Print Page   |   Contact Us   |   Sign In   |   Register
Developing and Documenting a CRA Assessment Area
Tell a Friend About This EventTell a Friend
 

12/4/2018
When: Tuesday, December 4, 2018
Where: Webinar
Colorado
United States
Contact: Mike Bintner

« Go to Upcoming Event List  

 

What?
A critical component in every bank's CRA program is the delineation of its assessment area. Examiner's are required to use the assessment area drawn by the bank, unless the bank failed to follow the required steps in the process.

The assessment area, when properly drawn, can improve the institution's CRA rating. For example, a bank is evaluated, in part, on the percentage of loans within its assessment area. Drawing the area to include a higher the percentage of loans in the assessment area generally improves results. However, a higher percentage can be offset if the bank does not have a good distribution of loans based on the demographics (race, ethnicity and income) of the census tracks in the area. The challenge is find the sweet spot that maximizes the percentage of loans in the assessment area and also assures a solid distribution of loans throughout the area.

This program focuses on the proper method of delineating an assessment area. In addition to reviewing the basic building blocks of an assessment area the program also considers the impact of the assessment area on the CRA performance evaluation. The program also compares the assessment area to the reasonably expected marketing area (REMA). The REMA has risen in importance in the past few years.

Why?
Every bank is required to delineate one or more assessment areas. Since you have to it anyway it makes sense to conduct the delineation in a fashion that will benefit your institution's CRA performance. The delineation should be reviewed periodically to assure that it continues to position the institution to obtain the best CRA rating.

Covered Topics

  • Which geographies must be included in the assessment area;
  • Whether to adopt one or more assessment areas;
  • When to include only a portion of a geography in an assessment area;
  • The limitations on the delineation;
  • How to document the assessment area;
  • The need to conduct periodic delineations;
  • What is a reasonably expected marketing area;
  • What is included in a REMA; and
  • How examiners use the REMA.

Who Should Attend?

The program is designed for management of the loan department, Compliance Officers, CRA Officers, marketing staff and auditors.


Please note: This site employs features that may cause unexpected behavior in older versions of Internet Explorer. If you experience a problem, try refreshing your screen. If this doesn't solve the problem, click on this link.
Express Checkout

You may contact us by using the Online Chat button below.

Connection Error #D55. For immediate assistance, please use our online chat (lower right corner of this page).

If you would like to share your order's notifications with a co-worker - to CC them with Connection Information and all other notifications related to the order - just enter the email in the textbox below.

   Live Plus Five (days) - $265   
   OnDemand Recording - $295   
   CD-ROM - $345   
   Live Plus Six (months) - $365   
   Premier Package - $395 

Association Management Software Powered by YourMembership  ::  Legal