Logo: Independent Community Bankers of America - ICBA The Nation's Voice for Community Banks (R)

Graphic: Arrow Forgot password?
Graphic: Arrow Request Login
Contact ICBA Site Map Search ICBA
ArrowICBA Home
ArrowAbout ICBA
ArrowAbout Community Banking
ArrowConsumer Education & Resources
ArrowIndustry Resources
ArrowMarketing Resources
ArrowMembership/Nat. Solutions Group
ArrowPress Room
ArrowSocial Media
ArrowMain Street MarketĀ®

Members Only = Access Restricted
Last update: 10/21/14

ICBA News Release Header


ICBA Explores Myths Versus Facts on CRA

Washington, D.C. (Sept. 9, 2004) - Independent Community Bankers of America (ICBA), the nation's voice for community banks, today released a three-page document exploring the realities of the changes proposed for the streamlined exams for the Community Reinvestment Act (CRA).

The document, titled "The Truth about CRA," lists the six biggest myths about CRA and the asset-size limits for banks eligible for streamlined exams. "There has been a great deal of news coverage recently about CRA," said Camden R. Fine, president and CEO of ICBA. "Unfortunately, some of the information has been inaccurate or misleading about the changes federal agencies have proposed that would allow more community banks to undergo a simplified CRA exam process. ICBA aims to promote greater accuracy and understanding on the issue with the list of myths and corresponding facts regarding the proposed changes."

The document is available at /advocacy/index.cfm?Itemnumber=1775.

ArrowsPrintable version

Button: Share

All contents copyright 2014 Independent Community Bankers of America. All rights reserved.
Privacy Statement | Legal Notice