Community Development Services and Loans (MP4)

The CRA requires that intermediate small and large banks provide CRA qualified services in the communities in which they operate. Creating partnerships and developing a strategy for providing these services is integral to a successful CRA program.

The provision of Community Development loans within your assessment areas is another critical component of a successful program. Learn what qualifies as a "service" and a “Community Development Loan” and how to make the most of these partnerships. 

Learning Objectives:

• Learn what qualifies as a Community Development Loan and a Community Development Service.

• Discover how to set goals for your service and loan activities.

• Examine the required documentation to satisfy your regulator.

• Gain resources for making loans and providing services within your assessment areas.

Recorded August 24, 2023.