Journal Article

CRA: An Examiner’s Perspective — FAQs on COVID-19 and the Community Reinvestment Act


Abstract: An examiner provides an overview of FAQs intended to offer clarification for the Joint Statement on CRA Consideration for Activities in Response to COVID-19.

Keywords: COVID-19; Community Reinvestment Act (CRA);

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Bridges

Publication Date: 2020-08-17

Note: This article is part of a series on best practices from an examiner’s perspective. Although this column focuses on CRA best practices for financial institutions, the content may provide insights for community development organizations working with financial institutions in meeting credit and community development needs. As a disclaimer, this series is meant only to represent best practices; financial institutions should consider the information presented in context of the requirements or guidance of their primary regulators and the business needs of their financial institutions.