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CRA Public FileCoastal Community Bank CRA Public File Contents 1. CRA Comments Page 12. CRA Performance Evaluation Page 23. 3a. CRA Assessment Area Page 343b. CRA Map Page 353c. Census Demographic
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What is community reinvestment act cra?
The Community Reinvestment Act (CRA) is a federal law that requires banks and other financial institutions to meet the credit needs of the communities in which they operate, particularly low- and moderate-income neighborhoods.
Who is required to file community reinvestment act cra?
Banks and financial institutions that are regulated by federal banking agencies are required to file Community Reinvestment Act (CRA) reports.
How to fill out community reinvestment act cra?
To fill out a Community Reinvestment Act (CRA) report, banks and financial institutions must gather data on their lending, investment, and service activities in the communities they serve, and submit the required information to their regulatory agency.
What is the purpose of community reinvestment act cra?
The purpose of the Community Reinvestment Act (CRA) is to encourage banks and financial institutions to help meet the credit needs of their communities, particularly low- and moderate-income neighborhoods, by providing access to credit and financial services.
What information must be reported on community reinvestment act cra?
Banks and financial institutions must report on their lending, investment, and service activities in the communities they serve, including details on the amount and types of loans made, investments in community development projects, and services provided to low- and moderate-income individuals and communities.
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