2024 CRA for Large Banks

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Electronic Item No: EM-CRA-L
Price: $115

The 2024 CRA for Large Banks manual provides a simplified review of the new CRA final rule. The final rule as published on February 1, 2024, contains complex language that includes information for all asset sizes and institutional categories, including those institutions that are over $10 billion in assets. This manual weeds out all of the unnecessary information so you can stay focused on what matters for your institution.

TOPICS

• Purpose
• Applicability Dates
• Definitions
• Consideration of Community Development
• Community Development Illustrative List
• Community Development Impact and Responsiveness
• Geographic Considerations
  • Facility-based Assessment Areas
  • Retail Lending Areas
  • Outside Retail Lending Areas
• Large Bank Performance Standards
• Loans, Investments, Services, and Products or Operations/Operating Subsidiaries and Other Affiliates
• Community Development Lending and Community Development Investment by a Consortium or a Third Party
• Performance Context Information Considerations
• Conclusions and Ratings for Large Banks
• Effect of Evidence of Discrimination
• Data Collection and Reporting
• Content and Availability of Public File
• Public Information
• Transition Provisions

This manual is an excellent resource for you to review the final rule and the impact to your institution without all the clutter.