annual Revenues of $1 Million or Less. The right answer depends on such specifics as [...]

August 8th, 2022|

Proposed CRA Changes: An Overview

In May 2022, The Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and the Board of Governors of the Federal Reserve System proposed changes to the Community Reinvestment Act (CRA), including reclassification of small, intermediate, and large banks; new qualitative and quantitative test processes, and clarifying the definition of Community Development, with [...]

July 20th, 2022|

Download Brochure

Subscribe to ADI Updates

Explore ADI Insights

Recent Posts