CRA (Community Reinvestment Act)

If you’re like most bankers, CRA is just a few of the many responsibilities you have. Reduce your frustration and help your bank by relying on the nation’s top CRA experts. GeoDataVision offers the most comprehensive and in-depth CRA packages available in the industry and unparalleled consulting.

Sample bank map: loan dollars distributed by tract income class across the assessment area

Performance Evaluation Reports (Exam Prep)

Reports include a Self-Assessment, Market Data Analysis, Performance Context information, Loan Distribution organized for Lending Test Analysis, Maps of Lending and Demographics, and Professional Consulting on Reports.

Sample CRA self-assessment report comparing a bank’s performance with key performance benchmarks

Key Performance Benchmark Reports (Market Data)

Market data extracted from the latest FFIEC National Reported HMDA, CRA, and Community Development data. These Reports set the standards by which a bank will be examined. They expose the “performance context” information that can be supportive of a bank’s performance results. It is the information examiners will use to evaluate you.

CRA Program Template cover: CRA Procedures

CRA Program Template

The starting place for building a professional CRA Program. It includes a CRA Policy, CRA Procedures, a CRA Data Entry Guide, a CRA Audit Checklist, a CRA Committee Agenda, and Documents and Worksheets.

Outline page from the CRA Procedures: record collection, maintenance and reporting

Process and Procedures Review

One of the most important compliance issues today is data integrity. Every compliance performance analysis is dependent on the quality of the data used for the analysis. Consequently, examiners place heavy emphasis on data integrity during examinations.

CRA Training and Consulting

A GeoDataVision expert will work with you and your personnel in the areas of HMDA/CRA/Fair Lending/Community Development. These services can be provided via the web or onsite, in person. In addition to hands-on consulting and training, we also provide webinars (live and recorded) that are extremely useful in training your staff.

Sample CRA data testing spreadsheet

Data Scrubs

Reports include an Excel spreadsheet documenting the HMDA and CRA files selected for testing and the results of the comparison of the application/file information to the LAR and Microdata file; each Excel spreadsheet will include a legend to reference the source document used to perform the review. Also, a sample of all source documents from one loan file used to review a LAR entry.

Contact one of our trusted, professional advisors for your institution.

(203) 907-7497