CRA - Identifying and Documenting Community Development Activiti

Presented by:
Jack Holzknecht

This CD ROM will be available after November 24, 2009.

WHAT?
Both large and small banks receive CRA credit for community development (CD) activities. Such activities include loans, investments, services, and donations. Determining which of these activities receive credit and which don't can be a confusing task.

To make the situation more complicated, several federal bank regulatory agencies are in the process of changing what activities qualify for community development credit. While the agencies have always had separate CRA regulations, those regulations have always been consistent. That is about to change.

This program reviews the regulatory guidance on determining which activities get credit. It also provides suggestions for steps to improve your chances for getting credit for a particular activity.

WHY?
Engaging in appropriate community development activities can result in a higher CRA rating. Engaging in CD activities is an essential element needed to achieve an "outstanding" CRA rating.

PROGRAM CONTENT
This two-hour webinar focuses on:

• Why CD activities are important;
• What qualifies as:
  • A community development loan;
  • A CD service; or
  • A qualified investment;
• How to document CD activities;
• How to present CD activities in order to have the greatest chance of receiving credit; and
• The proposed changes to the definitions of community development activities.

WHO?
The program is designed for loan department management, compliance officers, and others with the responsibility of assuring a successful CRA program.

About the speaker:  Jackk Holzknecht
Jack Holzknecht is a principal with Pegasus Educational Services, LLC, a training firm headquartered in Louisville, Kentucky. He is an experienced consultant who has provided training to thousands of bankers and examiners for 22 years. He has the ability to identify the key compliance issues from each regulation. Jack's career began in 1976 as a federal bank examiner. He later headed the form and software and education divisions of a regional consulting company. In that capacity he developed loan and deposit form systems and software. He also developed and presented training programs that were delivered to bankers in 43 states. Jack has been an instructor at compliance schools presented by the Georgia, Iowa, Kentucky, Pennsylvania, Nebraska, New York and Texas bankers associations. He developed and delivered compliance training for the FDIC and OTS for ten years. He is a Certified Regulatory Compliance Manager and a member of the National Speakers Association. He is also a "BOL Guru" and frequently answers compliance questions sent to "Bankers' Threads."

• Complete presentation (including slides and audio)
• Written Materials
• Follow-up Q & A

You have the right under this license agreement for this CD-ROM to use this presentation on a single-workstation. Use on a network is in violation of the copyright agreements. CD may be used by multiple users at a given institution but may not be placed on a network or in any other multi-user environment.