CRA Turns 40

November 10, 2017
By Ariel Cisneros, Senior Community Development Advisor


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The Community Reinvestment Act (CRA), enacted in 1977, has been in place for 40 years. As a way of commemorating the CRA’s anniversary, the Kansas City Fed is once again highlighting CRA OneSource, a one-stop resource for CRA tools, templates, videos and guides.

CRA OneSource is designed to assist bankers and community leaders with CRA tools and resources. The site is a valuable resource for those new or very familiar with CRA. All materials on CRA OneSource are developed by the Federal Reserve Banks, Federal Deposit Insurance Corp., Office of the Comptroller of the Currency and the Federal Financial Institutions Examination Council. 

 

Recent videos:

What is the Community Reinvestment Act?
This Federal Reserve System video explains the CRA in practical and understandable terms.  This video can be used with your board of directors, lending team and development team to develop a better understanding of the regulation.

Leading Practices for Effective CRA Programs
This Federal Reserve System video explains effective, leading CRA lending practices in practical terms. It is a short video with ideas you might incorporate to enhance your CRA program.

Small Bank and Intermediate Small Bank (ISB) CRA Examination
This Federal Reserve System video explains the CRA examination process for small and ISB in practical and understandable terms. This video is a resource that fits the small bank or ISB and banks that soon may transition from small to ISB.  

CRA Community Development Defined
Confused about community development? This Federal Reserve System video explains community development in practical terms.

Recent publications:

Engaging Workforce Development: A Framework for Meeting CRA Obligations 
This guide from the Federal Reserve Banks of Dallas and Kansas City provides banks, and organizations interested in partnering with them, information on how the CRA can be leveraged to support workforce development goals.

Healthy Communities: A Framework for Meeting CRA Obligations
This guide helps financial institutions looking for CRA consideration in the healthy communities space. 

Closing the Digital Divide: A Framework for Meeting CRA Obligations
This framework for meeting CRA obligations was developed by the Federal Reserve Bank of Dallas. 

For these and other CRA resources visit CRA OneSource.