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He Diocese of Raleigh Catholic Heritage Society was created in 1998 to honor the Christian generosity of those who have invested in the future of the Diocese or any of its parishes, schools or Diocesan
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ABA Section 705 comments refer to the submissions by financial institutions to the Federal Reserve Board to provide information on their community reinvestment activities.
Financial institutions subject to the Community Reinvestment Act (CRA) are required to file ABA Section 705 comments.
ABA Section 705 comments can be filled out by providing detailed information about the institution's community development activities, lending practices, and services offered in low and moderate income areas.
The purpose of ABA Section 705 comments is to demonstrate a financial institution's commitment to meeting the credit needs of its entire community, including low and moderate income areas.
Information such as loan originations, community development investments, and services provided in low and moderate income areas must be reported on ABA Section 705 comments.
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