8 Months of "Special" CRA Reporting?
by Andy Zavoina, BOL Gurus Guru BIOS
Question: Our bank became a large bank for CRA purposes this year; however, with the update to CRA we are now considered a small intermediate bank. How are we to handle the first 8 months of this year and is there any special reporting that will need to be done for those 8 months?
Answer: Data collected should not be submitted. By this date you will have stopped collecting the data and you may use what you have for analysis.
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