CRA Compliance demo
Agents read loan files, prospectuses, grant letters and volunteer logs and propose what counts for CRA; the CRA Officer signs. 1:32
What the demo shows
CRA officers track Community Reinvestment Act lending, investment and service by area
Agents read each candidate's source documents and propose whether it qualifies as community development, under which purpose, in which assessment area and under which test, with the deciding passage beside 12 CFR 25 and the interagency Q&A. A Second-read agent argues against every yes. The CRA Data Analyst accepts or edits with a reason code; the CRA Officer signs each one, and the area's progress against plan moves. The same agents check HMDA and CRA small business data, keep the public file current, draft cited narratives and build the examiner pack.
Transcript
- CRA Compliance helps CRA officers track community reinvestment lending, investment and service by area.
- A weak CRA rating can stall a bank's merger or new branch.
- At Corvane National Bank, agents read every loan file, grant and volunteer log.
- This line shows all 38 areas against plan. Dayton is behind.
- Here, a 4.2 million dollar loan for 84 Dayton apartments.
- The agent cites the agreement: 62 of 84 units stay affordable for 30 years.
- Beside it, the rule: more than half are affordable, so the whole loan counts.
- A second-read agent challenges every yes; here it agrees.
- The CRA Officer signs: Dayton moves from 71 to 84 percent.
- Each decision keeps its passage, rule, two names and reason for the examiners.
- This year, 1,042 activities signed; 28 of 38 areas on pace.
- Built on Botminds: agents, data, screens and governance on one platform.
The narration as written for the film. Captions are on the player.