Community Reinvestment Act Policy
This Community Reinvestment Act Policy addresses policies, procedures and processes for a bank or savings association to ensure proper adherence to the provisions and intent of the Community Reinvestment Act (“CRA” or “the Act”) in order to meet the goals of the credit needs of the communities the organization serves, including low- and moderate-income neighborhoods.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Structure of Accountability – Topic 3
- Definitions – Topic 4
- Audit Policy – Topic 5
- Staff Training – Topic 6
- Retention of Documentation – Topic 7
Subpart B – Standards for Assessing Performance
- Performance Tests, Standards and Ratings – Topic 1
- Lending Test – Topic 2
- Investment Test – Topic 3
- Service Test – Topic 4
- Community Development Test for Wholesale or Limited Purpose Banks – Topic 5
- Small Bank and Intermediate Small Bank Performance Standards – Topic 6
- Strategic Plan – Topic 7
- Assigned Ratings – Topic 8
- Effect of CRA Performance on Applications – Topic 9
Subpart C – Records, Reporting, and Disclosure Requirements
- Assessment Area Delineation – Topic 1
- Data Collection, Reporting and Disclosure – Topic 2
- Content and Availability of Public File – Topic 3
- Public Notice – Topic 4
- Publication of Planned Examination Schedule – Topic 5
Subpart D – Transition Provisions
- Consideration of Bank Activities – Topic 1
- Strategic Plan Retention – Topic 2
Subpart E – Prohibition Against Use of Interstate Branches Primarily for Deposit Production
- Purpose and Scope – Topic 1
- Loan-to-Deposit Ratio Screen – Topic 2
- Credit Needs Determination – Topic 3
- Sanctions – Topic 4
Includes the following form templates:
CRA Notices – 6 pages
CRA Ratings – 21 pages
Recent updates to this product:
01/02/25 Update
Joint Press Release – Announcement of 2025 Asset-Size Thresholds
OCC Bulletin – 2024-36 – Community Reinvestment Act: Revision of Small and Intermediate Small Bank and Savings Association Asset Thresholds
04/01/24 Update
Joint Release – Agencies Extend Applicability Date of Certain Provisions of Their Community Reinvestment Act Final Rule
01/02/24 Update
Joint Release – Joint Final Rule: Technical Amendment
OCC Bulletin 2023-40 – Community Reinvestment Act: Revision of Small and Intermediate Small Bank and Savings Association Asset Thresholds
12/04/23 Update
Joint Press Release – Agencies Issue Final Rule to Strengthen and Modernize Community Reinvestment Act Regulations
01/03/23 Update
Joint Release – Agencies Release Annual CRA Asset-Size Threshold Adjustments for Small and Intermediate Small Institutions
This Community Reinvestment Act Policy (approximately 32 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.
Product Update Protection Plan
Ensure your purchase from BankPolicies.com remains current by adding a Product Update Protection Plan to your shopping cart. You’ll automatically receive an updated version via e-mail every time it’s revised, within one year from the last date of purchase.
We’re Here to Help
BankPolicies.com provides digital access to over 500 professional bank policy, job description, and form templates for automatic download.
BankPolicies.com keeps your financial institution up to date with the latest bank policy standards and industry best practices. Purchase your bank policies from us today and rest easy knowing you have the right team helping you and your organization stay compliant. We are ready to earn your business for all of your bank policy needs. Order your policy template today.
