Thursday, February 3, 2022
2:00 – 3:00 pm (Eastern Time)
1:00 – 2:00 pm (Central Time)
12:00 – 1:00 pm (Mountain Time)
11:00 – 12:00 pm (Pacific Time)
All was quiet on the Community Reinvestment Act (CRA) front for over fifteen years, until 2020 when the OCC issued their Final Rule to “strengthen and modernize” current CRA regulations and the Federal Reserve issued an Advanced Notice of Proposed Rulemaking detailing their own approach to bringing CRA into the 21st Century. Then in mid-2021, the OCC pulled back on these new rules and it looks like the Agencies will be jumping in the sandbox to issue a joint CRA ruling.
Receiving a strong CRA is important to you and to your bank. A poor rating can significantly impact board and management’s strategic goals and adversely affect your reputation in the communities you serve. In this session we will dive into these agency’s rules and provide best practices for how you can prepare your CRA program to meet regulatory expectations. No matter if you are a small bank, intermediate-small bank, or a large bank, we will discuss the rules that apply to you.
This banking webinar will also review best practices for documenting the efforts you have taken during the recent pandemic to ensure your bank receives credit for all you have done to assist your communities. Join us for this informative session!
Dawn began her banking career working for a community bank, while attending The Ohio State University. She has nearly fifteen years of experience in client service, operations, information technology, administrative and board relations, marketing and compliance. Most recently Dawn served as the Senior Vice President of Bank Operations for a central-Ohio based community bank, where she created and refined the bank’s policies and procedures, conducted self-audits and risk assessments, and organized implementation of new products and services. She has served in the roles of Compliance, BSA/AML, CRA, Privacy and Security Officer and led training initiatives, prepared due diligence information for and completed a variety of regulatory applications and coordinated internal and external audits and exams.
1.0 CPE Credits & 1.2 AAP Credits