Community Reinvestment Act (CRA)
ProBank Austin will conduct quarterly data integrity reviews of the Bank’s CRA/Loan Application Register (LAR). Our professional(s) will review a sufficient number of small business, small farm and community development transactions during each visit which would give us the ability to identify recurring patterns or problems. During each visit, our professional(s) will compare the customer’s credit file to the entries posted to the Bank’s LAR as well as testing for omissions of CRA-reportable transactions. If errors are detected, ProBank Austin maintains a record of needed corrections.
In order to maintain the Bank’s computer security, ProBank Austin does not allow our professionals to adjust a Bank’s computer records. We create a listing of necessary adjustments and provide that information to a Bank employee for clarification and/or corrected input.