The FFIEC released a publication to assist institutions in their CRA data collection and reporting. The publication, "A Guide to CRA Data Collection and Reporting", provides a summary of responsibilities and requirements, directions for assembling the necessary tools, and instructions for reporting CRA data.
The 64-page guide starts with an explanation of CRA compliance responsibilities, then addresses reporting requirements, file specifications and edit validations, and more. It gives detailed guidance about each step of the CRA compliance process, from where you can obtain information on current and historical MSA boundaries to how and when you report small business and small farm loans. All persons with CRA responsibilities should review this worthwhile guide.
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